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My name is Ann [436]
3 years ago
5

A restaurant owner is trying to decide whether to stay open at lunchtime. She has far fewer customers at lunch than at dinner an

d the revenue she brings in from lunch covers her expenses to buy food and pay the staff, but not much more.
What should the restaurant owner do?
Business
1 answer:
anygoal [31]3 years ago
8 0

Explanation:

A restaurant owner should not close the restaurant over the lunchtime. He should only do that if he is sure that he won't have any customer over lunchtime but since he has fewer of them, she should open it.

Also, it is giving him the ability to pay for some of the expenses which is also good for the restaurant.

  • The only thing that he can do is to promote some of the new lunch opportunities that people can have and that can help him to increase the number of his customers during lunchtime. For example, he can promote lunch opportunities to those people who are coming for dinner time.  
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The Hopper Leg Winery from California's Sonoma Valley is trying to enter the wine market in France. To the company's surprise, i
dimaraw [331]

Answer:

exclusive

Explanation:

Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

In this scenario, The Hopper Leg Winery from California's Sonoma Valley is trying to enter the wine market in France. To the company's surprise, it found that the France wine distribution channel was difficult to access as an outsider. Based on this, the market must have an exclusive distribution channel i.e the exclusive or unique rights to be a retailer for the supplier or manufacturer of the wine products.

7 0
3 years ago
If the Citrus Growers Association grows $1 million worth of oranges, sells $500,000 worth of oranges to consumers, uses the rest
WARRIOR [948]

Answer:

The answer is <u>$3 500 000</u>

Explanation:

The above transactions affect  the Consumption component in GDP.

Citrus Grower's contribution to GDP = $3 million + $500,000= <u>$3 500 000</u>

$1 million worth of oranges grown was not included because the amount was the estimated value of oranges and not actual value of oranges consumed.

3 0
3 years ago
Madison Inc. reported sales of $1,000,000, a debit balance in Accounts Receivable of $80,000, and a credit balance of $5,000 in
svetoff [14.1K]

Answer:

The answer follows below;

Explanation:

Sales=$1,000,000

Allowance for Doubtful Accounts=$1,000,000*1%=$10,000

Bad Debt  Expense Dr.$10,000

Allowance for Bad Debts Accounts=  Cr.$10,000

In sales % method, we record only % of sales as uncollectible.

6 0
3 years ago
The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods invent
weqwewe [10]

Answer:  $57,000

Explanation:

Given that,

Beginning finished goods inventory in units = 0

Units produced = 7,000

Units sold = 5,100

Sales = $663,000

Materials cost = $140,000

Variable conversion cost used = $70,000

Fixed manufacturing cost = $490,000

Indirect operating costs (fixed) = $102,000

Total Variable cost of units produced = Materials cost + Variable conversion cost used

                                                               = $140,000 + $70,000

                                                               = $210,000

Variable\ cost\ per\ unit = \frac{Total\ variable\ cost}{units\ produced}

                                               =\frac{210,000}{7,000}

                                               = $30

Units in ending inventory = Units produced - Units sold

                                          = 7,000 - 5,100

                                          = 1,900

Value of Variable costing ending inventory = Units in ending inventory × Variable cost per unit

                                                                        = 1,900 × $30

                                                                        = $57,000

5 0
3 years ago
Gatorade thirst quencher displays the letter g front and center along with the brand's iconic bolt. according to the company, "g
Alex787 [66]

Perception benefits.

Gatorade wants anyone who uses their product and sees their logo to associate it (aka<em> have the perception</em>) that the user is athletic.

4 0
3 years ago
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