Business Finance
location affecting the growth of a restaurant

Question Description

How can a new place or location affect the growth of a multicultural restaurant.

3oo words one reference.

* Testing, the best will do a hard question for me.

Final Answer

location  can affect the growth of a multicultural restaurant though

a) popularity- the restaurant must acquire popularity from people, before all the past consumers of that industry know or identify the new location the growth curve should be at lag phase for a while

b)efficiency-the new location might be effective to less people than it used to be...that might not be the only favorite of multicultural restaurants to consumers. preferably the opposite is true . the new location might favor  a lot of consumers than the previous location

c)atmosphere-atmosphere is directly related to location and can either bring a positive or a negative impact on the growth of a multicultural restaurant.

d)with a new location comes in with either bigger or smaller responsibilities...distance from the material needed for the restaurant, rent, number of employees added or reduced,insurance, among other things like better services therefore will the price be affordable to previous consumers or a previous lag phase that will form an exponential with time.


 

Duke University

Anonymous
Solid work, thanks.

Anonymous
The tutor was great. I’m satisfied with the service.

Anonymous
Goes above and beyond expectations !

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors