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:
Verified
Q1: Define design planning. How does it differ
Q3: Provide an example of a product that
Q5: When does a firm incur holding costs?
Q6: What is the purpose of quality control?
Q9: Explain how the production of services is
Q20: How do routing and timing affect the
Q208: Jan runs a garment jobbing business.Her employees
Q210: What is meant by the magnitude of
Q211: Princess and Eternal have an idea for
Q216: For many years,taking a cab was the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents