Sarah has recently started a restaurant in a commercial area where there are many other established restaurants and popular fast food chains. Sarah owns the plot on which her restaurant is located and this makes her cost of operations lower than the competitors. This factor allows her to offer her products at a competitive price. Sarah has also invested a huge amount on the interiors of the restaurant and in equipping the kitchen with the latest appliances used by her competitors. In this scenario, which of the following is the most valuable resource for Sarah's business? A. The investments made by Sarah on the restaurant's interiors
B. The latest kitchen equipment that is at par with the restaurant's competitors
C. The restaurant's late entry into the market
D. The land owned by Sarah, which reduces cost of operations
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Sarah has recently started a restaurant in a commercial area where there are many other established restaurants and popular fast food ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
5. Free-trade benefits In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of international trade.
Answers (1)
Which specific type of website allows users to voice their opinions on all kinds of products and services across every segment of the Internet market? a Review sites b. Social bookmarking sites c Location-based social networking sites d.
Answers (1)
A 10% rise consumer income results in a 4% decrease in the quantity demanded for pasta. the income elasticity of demand for pasta is
Answers (1)
Consider a completely randomized experiment in which a control group is given a placebo for congestion relief and a treatment group is given a new drug for congestion relief. describe a double-blind procedure for this experiment.
Answers (1)
Serves the needs of citizens is a characteristic of which market structure?
Answers (1)
New Questions in Business
Swift Company manufactures two different bicycle models. Swift produces a high volume of products using standardized production runs and does very little product customization. Swift uses what type of technology structure?
Answers (1)
Select the item that can be answered by using knowledge. 1. A transaction's order date, amount sold, and quantity ordered 2. Taking into account external reasons for the recent underperformance of a good salesperson 3.
Answers (1)
This type of drug speeds up, increases, or heightens bodily functions.
Answers (1)
Hubert is a veteran of the First Gulf War. What could be a reason for him to seek a VA loan?
Answers (1)
A soft drink advertiser decides to run banner ads to attract teenagers to its interactive home page. its agency places these ads on websites related to teen magazines, action gaming, and extreme sports to:
Answers (1)