Beach Grub is a chain of "fast casual" restaurants that sells its menu items at higher prices than its competitors. Yet, the restaurant has a large customer base due to its wide product portfolio and superior customer service. Which of the following generic business strategies has Beach Grub adopted in this scenario?
A. Differentiation
B. Market Penetration
C. Product Diversification
D. Cost-Leadership
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Beach Grub is a chain of "fast casual" restaurants that sells its menu items at higher prices than its competitors. Yet, the restaurant has ...” 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
Sanders Corporation has the following shares outstanding: 7,000 shares of $50 par value, six percent preferred stock and 45,000 shares of $1 par value common stock. The company has $328,000 of retained earnings.
Answers (1)
Which federal agency is responsible for maintaining navigable waters in the u. s.? u. s. environmental protection agency national water management agency federal emergency management agency corps of engineers federal highway administration?
Answers (1)
It is so important to chris to appear successful to others that he begins stealing goods from the warehouse where he works and reselling them to obtain money. this is an example of
Answers (1)
It costs Mills, Inc. $12 per unit to manufacture 2,000 units per month of a product that it can sell for $36 each. Alternatively, Mills could process the units further into a more complex product, which would cost an additional $22 per unit.
Answers (1)
A difference between Maslow's need hierarchy and Alderfer's ERG theory is that A. ERG theory states that various needs operate simultaneously B. Maslow's hierarchy has more scientific validity C.
Answers (1)
New Questions in Business
On July 1st, Harding Construction purchases a bulldozer for $228,000. The equipment has a 8 year life with a residual value of $16,000. Harding uses straight-line depreciation.
Answers (1)
Which of the following refers to the costs of production that fluctuate depending on the number of units produced? A. Total cost B. Contribution per unit C. Markup D. Variable cost E. Fixed cost
Answers (1)
Your assistant wants to use secondary data exclusively for the current research project. You advise him that the use of secondary data has some potential problems. Which of the following is NOT one of them? A) It may not exist.
Answers (1)
Emma is babysitting Laura's children. Emma turns on the stove to make dinner, but a flame shoots out and burns Emma's hand. Later, Laura realizes she forgot to tell Emma not to turn on the stove. Which type of insurance is needed?
Answers (1)
The next dividend payment by Skippy, Inc., will be $1.56 per share. The dividends are anticipated to maintain a growth rate of 4 percent, forever. The stock currently sells for $29 per share. What is the required return
Answers (1)