User Account

All Pages

What is smashburgers pricing strategy

Assignment Help Operation Management
Reference no: EM131913683

Video title : Additional Pricing considerations Smashburger

View the video link below (attached). Tom Ryan, founder of Smashburger, explains how he exploited a gap in the hamburger market between the value-oriented fast food burger joint and the more time consuming sit-down restaurant.

Smashburger sells premium priced gourmet burgers in an inviting atmosphere with speedy service. A key challenge for Ryan was identifying the right balance between price and quality. Discuss the following,

- how does Smashburger's differentiation strategy allow them to charge premium prices?,

- what is Smashburger's pricing strategy? (discuss the balance betwen price and quality),

- and what challenges did Smashburger face in the latest recession of 2008?.

Post your response. Post your response. Your main response should be a minimum of 150 words and no more than 250 words.

You will also need to respond on at least two classmate's response.

Attachment:- Video link -smashburger.rar

Reference no: EM131913683

Questions Cloud

Do you feel insecure or lost without your cell phone : Do you feel insecure or lost without your cell phone? Does your car start with a remote, keyless entry device?
Compute the direct materials price and quantity variances : April's activities show usage of 832 liters to complete 196 units at a cost of $798.72. Compute the direct materials price and quantity variances
Describe the business situation : Describe the business situation, including the macro-environmental and micro-environmental conditions facing the organization.
Describe ethical guidelines and law governing practice : Describe ethical guidelines and law governing practice of mental health. Specific ethical guidelines and legal requirements of practice identified.
What is smashburgers pricing strategy : Smashburger sells premium priced gourmet burgers in an inviting atmosphere with speedy service.
What is the fair market value of the land : The note is due December 31, 2012 and interest is owed each December 31 at a rate of 6%. What is the fair market value of the land
What is g ending partner interest in partnership : G owns a 40% interest in a partnership, which had a basis of $25,000 at year end before distributions. What is G's ending partner interest in partnership
Discuss the impact of an expert testimony : It is important to understand the impact an expert testimony may have in the ultimate decision made by a court. In addition, it is helpful for practitioners.
What might be the biases affecting the relevant stakeholders : What are the ethical issues for the relevant primary and secondarystakeholders applying the "theoretical bases for making an ethical decision"?

Reviews

Write a Review

Operation Management Questions & Answers

  Direct and indirect approaches

Determine whether the direct or indirect approach would be advisable in organizing a report on the topic. Indicate your choice and provide a statement to explain your reason(s) for each choice. The monthly financial report prepared by the accounting ..

  Peripherals and network setup for their business

Explain the conditions, requirements, and factors that organizations need to consider when selecting the computer software, hardware, peripherals, and network setup for their business. Justify your rationale for considering those conditions, requirem..

  Determine your leadership style

Based on your readings and additional research on personality factors, determine your leadership style.

  Phases in the action observation model

Elaborate on how you might potentially use the phases in the Action Observation Model to support your leadership development plan.

  Determine whether or not the process is in control

Plot the points on each chart and determine whether or not the process is in control.

  How important is it to foster change within an organization

As a leader, how important is it to foster change within an organization?

  How does digital aidd communication

Organizational communication has been drastically changed by the introduction of modern technologies just in the last 10 years.

  Efforts to improve quality performance of your key suppliers

You have been asked to lead your organization's efforts to improve the quality performance of your key suppliers. Please provide an overview of your strategy to improve supplier quality.

  Create private virtual accounts managed by spirit electric

Create private ‘virtual’ accounts managed by Spirit Electric for all households. Which of these proposals is the most efficient for the city of Detroit?

  Develop a network representation of the problem

Develop a network representation of the problem.formulate the problem as linear program, with the optimal solution providing the hours each consultant should be scheduled for each client to maximize the consulting firm's billings. What is the sche..

  A if the goal is to maximize gains how many bags of each

a small candy shop is preparing for the holiday season. the owner must decide how many bags of deluxe and how many bags

  What are zara global strategies

What are Zara's global strategies? How does the global legal landscape alter, if any, the execution of Zara's global strategies

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd