Considering the restaurant workplace

Assignment Help Business Economics
Reference no: EM131169550

Choose a fast food restaurant or chain and talked about the costs that the restaurant may have (1 page please), not as company. Just considering the restaurant workplace, include these three things:

1) Name of the business.

2) Name at least three fixed and three variable costs that you think. For each, explain why you think the costs is fixed or variable.

3) Consider the concept of operating risk…which can be summarized as human risk: it is the risk of business operations failing due to human error. Operational risk will change from industry to industry and is an important consideration to make when looking at potential investment decisions. Industries with lower human interaction are likely to have lower operational risk. Does the business you are thinking have a high degree of operating risk? How do you know? How might the company benefit from more operating leverage?

Reference no: EM131169550

Questions Cloud

Reasons for their occurrence and their social consequences : Discuss the factors contributing to movements along different points on the same supply curve, and the factors contributing to the supply curve shifting to the right or to the left of its original position. (Also, identify actual examples). Also, ref..
Research data related to an economic issue : For this assignment, you are required to research data related to an economic issue or situation relevant to your organization or a business organization in general. Use the Bureau of Economic Analysis website to choose data for this assignment. disc..
How does the existence of low cost domestic : In many poor countries even middle class families may have full time servants, a luxury reserved for the very wealthiest households in rich countries like the U.S. How does the existence of low cost domestic help affect PPP-adjusted GDP statistics in..
Capture changes in the overall price level automatically : If we want to look at changes in the cost of living, why don't we track differences in each households actual expenditures from one year to the next, rather than a market basket? Offer several reasons why this method would fail to capture changes in ..
Considering the restaurant workplace : Choose a fast food restaurant or chain and talked about the costs that the restaurant may have (1 page please), not as company. Just considering the restaurant workplace, include these three things:
Economy starting at the long run equilibrium : First, draw the AD, SRAS, LRAS diagram for the U.S. economy starting at the long run equilibrium. Label your graph thoroughly. Second, show on your diagram what happens to the U.S. economy when the U.S. government lowers income taxes across the board..
Why are countries pushing to sign regional integration blocs : Will countries be better off under a multilateral economic liberalization regime or under a system of regional economic integration? Why? How useful is economic geography in explaining the success of regional economic integration blocs? Give examples..
Discuss which of these the fed exercises control over : Explain briefly how a change to the following MS, MD, or P (ceteris paribus) would shift the LM function to the right. Include in your discussion whether the variable would have to increase or decrease to cause the rightward LM shift. Discuss which o..
What can management do to fight this discrimination : There have been many media reports regarding the rise of discrimination against Arab-Americans in the United States since the 9/11 Terrorist Attacks. What can management do to fight this discrimination, and what must organizations do by law to fight ..

Reviews

Write a Review

Business Economics Questions & Answers

  Small airline recently sold to a private equity group

A small airline recently sold to a private equity group for $145 million. The airline has earned profits of $9 million last year. The new managers believe they can grow profits at 5% per year. The private equity group borrows money from wealthy indiv..

  Find the predicted compensation with the productivity

Find the predicted compensation with the productivity of 100. What is the residual for the observation of the base year, 1992?

  Red points to the correct coordinates of price and quantity

This year is expected to be a great one for selling walking shoes in Georgia. At very low prices, only the most efficient shoemakers are able to sell. There are two shoe producers that operate with the most cost-effective equipment and skilled person..

  Income to the poor familys income before tax and after tax

Rich family before tax 500,000. tax rate 30%. middle class before tax 50000. 20% tax rate. poor family 20000. 2% tax rate. what is the ratio of rich's family's income to the poor family's income before tax and after tax? is this tax progressive?

  Output is produced according

Output is produced according to Q = 4LK, where L is the quantity of labor input and K is the quantity of capital input. If the price of K is $10 and the price of L is $5, then the cost minimizing combination of K and L capable of producing 32 units o..

  Draw hypothetical supply curve for long-stem roses

Draw a hypothetical supply curve for long-stem roses on Valentine’s Day. Label your graph completely. The price of a dozen long-stem roses on Valentine’s Day often tops $80, while on any other day the price is closer to $50. Of course, many more rose..

  Explain why most market labor supply curves slope

Explain why most market labor supply curves slope upward and to the right, even though individual labor supply curves are presumed to be backward-bending. How does the height of a market labor supply curve relate to the concept of opportunity cost?

  The report attributed the strength of the recovery

The report attributed the strength of the recovery during the first three months of this year to increased consumer spending and residential construction, as well as a reduced rate of inventory liquidation.”

  Q1 elucidate relationship among production curves average

q1. elucidate relationship among production curves average product and marginal product also cost curves average

  Majority of schools of medicine-dentistry-nursing

The majority of schools of medicine, dentistry, nursing, and other professions and their teaching hospitals are heavily subsidized by federal and state funds. Do health care providers who reap the benefits of high compensation and social position hav..

  Change in compensation is the reason for increased profits

Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $60,000 and her store made $130,000 in profits (not counting payment to her top manager). She suspected t..

  Factors that will allow them to increase their added value

What are the factors that will allow them to increase their added value in this type of competitive environment.

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!

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