At Ronald's fast food business for five years the French fries are its most popular product. During the past year,its profits have suffered because the farm that supplies it with potatoes has increased its prices drastically.What should Ronald's do to control its production costs?
A) Ronald's should reorganize its organizational hierarchy to increase efficiency.
B) Ronald's should buy out the farm and become its own supplier.
C) Ronald's should invest in more efficient fryers.
D) Ronald's should broaden its product range by introducing potato nuggets on its menu.
Correct Answer:
Verified
Q42: In _, a company grows by combining
Q43: An organization that is diversifying its product
Q46: When a company combines with firms in
Q57: _ takes place when a company combines
Q57: When an organization continues serving the same
Q62: In the BCG matrix, a _ has
Q70: _ should be sold off or liquidated
Q74: During the Great Recession, Malcolm's Racing Bikes
Q75: A _ strategy is used to deal
Q76: In the Boston Consulting Group (BCG) matrix,
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