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3 years ago

QUICKEST AND BEST ANSWER GETS A FOLLOW AND BRAINLIEST

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Back in 2015, McDonald’s was struggling. In Europe, sales were down 1.4% across the previous 6 years; 3.3% down in the US and almost 10% down across Africa and the Middle East. There were a myriad of challenges to overcome. Rising expectations of customer experience, new standards of convenience, weak in-store technology, a sprawling menu, a PR-bruised brand and questionable ingredients to name but a few.

McDonald’s are the original fast-food innovators; creating a level of standardisation that is quite frankly, remarkable. Buy a Big Mac in Beijing and it’ll taste the same as in Stratford-Upon Avon.

So when you’ve optimised product delivery, supply chain and flavour experience to such an incredible degree — how do you increase bottom line growth? It’s not going to come from making the Big Mac cheaper to produce — you’ve already turned those stones over (multiple times).

The answer of course, is to drive purchase frequency and increase margins through new products.
Numerous studies have shown that no matter what options are available, people tend to stick with the default options and choices they’ve made habitually. This is even more true when someone faces a broad selection of choices. We try to mitigate the risk of buyers remorse by sticking with the choices we know are ‘safe’.

McDonald’s has a uniquely pervasive presence in modern life with many of us having developed a pattern of ordering behaviour over the course of our lives (from Happy Meals to hangover cures). This creates a unique, and less cited, challenge for McDonald’s’ reinvention: how do you break people out of the default buying behaviours they’ve developed over decades?

In its simplest sense, the new format is designed to improve customer experience, which will in turn drive frequency and a shift in buying behaviour (for some) towards higher margin items. The most important shift in buying patterns is to drive reappraisal of the Signature range to make sure they maximise potential spend from those customers who can afford, and want, a more premium experience.
I hope this was helpful

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The McKnight Company expects sales in 2015 of 208 comma 000 units of serving trays. McKnight's beginning inventory for 2015 is

WARRIOR [948]

Answer:

units required to be produced 217,000

Explanation:

expected sales for the period 208,000

desired ending inventory 27,000

total units required 235,000

beginning units ( 18,000 )

units required to be produced 217,000

The company needs units to fullfil teir sales bdget and desired ending invenoty.

the beginning inventory already complete a portion of the requirement so is the difference what determinates the required units to be produced.

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3 years ago

Stockholders' equity:________A. Is equal to assets minus liabilities B. Represents the interest of the owners in the assets of a

marshall27 [118]

Answer:

D. All of the above

Explanation:

Stockholder equity is also known as shareholders' equity. The shareholder's equity is composed of their capital contribution plus the retained earnings. In the balance sheet, the value of shareholder equity equals assets minus liabilities.

Stockholder equity is the amount that shareholders will receive if the assets of a company are to be liquidated after liabilities have been settled. It is the shareholder interest in the company.

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2 years ago

The innovation paradox implies that consistency in products and services provokes a tension with the need for new products. This

arsen [322]

Answer: A. Stability and change

Explanation:

The innovation paradox implies that consistency in products and services provokes a tension with the need for new products. This results in a conflict between

A) stability and change.

B) structure and culture.

C) rewards and metrics.

D) stability and metrics

The paralysis that occurs between sticking to existing products and services (stability) and the need for the development of new ones (change) is a direct effect of the innovation paradox which states that the more a firm pays attention to innovation, the less likely it will be to be successful at innovation. In other words, consistency in products and services provokes a tension with the need for new products. While stability enables change in that it supplies security and consistency, reserved knowledge and skills and enables commitment and the provision of resources for a better realization and actualization of change, change enables a firm to set up a new state of stability through variable mechanisms (innovation) This serves to assist an organization in reaching new stable stages with higher efficiency.

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2 years ago

The demand curve that talero faces is identical to which of its other curves? check all that apply.

ANTONII [103]

It is the marginal revenue curve. Since a superbly focused firm faces a splendidly elastic demand curve to the market value, it can offer any amount it picks at this cost. This appears as the horizontal demand curve at the market price.Because all units delivered are sold at the market cost, the adjustment incomplete income that outcomes from a oneunit increment in the amount sold are equivalent to the cost. Hence, marginal revenue curve is the same as the company's request bend and plots as an even line at the market cost

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3 years ago

The board of directors of Benson Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock on July 15

Helga [31]

Answer:

D. Debit to Dividends Payable.

Explanation:

The first thing we have to keep in mind is that dividends are liabilities, that is, they represent cash outflows for the corporation. In the example, we can distinguish two moments: the declaration of a cash dividend and its effective distribution. Next, we will analyze them from an accounting point of view:

On July 15, 2014, Benson Company declared a cash dividend. In accounting terms, on that day the “Retained Earnings” account was debited. Remember that this account is the one that records the profits that the company has obtained to date. So, what was done was to subtract that part that is to be distributed among stockholders. This amount is then transferred to a current liability account called “Dividends Payable”. In this case, money was added, therefore, the account was credited.

On August 15 dividends were distributed. That day, the "Dividends Payable" account was debited, or, in other words, its money was discounted, because it is now in the hands of shareholders.

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3 years ago