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astra-53 [7]
3 years ago
12

The manager of a chain of fast-food restaurants has noticed that the number of breakfast customers has fallen by 50 percent in t

he last 6 months. The manager believes this precipitous decline may be due to the extensive marketing campaign a competitor is running to promote its "good-to-go" breakfast menu. Which of the following steps would be most likely to regain the lost customers?
a. retrain the members of the breakfast crewb. start cutting prices on its most popular breakfast itemsc. make an accurate diagnosis of what is causing the problemd. survey staff and customers on what changes need to be implemented
Business
1 answer:
Darya [45]3 years ago
7 0

Answer:

c. make an accurate diagnosis of what is causing the problem

Explanation:

The manager of the fast-food restaurant should understand the underlying problem first. Working on the assumption that it's because of a competitor marketing campaign may not give the desired results.  A customer's preference may change due to many reasons.

The manager should make an accurate diagnosis of the problem first. With a precise reason as to why customers as fleeing, then he can develop a counter-strategy. Retaining the current member of the crew will not reverse the situation. Reducing prices may affect profitability, which is not the desired result. With low prices, some customers may question the quality of the breakfast.

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Where could student researchers and/or student subjects find additional resources regarding the IRB approval process? (There may
nadya68 [22]

Answer:

Faculty advisor/Research Mentor

IRB office

Explanation:

The primary purpose of the IRB is to protect the rights and welfare of human subjects involved in research activities being conducted under its authority.

IRB approval is required before you start your research.

Federal regulations require that research projects involving human subjects be reviewed by an Institutional Review Board (IRB). The IRB must approve or determine the project to be exempt prior to the start of any research activities.

4 0
3 years ago
Read 3 more answers
The ""Know They Customer"" program: a. is a federal program directed at commercial bribery prevention. b. is a federal program r
Serga [27]

Answer: B. A federal program aimed at detecting money laundering

Explanation: with rising corruption issues, financing of terrorism and money laundering becoming so prevalent the Know Your Customer program was initiated to help combat these issues. It is a process by which banks obtain personal information about the identity and address of its customers. In this, banks are prevented from being used to service money laundering activities while also enabling them better understand their customers, monitor their financial dealings thus, assisting them in serving their customers better and manage its risks wisely.

4 0
3 years ago
Which one of the following is least apt to help convince managers to work in the best interest of the stockholders? Threat of a
vovikov84 [41]

Answer:

Salary raises based on length of service  

Explanation:

Agency conflict occur when the owners of a firm do not manage the company. Instead, the firm is managed by mangers. As a result, the interest of the manger might not be aligned with that of the owners and as a result the manager would not act in the best interest of the owners.

Agency problem is more common in public companies

If management compensation tied to the market value of the firm's stock, it would incentivise managers to take steps that would ensure that the value of the company's stock increases. This is because they would also benefit if the value of the stock increases

A stock option plan gives managers the option of buying a company's stock if certain targets are met. This would motivate an employee to work in the best interest of the shareholders

A proxy fight and a takeover would make the managers to lose their jobs. Most managers would not want to lose their jobs. A threat of a takeover or a proxy fight can serve to motivate mangers to act in the best interest of the stockholders

7 0
3 years ago
Back Bay Company is a price−taker and uses target pricing. Refer to the following​ information:Production volume602,000units per
kirill115 [55]

Answer: $30.10 per unit

Explanation:

Given that,

Production volume = 602,000 units per year

Market price = $34 per unit

Desired operating income = 17​% of total assets

Total assets = $13,800,000

Total income = 17% of Total assets

                      = 0.17 × $13,800,000

                      = $2,346,000

Total sales = Market price × Production volume

                  = $34 per unit × 602,000 units

                  = $20,468,000

Target full product cost in total for the year:

= Total sales - Total income

= $20,468,000 - $2,346,000

= $18,122,000

Target full product cost per​ unit = \frac{Target\ full\ product\ cost}{Production\ volume}

                                                      = \frac{18,122,000}{602,000}

                                                      = $30.10 per unit

4 0
3 years ago
Like any effective salesperson, Frazer walks into a customer's office, shakes hands, looks the customer in the eye, and smiles.
alukav5142 [94]

Answer:

Option C                                

Explanation:

Frazer should immediately start making the base for the deal with the customer, therefrom, he should determine which price tom quote as the price plays the most important role in every deal. All other factors such as presence of time and selection of products are usually pre- determined by an effective sales man during the preview of the customer in the initial research.

6 0
3 years ago
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