Service - correct answer A head chef conducts a survey of other restaurants in the area. The chef notices that most customer complaints primarily come
... [Show More] from takeout order being delayed. The chef believes that having a short-order cook dedicated to primarily come from takeout orders being delayed. The chef believes that having a short-order cook dedicated to primarily come from takeout orders being delayed. The chef believes that having a short-order cook dedicated to preparing carryout orders will make his restaurant the fastest and most dependable place for takeout customers.
By spending scare resources on hiring a short-order cook, what competitive advantage factor is the chef trying to achieve at his/her restaurant?
Personal Financial Insecurity - correct answer What is considered to be primary risk for an entrepreneur who is launching a start-up company?
Easier to finance a business purchase than a business start-up - correct answer What is a key benefit of buying an existing small business versus launching a start-up?
Hotels - correct answer A travel agent wants to start-up a new travel company. He pays a market research company to survey 100 frequent affluent vacation travelers about luxury travel options. The market research responses:
Which luxury travel service would contribute the most to the profitability of the start-up business?
A) Sending discount coupons to car owner who lives within 5 miles of the shop
B) Giving current customers a loyalty discount - correct answer A new auto mechanic business wants to grow revenues. What are marketing methods that promise to create new customers?
Pick the two best answer.
Providing 24 hour member access - correct answer A fitness trainer is presenting a business plan for a new studio to investors. The trainer envisions a studio with equipment and features that will meet the needs of customers with a variety of personal and work schedules.
What studio feature would appeal to customers with demanding schedules?
Investors do not earn a return (dividends or increased stock price) if the business does not make a profit - correct answer When entrepreneur convinces outside investors to contribute equity to the new venture, which is true?
Probable loss of current and future clients - correct answer Whats is a consequence for a real estate agent who violates confidentiality by discussing the client's personal income after work at a party?
First
Second
Third
Last - correct answer Identify the skills needed
Write the job profile
Post the advertisement
Review qualifications of applicants [Show Less]