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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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Does this big data approach work for all three Gap Inc.'s primary brands: Old Navy, Gap, and Banana Republic? Why or why not? Wh
Greeley [361]

Answer:

We feel that the big data approach is applicable for all three of Gap Inc.’s brands, although the biggest insights from the information collected will come from the brand that has the greatest product diversity. Banana Republic is Gap’s most targeted brand with its expensive price points, so designers already have a relatively good idea of what their customers are looking for. The target customer is upscale, predominantly female, and interested in a classic look. The variability in design for the brand is least among Gap’s, but still significant so the ability to assess the success  

of product offerings in real time is extremely valuable. Similar to the model used by Netflix, withonline shopping Gap does not have to rely on feedback from just the very few customers that choose to comment on and rate products that they purchase.With the introduction of “Product 3.0”, the trends seen at Banana Republic and the Gap were able to cascade down into the less expensive, family brand of Old Navy. This allowed for consumers of all income brackets to be touched. All brands had a clear vision with common ground, being more predictive and demand driven based on data analytics. This sharing of information benefits all of the brands by better streamlining products towards market trends. Since Old Navy and Gap have a greater number of SKU’s, they will have an even greater benefit from big data. But managing, purchasing and inventories for these companies is even more challenging, and having to deeply discount unsuccessful SKU’s can be unavoidable. But minimizing these unsuccessful products can be achieved through big data by analyzing how well a product performs before waiting to receive customer feedback. Gap can emulate fast fashion companies like Zara who keep production runs short, even shorter for unsuccessful runs, and create a sense of urgency from the customer without complicating the customer’s decision process with an inevitable sale

Explanation:

8 0
3 years ago
A supply chain management (SCM) system is an IT system that supports supply chain management activities by: a. helping decision
Evgen [1.6K]

Answer:

The correct answer is letter "B": automating the tracking of inventory and information among business processes and across companies .

Explanation:

Supply Chain Management (SCM) comprises all the steps companies take from gathering raw materials until the delivery of a final good to consumers. In the process, several resources are used such as Information Technology (IT) systems which allow measuring numerically materials, components, labor hand and hours, and the necessary resources for the manufacturing company given a period.

Besides, <em>IT systems are useful to keep track of the flow of the units being produced when they hit the warehouse shelves and when they leave the company for sale. This information is useful for the plant and its suppliers.</em>

3 0
4 years ago
Thompson Company’s ending cash balance is $950, before adjusting items. The only adjusting items were: $25 service charge NSF ch
user100 [1]

Answer:

What was Thompson Company’s unadjusted bank balance on the bank statement?

Bank Balance 1275

Explanation:

Ending cash balance 950

 

Service charge -25

NSF Check 200

Deposit is in transit -300

Oustandings checks 450

 

Bank Balance 1275

4 0
3 years ago
Create a minimum of 10 questions that you will ask your potential marketing client in order to be able to create and develop an
vitfil [10]

Answer:

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These are just examples. Hope this helps!

8 0
3 years ago
On June 30, 2020, Sarasota Company issued $3,340,000 face value of 14%, 20-year bonds at $3,842,540, a yield of 12%. Sarasota us
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Answer:

1) June 30, 2020, bonds are issued at a premium

Dr Cash 3,842,540

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Dr Interest expense 230,552.40

Dr Premium on bonds payable 3,247.60

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amortization of bond premium = ($3,842,540 x 6%) - $233,800 = -$3,247.60

3) June 30, 2021, second coupon payment

Dr Interest expense 230,357.54

Dr Premium on bonds payable 3,442.46

    Cr Cash 233,800

amortization of bond premium = ($3,839,292.40 x 6%) - $233,800 = -$3,442.46

4) December 31, 2021, third coupon payment

Dr Interest expense 230,151

Dr Premium on bonds payable 3,649

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amortization of bond premium = ($3,835,849.94 x 6%) - $233,800 = -$3,649

5 0
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