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iris [78.8K]
3 years ago
10

Demand for traditional fast-food providers such as McDonald's, Burger King, and Wendy's has been on a decline in recent years. C

onsumers have become more health conscious and demand has shifted to alternative restaurants like Subway, Chick-fil-A, and Chipotle. Attempts by McDonald's and Wendy's to steal customers from one another include frequent discounting tactics such as dollar menus. Such competitive actions are indicative of ________
Business
1 answer:
MrRissso [65]3 years ago
6 0

Answer: Cutthroat competition

Explanation:

The cutthroat competition is basically refers to the competitive action that is used for illustrating the various types of laws and regulations for the purpose of consumer protection and the law for the purpose of enforcement the given competitive action.

  According to the given scenario, the demand of the fast food are decline now a days as the customers are focuses on healthy diet and the demand are basically shifted towards towards to other alternatives.

Therefore, The given competitive action is basically indicating the cutthroat competition for the purpose of eliminating various types of things by using the destructive action.

 Therefore, Cutthroat competition is the correct answer.

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Which global enterprises employee used to work for the los angeles police department?
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3 years ago
Five hundred units of good x are currently bought and sold. The marginal buyer is willing to pay $40 for the 500th unit, and the
dimaraw [331]

Answer:

D : All options are correct

Explanation:

- The marginal buyer is the essence of demand curve while marginal seller is essence of supply curve.

- @ Q = 500 units,    Selling Price is set at SP = $35

- @ Q = 500 units,    Buying Price is set at BP = $40

- Since, SP ≠ BP our equilibrium price would be $ 37.5 assuming the price elasticity of demand and supply are equal. In any case the equilibrium price would lie in between [ 35 , 40 ] such that to prevent a shortage of units in near future.

- Moreover, if the seller decides to sell at price $35 then he must sell goods greater than 500 units to reach the equilibrium profits. However, it could also lead to excess of units or surplus.

- We see that from selling the goods at SP = $35 while the buyer is willing to pay BP = $40 for 500 goods, the seller would be under-profiting and would be earning $5*500 = $2,500 less than he would at equilibrium price of $40 and selling units greater than 500. Hence, 500 goods is not an efficient quantity of goods.

6 0
3 years ago
Which of the following is true about development? Group of answer choices It involves the movement, over generations, of the bul
leonid [27]

Answer: It involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries

Explanation:

Development involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries. Technology is also influenced by technological change.

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5 0
3 years ago
2. Below are mixed SWOT factors of KFC case study. Fill the chart to Identify each SWOT factor. (2points each)
Ludmilka [50]

Answer:

Strengths :

1. With over 15,000 establishments in 120 countries, KFC is an internationally recognized venue.

2. Alongside KFC, Taco Bell and Pizza Hut also share the same corporate owner brands. Brands have the influence, power, and resources to improve KFC as a restaurant.

3.  KFC became popular thanks to its good chicken

Weaknesses :

                                                             

1. Serving high-fat foods; considering how health-conscious the public is these days, greasy chicken is not going to cut it anymore.

2. KFC follows a franchise management system, meaning each one is individually managed. It is not uncommon for one KFC to have high reviews while another, just down the street, is collecting bad press.

Opportunities :

1. By maintaining the same price point with new menu options, KFC is positioned to enter a new market without sacrificing the beloved chicken-focused meals

2.      KFC is in the prime spot to dive into the vegetarian market. Adding new vegetarian options will improve the relationship between KFC and health-conscious and vegetarian consumers

3. Introduce new products fish and deals menu that will attract more customers.

Threats :

1. Increasing numbers of competitors.

2. Raw material prices are rising.

3 0
2 years ago
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