1. How have Graeter’s owners used the four factors of production to build the business over time?
2. Which of Graeter’s stakeholders are most affected by the family’s decision to take a long-term view of the business rather than aiming for short-term profit? Explain your answer.
3. Knowing that Graeter’s competes with multinational corporations as well as small businesses, would you recommend that Graeter’s expand by licensing its brand to a company in another country? Why or why not?
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