Goldilocks Statement Overprice Allegations .pdf

Goldilocks Statement regarding allegations of
Makati cake overpricing:
Goldilocks Bakeshop, Inc. stands by the integrity of its winning bid as the
birthday cake supplier for senior citizens living in Makati City.
The birthday cakes that we supply to Makati City are identical to the 9”
round chiffon greeting cake that are available in our stores nationwide. This
cake is one of our best-sellers, with countless customers clearly
appreciating its taste, quality, and value-for-money proposition at its retail
price. For the senior citizens of Makati, we have priced the same cake
lower than its retail amount.
In our long history of being the country’s number one bakeshop, we have
learned that size alone is not a good determinant of the how good a cake
is. Other factors like the taste, quality of the ingredients, and consistency
play a far more important role. Since 1966, Goldilocks has upheld high
standards of ethics and integrity, and a strict code of corporate values
continues to govern every aspect of our operations.

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