Solved

One Well-Known Corporate Raider of Restaurant Companies Visits Several of the Company's

Question 213

Multiple Choice

One well-known corporate raider of restaurant companies visits several of the company's establishments,thoroughly reviews their menus,visually surveys the customers at the establishment,orders food and times how long it takes to arrive,then buys up controlling shares of stock in the company.Once he has a controlling interest in the company,he reduces the menu offerings,eliminating dishes that require long preparation time due to complicated recipes or multiple ingredients,eliminates menu items that require a long time to plate due to side dishes,and streamlines the operations.When the company's stock raises due to increased profitability,he sells his stock at a profit.When the corporate raider eliminates menu items,what is his goal?


A) Increasing product demand
B) Improving the product design
C) Increasing production capacity
D) Streamlining the product line

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents