Question 1 (20 marks)
Windhoek Bakeries has identified a niche market in which they would sell a special type of bread to high
schools in Namibia. Since this is a special type of bread that is not being manufactured currently,
Windhoek Bakeries expects that they will be in business for two years before competitors enter the
market. As such they have planned for this two year horizon after which they will review their business

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