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neonofarm [45]
4 years ago
5

In the restaurant industry, a large number of restaurants cater to similar customer needs. However, each restaurant makes its pr

oduct unique by offering a different cuisine, a different ambience, organic ingredients, or different services like home delivery. This differentiation allows each restaurant to set its own prices. Thus, the restaurant industry best illustrates a(n) _________
Business
1 answer:
netineya [11]4 years ago
6 0

Answer: Monopolistically competitive structure.

Explanation:

The restaurant industry as described in the question is a Monopolistically competitive structure. In the Monopolistically competitive structure different businesses offer a similar product for sale and they try to make their products unique and can set their prices without considering the price set by their competitors. The Monopolistically competitive structure is difficult market for new businesses to break into.

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Will a bachelor’s degree is marketing or a related field is often necessary to obtain an entry-level marketing position. Having strategic management and marketing strategies and also quantitative analysis and digital marketing and consumer behavior
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The Thompsons decided to beautify their home by investing in landscaping. In the process, they dealt with employees from various
PolarNik [594]

Answer:

inputs

Explanation:

From a systems perspective, all the employees required to perform a service are considered inputs. Three factors of production are considered inputs: labor, land and capital. In the case of the landscaping company, it needs employees, materials, equipment, office facilities, etc.

All the different employees: sales representative, designer, supervisors, landscapers, billing personnel, etc. are human labor.

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3 years ago
Which quality management concept must be well-defined at the beginning of the project to help avoid rework and schedule delays?
sammy [17]

The quality management concept which must be well-defined at the beginning of the project to help avoid rework and schedule delays is requirements.

<h3>Requirements management</h3>

  • Requirements management and quality management go hand in hand. Clear, well-defined requirements lead to less rework and schedule delays.

In conclusion, we can conclude that the correct answer is requirements management.

learn more about Requirements management from here: brainly.com/question/4008023

3 0
2 years ago
A market researcher focuses on the psychological process, including thoughts, feelings, and behavior that people experience once
natta225 [31]

Answer: Consumer behavior

Explanation: Consumer behavior is a set of value-seeking activities that the researcher examines how feelings, behaviors, and thoughts influence purchasing behavior. It involves all the activities connected to the purchasing, usage, and resale of commodities and services including the emotional, mental and other reactions that come before or after all that was accomplished.

The researcher studies the impacts on the buyers which might be from either their colleagues and household or any group in the society.

3 0
4 years ago
Front range cabinet distributors in colorado springs, colorado, sells to its contractors with a 42% markup on cost. if the selli
Katena32 [7]

This is a simple algebra problem.

To determine price, you need to Have the cost of the product plus the markup equals the sales price.

We know the sales price and the markup, so we need to solve for the cost.

9,655= 1.42(x)

X=9,655/1.42

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4 years ago
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