Answer:
c. make an accurate diagnosis of what is causing the problem
Explanation:
The manager of the fast-food restaurant should understand the underlying problem first. Working on the assumption that it's because of a competitor marketing campaign may not give the desired results. A customer's preference may change due to many reasons.
The manager should make an accurate diagnosis of the problem first. With a precise reason as to why customers as fleeing, then he can develop a counter-strategy. Retaining the current member of the crew will not reverse the situation. Reducing prices may affect profitability, which is not the desired result. With low prices, some customers may question the quality of the breakfast.
Answer:
Implementation of Idea (DO)
Explanation:
According to PDCA the first phase is the planning and the next one is doing that what we have planned. The third one is Check which means continuously monitoring the execution of the plan. And the last one is Act which means that the control must be emphasized on the execution to correct the discrepancies found.
The Company has completed the first phase and is recommended to complete the second one which is that the company must do whatever it has planned for the better future of company.
Business incubators assist established companies attempting to generate foreign sales. This statement is false.
<h3>What is Business?</h3>
- The practice of earning a living or generating revenue via the production, acquisition, and sale of items is known as business (such as goods and services).
- Additionally, it includes "any activity or enterprise undertaken for profit."
- The owner of the business is responsible and liable for any obligations made by the business since the business entity is not legally distinguished from the owner by the use of a business name.
<h3>What do you mean by the company?</h3>
- A corporation, often known as co., is a legal entity that stands for a group of people with a certain goal who are either natural, legal, or a combination of the two.
- Members of the company work together for a shared cause to accomplish clearly stated objectives.
- Companies come in many shapes, including voluntary associations, such as nonprofit organizations, for-profit companies, banks, and programs, or educational institutions, whose goal is to make a profit.
Learn more about Business here:
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Answer:
a. Price it at $250 and $300 and use a discrimination strategy to reach the two segments of the market
Explanation:
In order to maximize the revenue the price must be applied. But at the same time the first have to use the price discrimination strategy for reaching the two segments
So, The maximized revenue is
= (1,000,000 × 0.40 × $300 ) + (1,000000 × 0.60 × $250 )
= 120 million + 150 million
= $270 million
SO it would be lies in middle of $250 and $300
Hence, the first option is correct
Answer:
C. Farah wants to obtain her college degree in four years
A time bound goal has a specific, measurable time-frame within which a specific goal has to be achieved; it can also set as a specific target to be achieved at periodical intervals.
Amongst the options given, only option C has a specific, measurable and well-defined time frame within which a specific goal is set to realized.
Explanation:
