Answer:
The answer to the question are listed in the explanation section below
Explanation:
T<em>he following number of question is explained below:</em>
- <em> A thousands of restaurants use open table to allow their online bookings capability which is a right choice as open table is a well respected and as well large international company in the industry.
</em>
- <em>Restaurants have moved from open table to the competition, for the following reasons such as retain customers,first class technology., comparable online booking, save money.</em>
- <em>Open table now has a real competition in the form of Eveve, which allows line reservation system for restaurants.
</em>
- <em>
SAAS model: Software as a service (POS) system. restaurant owners find it attractive because of the loud based solution,Lower initial and maintenance costs,easy upgrades, and lower learning curve</em>
<em>
</em>
<em />
Answer:
B. telemarketing
Explanation:
In the telemarketing, the company or an individual is directly in contact with its customer with respect to the product over the phone call so that they could aware of the product
In this, the face to face interaction is not done
Therefore as per the given situation, the option B is correct as in this met the criteria.
Answer:
Sales Revenue – Cost of Goods Sold = gross profit
Explanation:
In order to determine the income statement components, the following component is shown
Gross profit = Sales revenue - the cost of goods sold
where,
Sales revenue represents the sales of the business organization
And, the cost of goods sold would be
= Opening inventory + Purchase - ending inventory
By deducting the cost of goods sold from the sales revenue the gross profit can arrive
Answer: True
Explanation:
Marginal benefit is the maximum amount that a consumer will be willing to pay for an extra product. It should be known that as consumption rises, the marginal benefit starts reducing.
The marginal cost is the extra cost that a producer incurs when an extra unit of a product is made. Economic decisions made by economic agents are typically based on marginal as it'll be possible to know the impact of an extra decision made on a variable.
Therefore, it is better to evaluate economic decisions at the marginal, where the decision has to be made as long as its marginal benefit exceeds its marginal cost, if not equal to its marginal cost.
