Homework

|15. |Did you notice that turkies, avocadoes, and steaks are on sale this weekend? | |

• China is set to overtake the United States as the world’s largest economy by 2016—a date that is fast approaching. How do you think this monumental economic shift will affect your life in the short term? How will it affect

1. Evaluate key elements of the selected production or service organization’s operational efficiency with its operational strategy. Determine three (3) tasks that do not align with the operational strategy. Determine the weaknesses that are evident in each task.

Modern technology isn't disappearing and the need for movie theaters will continuously decline. If movie theater owners take the time to examine several of these options they will certainly find one that functions for them and begin to earn a revenue that is truly theirs.

#5. Other things equal, what effects would each of the following have on aggregate demand or aggregate supply? In each case use a diagram to show the expected effects on the equilibrium price level and the level of real output.

A strategic group map is a valuable tool for comparing market positions for companies or putting them into specific groups while helping align specific differentiating characteristics. The map can help show where the company is in regard to the success of its differentiating characteristics based on both its own goals/results as well as those of its competition. There are levels on the map that range from weak to strong based on established market expectations as well as the expectations and established standards of the company.

The Fast food industry is extremely competitive. Although Chipotle is a step up from most fast food restaurants, it still must

"We wanted to provide a place that the whole family could enjoy," says Taylor. "Texas Roadhouse is about a hearty, good meal with service that is friendly, energetic, and

1. A budget is a formal statement of future plans, usually expressed in monetary terms.

Regal Entertainment Group and Cinemark are known to be AMC’s top competitors though they do have other competition out there. Whether you’re wanting to enjoy just an everyday outing or have a chef-inspired menu, you’ve got three different ways to enjoy AMC theaters with (AMC, AMC Classic, and AMC Dine-In). With the most popular AMC, you’re able to experience all the different amenities, everything from the classic spacious rocking seats to luxury recliners and advanced menus. AMC Classic is more of a hometown theater with a friendly local feel and the standard concession of pretzel bites, nachos, and popcorn. Then last but not least there’s AMC Dine-In. These Theaters are equipped with a full kitchen and offer services ranging from full-service dining or express pick-up. And you’re able to enjoy all of this while enjoying a good film.

* Business located in a prosperous and developing neighborhood which could lead to new potential customers

Concession sales and ticket sales are the two biggest sources of revenue for a movie theater but the exhibitors has limited control over both revenues and profits because those two are important aspects. Attendance allows for profitable sales of concessions and advertisements, but there are significant caps on the volume of concession sales per person, and selling price seem to have reached a maximum. Both continue to increase in cost to the consumers and may have reached a price point that is starting to drive consumers away from going to see a movie.

Exhibit 6 showed six main positioning territories. Of the 6 positioning territories, two territories “Family Cooking” and “Clever Cooking “showed potential growth opportunities for the company. These two

Concession sales and ticket sales are the two biggest sources of revenue for a movie theater. Both continue to increase in cost to the consumers and may have reached a price point that is starting

Some theaters give people and option to go movie hopping where one can see as many movies