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Romashka-Z-Leto [24]
2 years ago
5

Many fast-food restaurant chains like McDonald's will occasionally discontinue restaurants. What are some financial and non-fina

ncial considerations in deciding to eliminate an individual store?
Business
1 answer:
zloy xaker [14]2 years ago
3 0

Answer:

Big chain restaurant industry is a profitable industry with many players to compete. It is facing slow growth in terms of increase of profits and thus most players are looking for international expansion. The domestic consumers have drifted away from the fast food restaurants and they are looking for variety and healthy options for eating out. The profit margins have been low as compared to the fine dining restaurant and thus they depend upon volume of sales rather than value of sales for making profits . There is an increased competition from many international cuisines especially Mexican and Chinese along with...

Explanation:

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