Belling is a chain of coffee shops. List possible competitors first from an industry point of view and then from the market point of view
What will be an ideal response?
Student answers will vary. From an industry point of view, Belling's competitors will be other coffee shops, coffee machines, and outlets that sell coffee in addition to other foods. From a market point of view, Belling's competitors could be anything from restaurants to supermarkets selling ready-to-drink coffee.
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Linear programming finds the solution that creates the highest profit while satisfying the constraints that a company faces
Indicate whether the statement is true or false.
In Indonesia, comfortable living occurs at about $30,000. Based on the measurement of comfortable living, which of the following is most likely to be true?
A) People earning approximately $25,000 are content with their jobs. B) People earning below $30,000 are as happy with jobs as those earning $35,000. C) People earning below $30,000 experience a positive correlation between pay and job satisfaction. D) People earning $50,000 have higher levels of job satisfaction than those earning $40,000. E) People's earnings have no relation to their job satisfaction if they earn $25,000.