1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kicyunya [14]
3 years ago
5

Quick Eats is a fast-food restaurant that has recently entered the hospitality industry. Since most of its competitors are pursu

ing a low-cost position and doing well, Quick Eats also wants to adopt the same strategy. Which of the following will be a likely implication of this decision?
Quick Eats will face low profit potential. T/F
Business
1 answer:
ANTONII [103]3 years ago
3 0

Answer:

True

Explanation:

It is true because differentiated products (unique products) are expensive than the normal products which means that the company is earning extra profits due to its products uniqueness. And if the company is going to eliminate its uniqueness from the product then it is more probable that the profit share would be decreased because the customer will not pay the company extra as their is no uniqueness in the product.

You might be interested in
Around the world oil is priced consistently in United States dollars. In economic terms this is an example of:
Zina [86]

Answer: unit of account

Explanation:

The unit of account is function of money which refers to the standard monetary unit of measurement of a good or service.

Since oil is priced consistently in United States dollars around the world, this means that dollars is the standard monetary unit of measurement and is therefore, the unit of account.

8 0
2 years ago
An industry that has many companies offering the same basic product, but with some slight difference is
mario62 [17]

An industry that has many companies offering the same basic product, but with some slight difference is B. monopolistic competition.

Monopolistic competition is found in industries where slight differences of a product is possible but they basically offer the same thing. A few examples of monopolistic competition are those in the restaurant or hospitality career field. These businesses offer food or hotel rooms which are what their competitions offer as well, but what they include within their packages or their food offerings may differ.

6 0
3 years ago
What is the term for the aesthetic that emerged with technological innovations and through mass media and entertainment, avoidin
Schach [20]

Group of answer choices.

a. Avant-Garde

b. Zeitgeist

c. Modern

d. Post-Modern

Answer:

c. Modern.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

According to the economist Philip Kotler in his book titled "Marketing management" he stated that, there are five (5) levels of a product. This includes;

1. Core benefit.

2. Generic product.

3. Expected product.

4. Augmented product.

5. Potential product.

The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.

Innovation typically involves the creation of a new product of any category such as automobile, building, phones, electronics, etc., that generates money for the innovators or manufacturers through purchase made by the end users (consumers).

Modern is the term used to describe an aesthetic (artistic goods or products) that emerged with technological innovations and through mass media and entertainment, avoiding any reference to past fashion, instead focusing on sleekness, banishment of frills, functional details, and performance and technical fabrics.

This ultimately implies that, the product isn't obsolete in nature but designed and developed to meet new tastes.

4 0
3 years ago
The " 10 80 10 " rule as it applies to crowd management means
Sergeu [11.5K]

Answer:

reasons that in an emergency or crisis 10% of us are leaders; we have a plan, take action, and do the right thing. We seek direction and wait for someone to take the lead and tell us what to do. Finally, there are the “Doomed”; 10% of us that behave in counter-productive ways.

Explanation:

4 0
2 years ago
The nurse manager working at a rehabilitation center for older adults notices an increase in the incidence of client falls. The
olga_2 [115]

Answer:

<em>Autocratic Leadership</em>

Explanation:

Autocratic leadership <em>is a leadership style represented by immediate individual control across all choices and hardly any contribution or  feedback from members of the group. </em>

Usually, autocratic rulers create decisions based on their thoughts and opinions and seldom accept members' suggestions.

3 0
3 years ago
Other questions:
  • The 2018 income statement of Adrian Express reports sales of $20,510,000, cost of goods sold of $12,550,000, and net income of $
    11·1 answer
  • Phillips Corporation purchased 1,000,000 shares of Martin Corporation's common stock, which constitutes 10% of Martin's voting s
    7·1 answer
  • Question Number 9 At the end of the day, a local bakery sold 83 cakes and had to throw out 7 cakes due to baking errors. Each ca
    14·1 answer
  • A store accidentally priced an item at $20 instead of $30 and honored the mispricing. where should the $10 difference
    11·1 answer
  • "A customer contributed $50,000 to a variable annuity contract. The account value has grown over the years and the NAV is now $7
    9·1 answer
  • Baxter Company produces​ children's wiffle ball sets using a threeminusstep sequential process that includes​ molding, coloring
    8·1 answer
  • Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's
    11·1 answer
  • Khfhggjjv,gkjbmmjhbb.l
    10·1 answer
  • You are looking for part-time employment and posted your rĂ©sumĂ© to an online job site. One day you receive an e-mail from a co
    14·1 answer
  • Adjustments to expense accounts at the end of the accounting period are made to adhere to accrual accounting principles, specifi
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!