For a small coffee cafe, which of the following is a nonvalue-adding activity?
A) Importing coffee beans
B) Purchasing ingredients
C) Accounting for materials and conversion costs
D) Operating the drive-through window
C
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The Internet is transferring power from suppliers to customers, especially in consumer markets
Indicate whether the statement is true or false
Give an example of a consultation element
What will be an ideal response?
Which of the following is an example of a controllable variable to an independent family-oriented shoe retailer?
a. consumer acceptance of the store's above-average pricing strategy b. development and implementation of a cheerful, friendly store atmosphere c. competition from a new family-oriented shoe chain with below-average pricing d. high seasonality during the week before school, at Easter, and before camp time periods
Which of the following is recommended when presenting your plan?
a. Give the best-case scenario for your business in order to attract others. b. Be conservative in your financial and market forecasts. c. Be certain that you can capture 30% to 40% of the targeted market. d. Be certain that you can overtake your main competitor within one year.