All categories

3 years ago

How does panera bread attract customers? why do customers not mind paying more for panera bread's food?

Business

2 answers:

ahrayia [7]3 years ago

5 0

Explanation:

Panera Bread is an American Bakery and cafe store which serves the bakery items, fast food items, and casual restaurant foods to its customers. It has more than two thousand branches in America and Canada. The good, clean warm food attracts thousands of customers to its different branches on daily basis. The environment is so welcoming and pleasant that people are more attracted towards them. Besides these things, they also have a very competitive marketing strategies like making big budget commercials, displaying hoardings, billboards and the use of celebrities to attract the vast pool of people to their stores. Due to such factors, people are usually ready to pay more for the Panera bread's food. The itself is no doubt delicious, plus the environment of the cafe makes it more attractive for the customers.

tigry1 [53]3 years ago

4 0

I think it's that their commercials attact people with their food and the famous people using the food to hype it

You might be interested in

what term is used to describe the approach taken by companies such as magicleap.com where physical and digital objects are able

timofeeve [1]

The technological approach which enables the coexistence of digital and physical objects using immersive technology is a middle ground between Augmented and virtual reality called MIXED REALITY.

Augmented reality technology is capable of producing a real world representation of physical world using 3D representation.

Virtual reality on the other hand creates a visual experience of a computer simulated digital environment. Virtual reality usually requires the use of headset and sensors.

Mixed reality technology is inbetween virtual and Augmented reality as it allows the interaction between virtual and physical objects in real time. Applications of mixed reality the DAQRI smart helmet which allows communication and collaboration between teams in field such as Engineering and Architecture.

Therefore, mixed reality allows the coexistence of the virtual and physical world on real time.

Learn more :brainly.com/question/22621708?referrer=searchResults

8 0

2 years ago

El Tapitio purchased restaurant furniture on September 1, 2021, for $45,000. Residual value at the end of an estimated 10-year s

muminat

Answer:

$1,300 and $3,900

Explanation:

The computation of the depreciation expense for the year 2021 and 2022 using the straight line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($45,000 - $6,000) ÷ (10 years)

= ($39,000) ÷ (10 years)

= $3,900

In this method, the depreciation is same for all the remaining useful life

For the year 2021, it is

= $3,900 × 4 months ÷ 12 months

= $1,300

The four months are taken from Sep 1 to Dec 31

And, for the year 2022, it is $3,900

4 0

3 years ago

Stylist Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been

docker41 [41]

Answer:

Date General Journal Debit ($) Credit ($)

July 31 Fees Earned 520,400

Wages Expense 488,000

Rent Expense 65,000

Supplies Expense 11,200

Miscellaneous Expense 13,900

Marlena Fenton, Capital (57,700)

(To close Revenue and Expense accounts)

July 31 Marlena Fenton, Capital 11,000

Marlena Fenton, Drawing 11,000

Explanation:

Marlena Fenton, Capital = $880,000

Marlena Fenton, Drawing = $11,000

Fees Earned = $520,400

Wages Expense = $488,000

Rent Expense = $65,000

Supplies Expense = $11,200

Miscellaneous Expense = $13,900

Marlena Fenton, Capital = $520,400 -($488,000 + $65,000 + $11,200 + $13,900) = ($ 57,700)

7 0

3 years ago

Use the information for Geiberger Corporation from BE21.12, except assume the collectibility of the rentals is not probable. Pre

Vikentia [17]

Answer:

Date Account title Debit Credit

12/31/2019 Lease Receivable $175,934

Cost of Goods sold $120,000

Sales Revenue $175,934

Inventory $120,000

Date Account title Debit Credit

12/31/2019 Cash $40,800

Deposit Liability $40,800

The rental amount is constant and is made on the first day of the lease period so this is an annuity due.

As the collectability is probable, you need to find the present value of this lease:

= 40,800 * Present value of annuity due factor, 5 year, 8%

= 40,800 * 4.3121

= $175,933.68

= $175,934

7 0

3 years ago

Which of the following is contracting of noncore operations or jobs from internal production within a business to an external en

AURORKA [14]

Answer:

Option A

Explanation:

The correct answer is Option A

Outsourcing is the process of hiring the party from outside to perform certain services and goods which is not being produced by the in house company.

Outsourcing activity includes supply chain management, resource management, customer support, finance, marketing, etc.

So, Contracting noncore operations job is to an external entity is known as Outsourcing.

8 0

3 years ago