Mini-CasePepe Pieman believes that pizza is a much more versatile meal than most people realize. As the national marketing manager for Pizza Pals, he has watched how consumers ate up barbecue pizza, Hawaiian pizza, Mexican pizza, and other new and unique combinations. His superiors, however, met his suggestions for other unusual pizzas with a negative response. Even some of his teammates laughed at his ideas. Pepe's confidence in his ability to understand the market has led him to focus on planning a business of his own. Pepe realizes that he will take a risk when he leaves his job with Pizza Pals and sets off on a new endeavor: Pepe's Pizzazzeria. Pepe is excited about the potential of profitably catering to the unmet desires of pizza consumers.As a former classmate of Pepe's at the
nearby university, you remind him what you both learned in your small business management class several years ago. What would you remind him?
A. Restaurants are probably the most difficult type of business to start up, due to the labor-intensive aspects of the business.
B. Restaurants are easy to start up and have great profit potential.
C. Restaurants are easy to start up, but difficult to keep going.
D. Experts believe that restaurants have a high profit potential, due the fact that there is not much direct competition.
Answer: C
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In considering the impact supply chains have on projects, ______.
A. the goal is to create a coordinated planning network that allows for the optimal acquisition of goods and services used in a project B. the goal is to create a coordinated planning network that allows for the highest acquisition costs of goods and services used in a project C. organizations seek to coordinate a planning network that allows for the highest warehousing costs of goods and services used in a project D. organizations seek to coordinate a planning network that allows for the highest ordering costs of goods and services used in a project
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A. claim deductions in tax liability computation. B. procure raw material in sufficient quantity for manufacturing processes. C. increase the coupon rate on bonds issued to investors. D. borrow long-term capital as well as the cost of such funds. E. exercise a call provision on its bonds.