Question

Whole foods differentiates itself from competitors by offering top-quality foods obtained through sustainable agriculture. this business strategy implies that whole foods focuses on?

Answer 1

This business strategy implies that whole foods focuses on the increase in the perceived value that is created for the consumers which will allow them to demand a higher price than the usual. They also demand higher prices because they have increase in their costs for more highly skilled workers, and many fresh items that are perishable and has high turnover.