QUESTION 1 a. A downward-sloping demand curve shows in both graphs when the quantity at each price is doubled what it was. However‚ the curve in demand for pharmaceutical drugs is drawn with a relatively steep slope as inelastic products. Equilibrium price down-sloping along the demand curve while quantity in both market increased to some extent. b. In inelastic demand of pharmaceutical drugs‚ the percentage change in price is greater than the percentage change in quantity demanded. While in elastic
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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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Beverages * Sandwich and Merienda Favorites * Group Meals * Cakes (Aristocrat Bakeshop) * Parties and Catering Services * Kiddie Party Packages * Weddings and Debuts Packages III. Position in the Market * Top 15 Restaurants in Manila IV. Financial Performance * Statement of Financial Position * Income Statement * Horizontal Analysis * Vertical Analysis (Financial Ratios) * Liquidity Ratio * Stability/Leverage Ratios * Debt to
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crew is a perfect example of a team. It takes a combination of self driven employees and a strong manager to pull together a great crew. There are plenty positions and functions a crewmember of a restaurant could have. Three very important positions most people notice the crewmembers having at a restaurant are a manager‚ floor worker‚ or kitchen attendant. Waiters/waitresses‚ custodians‚ and busboys are all considered as the floor workers. The floor workers are usually men or women who seat‚ serve
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……………13 6. References…………………………………………………………………………..14 7. Appendices A. Bob’s Restaurants Operating Performance & Selected Balance Sheet Items‚ Fiscal Years 1997 – 2004…………………15 B. Bob’s Restaurants ratio calculations……………………………………….16 Financial Analysis: Bob’s Restaurants 1. Introduction In the following analytical report‚ the financial performance of Bob’s Restaurants is assessed. Operating Performance & Selected Sheet Items for the years of 1997-2004
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Restaurant Classification Restaurants are found throughout the United States as well as other countries. Restaurants are found in many different places such as street corners in mobile businesses‚ buffets found in mid-sized towns and cities‚ as well as upscale restaurants that are most always found in larger and more populated areas. All of these places serve one purpose in common; to aide to the desired food cravings of countless people. A person might say that there are no noticeable differences
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Hanami Japanese restaurant is the best sushi restaurant in town. This restaurant is located at the Campus Village Shopping Center‚ in front of the building “University View”. The address is 8145-M Baltimore Avenue‚ College Park‚ MD 20740. Open seven days a week‚ Hanami Japanese restaurant is small but lovely and offers home-style Japanese dishes. I first heard about Hanami from my friend who delivers for Hanami. Despite this‚ my first visit was not until October 11. Judging from the outside‚ I could
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management consulting firm. The second option is to open an upscale restaurant that will serve Indian gourmet cuisine. The third option is to open the restaurant with his aunt. Each option has positive and negative aspects‚ but when Sanjay compares them only the financial benefits are relevant. If Sanjay takes the job offered by the management consulting firm he would earn a salary of $80‚000 a year. If he decides to open the restaurant‚ he would face a different scenario. To figure out Sanjay’s salary
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PROPOSAL TO START A HIGH CLASS VEGETARIAN RESTAURANT TABLE OF CONTENTS * Introduction * Primary objectives of the project * Analysis of restaurant business * Development Plan * Location plan * Layout plan * Resources planning * Operations Plan * Products and services required * The Target market * Competitors * Strategies for sales * Management of restaurant * Forecasting and future
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