Given the logos of food chains existing here in Bataan, try to analyze their costand quality, and place them in their corresponding quadrant in the cost-quality axis.Just decide based on your opinion. For example, you think that Bon Chon has lowcost and with high quality you should put it in quadrant 3 as shown below.Cost-Quality Axis:HIGH COSTMCDonaids2. THE DEANERYHIGHLOWQUALITYQUALITYKUYA J4. Jollibee.LOW COSTCkT.G.LMax'sFRIDAYS8. Chowking9.STAURANTgreenwich7.5.6.3.

First let us see the cost - quality axis this is basically a positioning process for company,…

Answered: Given the logos of food chains existing…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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43) An organization can reduce the risk of being dependent on a single product by? a) Diversifying b) Divesting c) Innovating d) Capitalizing
magine you are a consultant hired to advise the Board of Directors about an innovative development that can lead the company to either sell a new product or enter a new market for an existing product. The company is a chicken farm that exports eggs 1. give an overview of the new product idea or new market. There must be a rationale/justification for, the product/service/ new market, This must be clearly described and a unique value proposition should also be included here.
Maja Blanca is a gelatin-like Filipino dessert made mostly from coconut milk. It is also known as coconut pudding and is commonly served at fiestas and during the holidays, particularly at Christmas. In the given case the Maja Blanca is not just an ordinary food desert it is also a veggie dessert. The product offers delicious food that will suit the taste of everyone and especially kids who are not vegetable lovers. The company has innovated the ordinary Maja Blanca by adding vegetable squash that serves as the base. The purpose of this product is to provide healthier food options for customers. What are the possible goal and aspiration in this product?
what are the fears, needs and wants of a customer when selecting a 3 PL company?
Identify the erroneous term in each item and write the correct word/phrase to revise the statement. "‘McDonaldization’ of goods and services which was popularized by the Western culture led to the heterogeneity of cultures."
Define an industry segment. Demonstrate how KPIs and percent changes are calculated when it comes to industry segments. Briefly explain how US industry data is “modeled.” When will different types of industry data not appear on a STAR report?
Find the factor for a 32% food cost. Next, price a menu item with a Food Cost (FC) of $7.85.
There are so many products on the market that producers are always coming up with new ways to improve them so that customers keep coming back. Find a non-food item and think about how to improve it. Explain how the new features of the new product work.
Give 5 examples of food products that can be innovate and explain why. Example: coffee shop that serves coffee and bread, then after it has a library in the coffee shop
When the primary selection criteria a firm uses to decide whether or not to enter a new market segment centers around not having to develop a whole new set of products to meet the needs of that new segment, the firm would be referring to: Compatibility with the firms existing product A line. The ability of the new segment to afford its В product. The anticipated growth potential of the new segment The potential responsiveness of the the new D segment.
You see an opportunity to start a business on a popular tourist beach. You decide to open a small shop nearby and sell items to tourists. Which combination of items makes the most sense to sell? Select one: a. Tents, coolers, hammers, plywood b. Sunscreen, swimsuits, disposable cameras, sunglasses c. Sandals, cement mix, rope, chairs d. Raincoat, fur coat, shovel, tables
Read the following article. It discusses the critical marketing difference between features and benefits of a product. https://www.entrepreneurship.org/articles/2007/01/productservice-features-and-benefits 1. In your own words, describe the difference between a feature of a product and the benefit which a customer gets from a product. 2. Considering paint used by a homeowner: 1. Please describe 4 paint features you have found from looking at paint websites. 2. Please describe three benefits which are delivered by one of, or a combination of the features you described.

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