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3 years ago

Restaurants, like other businesses, often find that the best way to succeed in the market is to:

2 answers:

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Restaurants, like other businesses, often find that the best way to succeed in the market is to follow their customer’s perception and be adaptive to the products that their customers need. The correct answer to the following given statement above is following their customers.

NISA [10]3 years ago

3 0

Answer:

Serve customers better than their competitors.

Explanation:

Just like every other kind of business, the best way for restaurants to succeed in the market is to serve their customers better than their competitors. Serving them better means delivering quality food or affordable or both, depending on their target market, to their customers which they can`t get elsewhere. Doing this will help them build a strong brand which customers will be endear to and willing to associate with. And for the fact that people take what they consume serious, serving customers with quality and affordable foods than the competitors is the surest way to success.

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Sonya makes it a practice to consult with her staff before making major decisions that affect the department. She believes it is

grandymaker [24]

The correct option is B. Participative leaders take steps to ensure that their employees take part in making decisions that affect the company. This type of leadership is especially effective when the employees have high degree of ability and when the decisions are personally relevant to them.

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3 years ago

The cost method that will yield an ending inventory value that is somewhere between possible high and low costs (prices) using t

o-na [289]

The weighted average cost of capital is the cost approach that will produce an ending inventory value that is in between probable high and low costs (prices) using classic costing methods.

The weighted average cost of capital is the average cost of attracting investors, whether bonds or shareholders.

The computation weights the cost of capital depending on the amount of debt and equity used by the firm, providing a clear barrier rate for internal initiatives or future acquisitions.

The weighted average inventory cost is one of the approaches used in inventory valuation. It is computed by dividing the cost of products for sale by the number of units for sale. i.e The cost of the items for sale and the quantity of units for sale. Because it is based on averages, the ending inventory value is generally somewhere between high and low cost.

To know more about weighted average cost of capital click here:

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8 0

2 years ago

Grain's alternative corporation has a predicted operating income of 80,000. The managerial accountant reported that total variab

dexar [7]

Answer:

Number of units needed to reach the operating income of 80,000: 5,200 units

Explanation:

Please find the below for detailed calculations and explanations:

To achieve $80,000 of operating income, denote the number of units needs to be sold is x.

For each unit sold, the incremental in profit will be 20.

Thus, to achieve the profit of 80,000, the amount of x units sold will generate the profit before fixed cost that covers 24,000 fixed cost and 80,000 targeted profit. So, we have:

80,000 + 24,000 = 20x <=> x = 5,200 units.

* For quick calculation purpose, we may apply the formular: Units need to be sold to achieve targeted income = (Fixed cost + targeted income)/ Contribution margin per unit in monetary form.

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3 years ago

Consider the market for economics textbooks. Explain whether the following events would cause an increase or a decrease in suppl

shtirl [24]

Answer:

a. The market price of editorial services increases. This will cause a(n)

C. decrease in supply.

Explanation:

The event that triggers the market price of editorial services to increase will also increase the quantity of editorial services offered, and increase the cost of economics textbooks. As a result, it decreases the quantity supplied. The producers or publishers of economics textbook may not be able to pass the increased cost to consumers. They may not even have the resources to publish more books with an increased cost of editorial services. It is only the editors who offer editorial services that will benefit from the market price increase, but only in the short-run.

4 0

3 years ago

In qualitative research, the interpretation of data and its analysis emerge at what point in the research process? a. during ini

MrRa [10]

Answer:

Option B.

Explanation:

Qualitative Research refers to a primarily exploratory research which is used in gaining an understanding about underlying reasons, opinions, and motivations. It is used in providing insights into the problem or helps to develop ideas or hypotheses for potential quantitative research.

The analysis of qualitative research notes begins while the account of the data is being taken, usually on the field, and at the time of observation, interviewing, or both. This is done as the researcher identifies problems and issues that will likely help in understanding the situation.

An important step in the analytic process can be by simply reading the notes or transcripts.

4 0

3 years ago