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bonufazy [111]
3 years ago
11

A local family-run Greek restaurant has been a part of the community for twenty years. Their mission is to provide local, fresh,

healthy, nutritious, and great-tasting food at reasonable prices in a clean, friendly, convenient environment. Their son studied business in college. When he returned to run the restaurant, he wanted to make the business more community-minded and environmentally responsible. What are some additions that could be implemented which are aligned with this company’s values?
Business
1 answer:
Furkat [3]3 years ago
8 0

The correct answer to this open question is the following.

Although there are not options provided, we can say that some additions that could be implemented which are aligned with this company’s values are the inclusion on the menu of organic food, vegan food, and kosher products so all kinds of customers can find a good option in the restaurant.

Another important thing is the way to market and communicate their innovations to consumers. In college, the son should have learned that the way a restaurant markets its products and services is as important as the kinds of food it offers.

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If the estimated price elasticity of demand for foreign travel is 4:
kenny6666 [7]

Answer:

b. a 20% decrease in the price of foreign travel will increase the quantity demanded by 80%. 

Explanation:

A price elascitiy of 4 means demand is elastic. Price elasticity greater than 1 indicates demand is elastic.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elastic demand is when a change in price leads to a change in quantity demanded.

If price increases and demand is price elastic, the quantity demanded falls.

If price falls and demand is price elastic, the quantity demanded rises.

If price elasticity is 4, 20% decrease in the price of foreign travel will increase the quantity demanded by 80%. 

Inelastic demand is when price elasticitiy is less than 1.

I hope my answer helps you

7 0
3 years ago
Renata and Danuta would like to form a business providing take-out meals to homebound destitute residents of Las Vegas. The meal
SOVA2 [1]

Answer: Non profit Corporation

Explanation:

The best form of business Renata and Danuta could adopt is a nonprofit corporation. It should be noted that a nonprofit corporation is a corporation that is being formed for educational, charitable, religious, or scientific purpose.

Since Renata and Danuta would like to form a business providing take-out meals to homebound destitute, this is a charitable purpose. A non-profit corporation can be a charity, research institute, organization, a church, school, volunteer services organization, etc.

3 0
3 years ago
etaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Cal
luda_lava [24]

Answer:

Equivalent units of production= 3,520

Explanation:

Giving the following information:

Ending inventory of Work in Process (80% complete) 400 units

Total units started during the year 3,200 units

<u>To calculate the equivalent units using the weighted-average method, we need to use the following formula:</u>

<u></u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 3,200 + (400*0.8)

Equivalent units of production= 3,520

8 0
3 years ago
There are two general types of franchises: product-distribution and __________ franchises.
givi [52]

There are two general types of franchises: product-distribution and business format franchises.

7 0
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Studies show that Multiple Choice the more independent the central bank, the lower the average annual rate of inflation. the mor
Nostrana [21]

Answer:

Hmmm?

Explanation:

5 0
3 years ago
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