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myrzilka [38]
3 years ago
15

Recently, a Domino's pizza franchise in southwest Ohio made the strategic decision to stay open for 24 hours a day. The manager,

Steve Martin, made this decision about a month ago in response to increased demand for Domino's pizza. Other Domino's franchise owners are now considering adopting a similar strategy. In this activity, you will categorize a set of statements regarding activities in the internal and external environments as they relate to Domino's pizza and a potential initiative of staying open 24 hours a day. These statements will identify either a strength, weakness, opportunity, or threat.
Strength:
___________________
___________________
Weakness:
___________________
___________________
Opportunity
___________________
___________________
Threat:
___________________
___________________
Staffing, Strong Brand Name, Late-Night Eating, Health, Inventory Management, Demand, Excellent Location, Competitors
Business
1 answer:
melamori03 [73]3 years ago
8 0

Answer:

Strength:

Further strengthening the brand name and will be able to capture the market share by staying open for 24 hours.

Increasing the efficiency of the franchise by selling additional products. (Sales to capital employed ratio)

Excellent location will add up value to the franchise which makes it more prior to the other pizza offering franchises.

Weakness

Staffing and inventory management would be required for the additional working hours and at night shifts the employees demand more for the services they offer.

Opportunity

There is additional demand for the products of the Domino's to sell the customers at night. Usually in the weekends, Americans go to bed late night.

Threats

We are promoting late night eating which is not good for health so this is threat to our brand image.

Their is the threat that the existing competitors must react to our offerings by lowering their cost or by increasing the quality of their offerings.

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vladimir2022 [97]

'You work as the inventory manager at a golf pro shop.' In this scenario, you are in the role of buyer. This is further explained below.

<h3>Who is a buyer?</h3>

Generally, a buyer is simply defined as one who purchases a product or service.

In conclusion, In a golf pro shop, you're the inventory manager.' You play the buyer in this scenario.

Read more about  buyer

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8 0
2 years ago
On January 2, 2020, Pina Inc. sells goods to Geo Company in exchange for a zero-interest-bearing note with face value of $9,800,
Nadusha1986 [10]

Answer:

a. See the journal entry below.

b. The amount of total revenue that should be recognized in 2020 is $9,800.

Explanation:

Note: There is slight error in the question as 2017 was erroneously mentioned. The year 2020 is therefore used throughout in answering this question.

a. Prepare the journal entry to record this transaction on January 2, 2020.

The following can first be calculated as follows:

Discount on Notes Receivable = Face value of the note - Fair value of the goods = $9,800 - $8,700 = $1,100

The journal entries will therefore look as follows:

<u>Date                    Particulars                           Debit ($)        Credit ($)    </u>

02 Jan 2020    Notes Receivable                     9,800

                         Sales Revenue                                                  8,700

                         Discount on Notes Receivable                         1,100

<u><em>                          (To record sales note receivable in exchange for sale.)   </em></u>

                         Cost of Goods Sold                  5,220

                         Inventory                                                          5,220

<u><em>                          (To record cost of goods sold.)                                       </em></u>

b. How much total revenue should be recognized in 2020?

This cam be calculated as follows:

Sales revenue = Fair value of the goods = $8,700

Interest revenue = Face value of the note - Fair value of the goods = $9,800 - $8,700 = $1,100

Total Revenue =  sales revenue + interest revenue = $8,700 + $1,100 = $9,800

Therefore, the amount of total revenue that should be recognized in 2020 is $9,800.

7 0
3 years ago
The Massoud Consulting Group reported net income of $1,382,000 for its fiscal year ended December 31, 2021. In addition, during
Soloha48 [4]

Answer: Check attachment

Explanation:

Kindly check the attachment.

Note that:

Foreign currency adjustment will be:

= $380000 × (1 - 25%)

= $380,000 × 75%

= $380,000 × 0.75

= $285,000

Loss on debt securities:

= $45000 × (1 - 25%)

= $45000 × 75%

= $45000 × 0.75

= $33750

5 0
3 years ago
In a market system, ____ distributes goods among consumers in accord with their tastes and preferences, using voluntary exchange
Viktor [21]

Answer:

The correct answer to the question: In a market system, ____ distributes goods among consumers in accord with their tastes and preferences, using voluntary exchange to determine who gets what, would be: C: A price system. From looking at the question in other sources, it seems that the answer choices of this one were incomplete, you are missing one, which was the correct choice. Price system is the correct choice in here.

Explanation:

This is the one system through which goods and services are accordingly distributed and offered to consumers, to meet their needs and demands. And it is also the system that allows voluntary exchange to determine how the produced goods and services are distributed.

4 0
4 years ago
Jenkins Company began business in June when stockholders invested $85,000 in the business, which in turn issued its common stock
mr_godi [17]

Answer:

Cash at the end of June 22000

Explanation:

Invested 85000

 

Purchase Building -43000

Inventory        -24000

Services                15000

Purchase supplies -7000

Utilities                  -4000

 

Cash at the end of June 22000

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4 years ago
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