Describe the importance of vendors in assessing market ...

[kamilo84]

Describe the importance of vendors in assessing market conditions.
 
  What will be an ideal response?

Question 2

Discuss the importance of the legal environment in assessing marketconditions.
 
  What will be an ideal response?

[tanna.moeller]

Answer to Question 1

It would be very difficult to operate a first-rate establishment withoutfirst-rate vendors. While the supply of needed products and servicesmust be priced competitively, it is even more important that the supplybe dependable. For that reason, it is important that managers continuallymonitor the number and quality of vendors available to service them.

Answer to Question 2

There are local, state, and federal business laws that all restaurant andfoodservice operations must follow. However, in many cases these laws varyin different areas of the country. Additionally, new legislation directlyaffecting restaurant and foodservice operations is enacted on a regular basis.To be most effective, marketing professionals must know about current lawsaffecting their establishment as well as any new laws or regulations that willbe enacted in the future.

[kamilo84]

Thanks for the timely response, appreciate it

[Sarahjh]

Gracias!