Topic : Micro sparingsInsert NameInstitution NameInsert GradeInstructor Name12th July 2010IntroductionStiff competition in the modern business knowledge domain has enabled companies to adapt cost saving payoff techniques in rewrite to effectively utilize the scarce stinting resources . Lowering the production cost enables a firm to reduce its expenditure thereby increasing the profit margin This allows the firms to devour adequate ceiling which can be used in pursuing working out programs . In this regard , the paper will extensively contend how sonic Drive In Restaurants utilizes the three fundamental economic questions which are what to invoke , how to produce and more importantly for whom to produce (Samuelson William , 2004Brief history of Sonic Drive in RestaurantsSonic Drive In Restaurants which has its headquarters in Oklahoma City was established in the early 1950 with the aim of unfolding foodstuffs to traveling customers who could drive-in and have either snacks or take-away meals .
The restaurant has expanded its trading operations to more than 40 States in the US . Research shows that , Sonic Drive In has more than three thousand restaurants which offer breakfast , burgers , chicken and snacks on their menusSonic Drive In Restaurants is a suitable choice since the company effectively utilizes the scarce economic resources . For instance , the business uses the franchising strategy to expand its operations tolerant it an opportunity to increase its sales and ultimate profits . For a franchising to be successful , a precise approach should be implemented and more interesting is the high level of expertness Sonic Drive...If you want to get a full essay, inn it on our website:
Ordercustompaper.comIf you want to get a full essay, wisit our page:
write my paper
No comments:
Post a Comment