How to increase profit in fast food restaurant

Reference no: EM13184817

Imagine you are a consultant hired to give advice to a fast food restaurant which is faced with employees asking for a 25% increase in pay. In order to give good advice, you need more information. Create three to four (3-4) questions that you would ask this restaurant owner in order to give good advice and give your rationale for asking them.

Reference no: EM13184817

Questions Cloud

What is the meaing of tit-for-tat in game theory : How did the 1971 law that banned cigarette advertising on television solve the prisoners' dilemma for cigarett producera (a)What is the meaing of tit-for-tat in game theory (b) What conditions are usually required for tit-for-tate strategy to be the ..

Who gets recognized for uncovering problems : The manager of a corporate division faces the possibility of an audit every year. She preferes to spend time preparing if she will be audited; otherwise, she would prefer to invest her time elsewhere. The auditor, who gets recognized for uncover..

Find all equilibria of the game : Two airlines, A and B, are deciding to choose whether Atlanta or Chicago should be their major hub. Given the diagram here, find all equilibria of this game. Airline A Atlanta..

Indicate the best strategy for each firm : Given the following payoff matrix, (a) indicate the best strategy for each firm. (b) Why is the entry-deterrent threat by firm A to lower the price not credible to firm B (c) What could firm A do to make its threat credible without building excess..

How to increase profit in fast food restaurant : Imagine you are a consultant hired to give advice to a fast food restaurant which is faced with employees asking for a 25% increase in pay. In order to give good advice, you need more information. Create three to four (3-4) questions that you woul..

Find the cournot solution algebraically : The equation QA= 1/2(12-Q)b) is the so called reation function of duopolist A in a COurnot model becasue given the value of Qb, Qa gives the best or profit-maximizing level of sales of oligopolist A. Show that this is the case with reference. Wha..

Based on the henderson-hassalbach equation find sum of tris : Based on the Henderson-Hassalbach equation how many mmols of Tris-HCl are there in a 100 mL of a 100 mM Tris-HCl buffer solution at pH 8.1? Note that the 100 mM refers to the sum of Tris and Tris-HCl concentrations. Answer in mmols

Why the factor are vital for success of construction project : The key factors that affect the success of international projects are: selecting the right projects, selecting the right parteners, providing an effective leadership Discuss why these factors are vital for the success of international construction pr..

What are technique employers can use to improve productivity : Most people are consumers, making demand decisions in product markets, and also workers, making supply decisions in resource markets. How do workers choose how much of their labor service they are willing to sell Is the quantity supplied likely to ..

User Account

All Pages