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A multi concept restaurant incorporates two or more restaurants, typically chains, under one roof. Sharing facilities reduces costs of both real estate and labor. The multi concept restaurants typically offer a limited menu, compared with full-sized, stand-alone restaurants. For example, KMAC operates a combination Kentucky Fried Chicken (KFC)/Taco Bell restaurant. The food preparation areas are separate, but orders are taken at shared point-of-sale (POS) stations.
If Taco Bell and KFC share facilities, they reduce fixed costs by 30%; however, sales in joint facilities are 20% lower than sales in two separate facilities. What do these numbers imply for the decision of when to open a shared facility versus two separate facilities?
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both McDonald's also Wal-Mart.
q.amazon instant video charges 4 per movie rental per day. if your demand curve for movie rentals is given by p 16-3q
You have been asked to estimate the cost today of a 2,500 ft2 parking lot. You research and find that parking lots have a power-sizing exponent of 0.55 and that your company built a similar 1,000 ft2 lot 5 yrs ago that cost $50,000. You also find tha..
When companies in oligopolistic industries announce a proposed merger, it is often met with resistance from antitrust authorities (such as the Federal Trade Commission (FTC) and the Department of Justice (DOJ) in the U.S.). In the U.S., we have seen ..
What is the challenge of organization in international business? Why do managers increasingly worry about it? What trends drive current change?
Inflation is a sustained rise in the average price level. An increase in aggregate demand can cause demand-pull inflation. A decrease in aggregate supply can cause cost-push inflation. Prior to World War II, both inflation and deflation were common, ..
A trend analysis for a farm business could be performed using what kind of data for comparison?
What term best describes the payment which must be offered to a risk-averse individual to willingly accept a gamble?
Average citizens are not concerned about the incidence and efficiency of taxes when they debate tax issues. They are concerned primarily about the fairness of the tax system. Economists have proposed two conflicting principles of fairness in any tax ..
Elucidate the nature of competition in a marketplace which is characterized by a high barrier to entry and a significant product homogeneity.
q. suppose that low-skilled workers employed in clearing woodland can each clear one acre per month if they are each
A comparison of two computer manufacturers found that by implementing improvements in its supply chain, one company was able to reduce its average supply of key components to only 3-6 days’ supply of inventory, as compared with their competitor, whic..
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