reviews affect restaurant demand? I investigate this question using a novel dataset combining reviews from the website Yelp.com and restaurant data from the Washington State Department of Revenue. Because Yelp prominently displays a restaurant ’s rounded average rating‚ I can identify the causal impact of Yelp ratings on demand with a regression discontinuity framework that exploits Yelp‟s rounding thresholds. I present three findings about the impact of consumer reviews on the restaurant industry: (1)
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PepsiCo should expand its restaurant business by pursuing the purchase of CARTS OF COLORADO‚ a $7 million manufacturer and merchandiser of mobile food carts and kiosks‚ and CALIFORNIA PIZZA KITCHEN‚ a $34 million restaurant chain in the casual dining segment. II. Analysis of the main problemPepsiCo has 3 main segments: soft drinks (35% of PepsiCo ’s sales and 39% of its operating profits in 1991)‚ snack foods (29% of PepsiCo ’s sales and 35% of its operating profits) and restaurants (36% of PepsiCo ’s
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‘Building Castles’ is a romance that follows the journey of Cynthia Starling as she trawls through her past romantic entanglements‚ trying to glean information about where she keeps going wrong in relationships. Reaching just over 12000 words‚ it’s a short story that tells the tale of the lengths a woman will go to‚ to get over a broken heart in the hopes of finding a happy ending and her very own fairy-tale. My very first idea sprung out at me from a line in a song by P!nk‚ “What about all the
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Contents Introduction 2 Description of the new venture 2 Product description 3 Market analysis and main rivals 3 Marketing strategies 4 Pricing 4 Advertising and other strategies 5 Sales analysis 5 Profitability 6 Conclusion 7 References 8 Appendixes 9 Appendix A 9 Introduction Every "entrepreneur‚ starting its activities should clearly understand the need for the future in the financial‚ material‚ labor and intellectual resources‚ their sources‚ and be able to accurately calculate the efficiency
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Restaurant Classifications When you go out to eat at different restaurants have you ever noticed each style of cuisine have distinct features about them? When you chose to dine at a Chinese restaurant you will always get a fortune cookie when you finish your meal and you have the option of eating with chopsticks. When dining at a Mexican restaurant you are always served tortilla chips to munch on before your actual meal and most of the time you don’t need silverware to eat. Last‚ but not
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Jennifer Reyes Racism and Sexism Paper 05/11/2012 Restaurant Racism Racism is the belief that one’s race is superior to another’s. With this belief people act accordingly and treat the inferior race unfairly. In the past this country has gone through their fair share of racist acts and laws. From slavery of African Americans to the Jim Crow laws‚ we as people have constantly placed labels on others to make ourselves superior. Although currently the level of racism has diminished greatly in
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Opening a restaurant takes time‚ patience and plenty of work. Deadlines must be met‚ and your efforts must be set towards meeting your budget and creative specifications. But with the right planning‚ getting everything done in a timely manner can be accomplished with minimum frustration. What should I know before opening a restaurant ? Since your first priorities will be to the building your business will be located in‚ and to the supplying of your restaurant‚ you need to work closely with your
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Description of a place We all have our favorite restaurant that we prefer to dine in. There is always that one restaurant that you will resort back to when you don’t feel like taking the risk of trying a new place out. Why is that? What kind of evaluations do you conduct on a restaurant when you dine? What factors lead you to believe a restaurant is perfect for you? I’m going to discuss some of these factors on one of my most frequently visited restaurants “The Olive Garden.” The Olive Garden is a franchise
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Underwater Restaurant This is a very unique kind of business establishment. It is different from the typical type of restaurants that usually offers different type of foods such as Chinese‚ French‚ Japanese and Pinoy Style. It is a restaurant underwater (not necessarily under sea water built in aquarium that sorrounds the whole restaurant will make it). The restaurant will offer delicious dishes but specialized in sea foods dishes. It perfectly suits for the people who are looking for a romantic
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Running a restaurant can be one of the most stressful jobs as well as the most fun and rewarding jobs. If the manager is a good leader with excellent leadership skills and has great followers the restaurant will be rewarded. If not the restaurant will plummet in sales and no one will be pleased. While developing a business. staff is important to running a successful restaurant‚ it is also essential that management focus on its public relations as well as its sales and marketing strategies.
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