Price vs. Quality

For the past 15 years Happy Wok has been the most popular Chinese restaurant in the 10451 zip code area. The restaurant sits on the corner of 157th Street and Gerard Avenue, and it has been untouchable by competitors. Over the past five years three other Chinese restaurants have opened up on the same block and were forced to close. These other new restaurants tried everything to save their business but they didn’t stand a chance against Happy Wok.

This just goes to show how new businesses operate; they slash prices and cut quality to increase sales and profit. However, it is businesses like Happy Wok that mainly focus on the quality of their food in order to keep their customers satisfied, who survive.

This entry was posted in The Bronx. Bookmark the permalink.