02 October, 2014

Choices Eh?

Choices eh? How about the idea that we make choices every day? Choices can be something as simple as to what to wear, or what to eat. Even the smallest of things can affect our choices. For example, you know that time you went to a new restaurant? The service was nice and fast, but when you got in the food was absolutely horrible. Your idea was to never eat there again, but one day you’re driving home from a long day at work, and suddenly you get a hankering for some ribs.
On your way home is that restaurant you tried three months ago. You try to think of other places to eat, but they're either too far away, or way too busy. Finally you give in and decide to give that restaurant another try. Again, you get in quickly, but this time the food is fantastic!  The point is, even though you made the choice not to eat there again, the convenient placing of the restaurant made you go. Though, this time you are satisfied. This is what I mean by small things can affect choices.
Now in economics, those small choices have a huge impact on stores,businesses, and restaurants. We consumers are very picky, and want the most suitable choice. If those merchants don’t give us what we want, they’re doomed. What do you think business owners do to get the most customers?

                                                     audit.blogspot

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