The Andrews family is in the process of hiring a five-star chef who can cook a variety of food to meet customers’ tastes and wants (top quality). In addition, the restaurant is designed to provide complete privacy to customers. Therefore, tables ought to be separated by no less than 5 feet. Using Chapter 2 and the assigned videos as your theoretical foundations, please answer the following question. What production process should the restaurant choose? Explain your answer. In contrast to the Andrews family restaurant, the Sweet family restaurant sells burgers, burritos, and hotdogs. The restaurant relies on high school students to cook food, and customers cannot customize their food choices. The Sweet family restaurant sells 2000 burgers per restaurant each day. The average costs of burgers, burritos, and hot dogs are $2, $3, and $0.50, respectively. Using Chapters 1 and 2 as your theoretical foundations, please answer the following question: What are the Sweet family restaurant’s competitive priorities? Explain your answer. (Please recall what you have learned from Module 1. Consider the examples of competitive priorities in Table 1.3 in Chapter 1) Prices are comparable to its competitors offering generic burgers. Last week, Mr. Sweet said to his son that he is planning to open a new restaurant in the Youngstown Areas and offer customized burgers, burritos, and hotdogs to meet customers' tastes and make more profits. Also, he is not planning to charge more money for burgers, burritos, and hotdogs. Using Chapters 1 and 2 as your theoretical foundations, please answer the following questions. Can Mr. Sweet make more money by offering customized products at a low cost? Can he achieve this goal? Explain your answer.
The Andrews family is in the process of hiring a five-star chef who can cook a variety of food to meet customers’ tastes and wants (top quality). In addition, the restaurant is designed to provide complete privacy to customers. Therefore, tables ought to be separated by no less than 5 feet. Using Chapter 2 and the assigned videos as your theoretical foundations, please answer the following question.
What production process should the restaurant choose? Explain your answer.
In contrast to the Andrews family restaurant, the Sweet family restaurant sells burgers, burritos, and hotdogs. The restaurant relies on high school students to cook food, and customers cannot customize their food choices. The Sweet family restaurant sells 2000 burgers per restaurant each day. The average costs of burgers, burritos, and hot dogs are $2, $3, and $0.50, respectively. Using Chapters 1 and 2 as your theoretical foundations, please answer the following question:
What are the Sweet family restaurant’s competitive priorities? Explain your answer. (Please recall what you have learned from Module 1. Consider the examples of competitive priorities in Table 1.3 in Chapter 1)
Prices are comparable to its competitors offering generic burgers. Last week, Mr. Sweet said to his son that he is planning to open a new restaurant in the Youngstown Areas and offer customized burgers, burritos, and hotdogs to meet customers' tastes and make more profits. Also, he is not planning to charge more money for burgers, burritos, and hotdogs. Using Chapters 1 and 2 as your theoretical foundations, please answer the following questions.
Can Mr. Sweet make more money by offering customized products at a low cost? Can he achieve this goal? Explain your answer.
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