This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe the importance of vendors in assessing market conditions. What will be an ideal ... (Read 20 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
on: Aug 10, 2018
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?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tanna.moeller

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Aug 10, 2018
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

  • Member
  • Posts: 495
Reply 2 on: Aug 10, 2018
Wow, this really help

hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Anatomists disagreed on the importance of the Piltdown Man. Anatomists disagreed on the importance of the Piltdown Man.
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
The perception of motion under four different conditions. The perception of motion under four different conditions.
Importance of Considering Gestalt Principles in Product Design (1 of 2) Importance of Considering Gestalt Principles in Product Design (1 of 2)
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Ten Conditions Associated with Inherited Variation Ten Conditions Associated with Inherited Variation
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library