Thomas Sage opened a small grocery shop in 1954 and was passionate about offering quality food at affordable prices. He built good relationships with farmers by establishing a network and paying attention to customer service. Sage decided to open his own supermarkets after learning from other businesses abroad. He funded the new supermarkets by seeking money from his family, friends, and local bank. Sage was supported by his wife and friend David, and later involved his children in the business by inviting them to join and giving them shares. Over time, the company began losing drive due to slow adaptation to new market conditions, and the board of directors required urgent reflection on their role and on issues like financing growth and distributing Thomas's shares.
Thomas Sage opened a small grocery shop in 1954 and was passionate about offering quality food at affordable prices. He built good relationships with farmers by establishing a network and paying attention to customer service. Sage decided to open his own supermarkets after learning from other businesses abroad. He funded the new supermarkets by seeking money from his family, friends, and local bank. Sage was supported by his wife and friend David, and later involved his children in the business by inviting them to join and giving them shares. Over time, the company began losing drive due to slow adaptation to new market conditions, and the board of directors required urgent reflection on their role and on issues like financing growth and distributing Thomas's shares.
Thomas Sage opened a small grocery shop in 1954 and was passionate about offering quality food at affordable prices. He built good relationships with farmers by establishing a network and paying attention to customer service. Sage decided to open his own supermarkets after learning from other businesses abroad. He funded the new supermarkets by seeking money from his family, friends, and local bank. Sage was supported by his wife and friend David, and later involved his children in the business by inviting them to join and giving them shares. Over time, the company began losing drive due to slow adaptation to new market conditions, and the board of directors required urgent reflection on their role and on issues like financing growth and distributing Thomas's shares.
The full video https://www.youtube.com/watch?v=cCbRanMtkLo 1 How did Thomas Sage's grocery shop start?
2 What was Thomas Sage passionate about?
3 How did Thomas build good relationships with farmers?
4 Why did Thomas decide to open his own supermarket?
5 How did Thomas fund the building of supermarkets?
6 Who supported Thomas in his ventures?
7 Which family member did Caroline Thomas marry?
8 How did Thomas involve his children in the business?
9 Why did the company start losing its drive?
10 What issues needed urgent reflection by the board of directors?
Correct Answers 1 Correct Answers: 1 Thomas Sage opened a small grocery shop in his hometown in 1954. 2 Thomas Sage was passionate about offering quality food at a good price. 3 Thomas built good relationships with farmers by establishing a network and paying attention to service. 4 Thomas decided to open his own supermarket after learning from other businesses in the US and Europe. 5 Thomas sought funds from his family, friends, and local bank to buy land and build supermarkets. 6 Thomas was supported by his wife Martina and their friend David. 7 Caroline Thomas married David Jr. 8 Thomas involved his children by inviting them to join the business and giving them shares. 9 The company started losing its drive due to slow adaptation to new market conditions. 10 The board of directors was not fulfilling its role, and there were questions about financing growth and international development, as well as the distribution of Thomas's shares.