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balandron [24]
3 years ago
6

Brendan wanted to offer high-quality meals in his restaurant. His motto was "the best darn meat and potatoes for miles around."

The locals agreed that the food was good. They also agreed that if you decided to eat there, be prepared to wait. Food preparation and service were slow. Although Brendan's motto stated the business's competitive advantage, your accurate advice to Brendan would be
Multiple Choice

A) the challenge now must be to tackle the social entrepreneurial aspect of running a business.

B) service has become the number one consideration of customers; the restaurant must focus a little less on quality and a little more on service.

C) the winning competitive advantage is one that addresses quality and service.

D) the rule of thumb is to always stick to what you do best—if you're good at it, your customers will respond with loyalty.
Business
2 answers:
Genrish500 [490]3 years ago
3 0
C. I know it’s right. you finally got answer choices up
Delvig [45]3 years ago
3 0

C is my answer, hope it helps

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Last month, sellers of good Y took in $100 in total revenue on sales of 50 units of good Y. This month sellers of good Y raised
nekit [7.7K]

Answer:

Option c = They are Substitutes and have cross price elasticity of 1.67

Explanation:

Cross-Price Elasticity = <u>%change in Quantity demanded of  good X</u>

                                      %change in Price of good Y

% change in Quantity Demanded of good X = <u>Q2-Q1  </u> × 100

                                                                            (<u>Q1+Q2)</u>

                                                                                2

% change in Quantity Demanded of good X =<u> 40-20 </u> ×100

                                                                            <u>(20+40)</u>

                                                                                 2

% change in Quantity Demanded of good X = 66.67%

% change in price of good Y = <u>P2-P1</u> × 100

                                                  <u> ( P1+P2)</u>

                                                       2

Last month Total Revenue = $100

Total Units = 50

Last month Price / unit = 100/50 = $2

This Total Revenue $120

Total units 40

This monthPrice / unit = 120/40 = $3

% change in price of good Y=<u> 3 - 2     </u>× 100

                                                    <u>3+2</u>

                                                      2

% change in price of good Y =<u> 1   </u>× 100

                                                  2.5

% change in price of good Y = 40%

Cross-Price Elasticity =<u> 66.67</u>

                                        40

Cross- Price Elasticity = 1.67

Since its greater than 1 its Cross price elasticity of Substitute

also as the price of good y increased from $2 to $3 the quantity demanded of good x increased although its price remained constant which indicates its a substitute good as  people preferred buying good x instead of good y

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When other salespeople believe that a sales manager has valuable knowledge or skills in a given area, the sales manager is able
netineya [11]

Answer:

The correct answer is: expert power.

Explanation:

Expert power is power derived from the belief of workers that a manager or some other member of an organization has a high level of knowledge or some sort of unusual skills not acquired or displayed by other employees or coworkers of the company. This provides the skilled worker a certain influence at the moment of deciding workers of the same hierarchy.

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According to the law of supply, when the price of a good increase the quantity supplied is __________.
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Ans d

Explanation:

i believe

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How can surveys and questionnaires be used to gather data for informal reports?
zavuch27 [327]

Answer:

<em>Surveys and questionnaires allow you to collect data efficiently and economically from groups of people.</em>

Explanation:

<em>Surveys are research  often used to assess opinions, thoughts, and feelings of people towards a subject area or environment. it can either be limited or specific or they also can have more widespread goal which can be global.</em>

<em>Questionnaires is a set of questions written or printed with answer choices , devised for the purposes of  a statistical study or survey.</em>

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The company is gearing up for next year’s events and determining where to hold them. Customer feedback, logistics, and pricing o
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Answer:

team

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Using a <em>team </em>of employees for tasks that are cross-department  based is a better solution than letting each individual work on a task and just ask other departments for reference and help if needed. When working on important projects such as this one, the most efficient way is to put employees from the tackled departments into one team. This way, communication and collaboration is vastly improved.

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