Argote, Samuel F.

02/10/19

Reflection

In business, you take many risks some you will fail and some you will succeed, when you do
succeed you will make a huge profit. You can either choose to build a business from scratch or
choose an existing business that you will choose to branch off of. If you do choose to branch off
from an existing business that act would be called franchising and what have I’ve learned to
their product development is to maintain the quality of their product for example, Siogo.

Siogo is from the same company behind the successful Master Siomai, they develop a new
product Siogo to compete to the other lower brands because there’s a lot of company created a
cheaper siomai so the Master Siomai decided to develop a cheaper product but a different
brand to maintain the quality of their product.

What I’ve learned from Potato King is you really have to develop your product because if you
don’t there is no improvement will happen so they decided to develop lots of variety to their
product with that development to their simple cart on the street selling a simple fries it
becomes a big company because of their product development.
Argote, Samuel F. 02/10/19