Question
The very first Al-Baik restaurant opened its doors in Jeddah, Saudi Arabia, in the year 1974 (N.d., 2022). This restaurant chain is well-known for the
The very first Al-Baik restaurant opened its doors in Jeddah, Saudi Arabia, in the year 1974 (N.d., 2022). This restaurant chain is well-known for the unique marinade that they use on their chicken and the way that they fry it. As of 2015, there were more than two hundred Al-Baik shops around the kingdom of Saudi Arabia, and the company has plans to expand internationally (N.d., 2022). The chicken at Al-Baik is first prepared by marinating it in a unique mixture of spices, and then it is roasted until it is golden. There are a variety of sides that can be served alongside the chicken, including French fries, rice, and beans. At Al-Baik, you may get a variety of foods, including sandwiches, wraps, salads, and sweets. Both Saudis and visitors from other countries have expressed a strong preference for shopping at the malls that are part of the Al-Baik network. At these dining establishments, there is a well-earned reputation for tidiness, friendliness of the staff, and outstanding cuisine. Over the years, Al-Baik has been recognised and honoured in a variety of different ways for its status as one of the most successful quick-service restaurants in Saudi Arabia. This is a great chance to increase exports as the company looks to grow internationally.
1. Explain AL-BAIK cost analysis, determining, the cost of exporting the in the United States. This analysis must all real costs related to the business opportunity. Provide a costing sheet along with your detailed analysis.
2. Must determine a suitable pricing strategy that will be competitive, cover costs, and provide a profit margin compared to what you could achieve with a similar product by operating in the domestic Saudi market. Must consider all relevant factors associated with United States.
3. Provide a recommendation of whether or not this business opportunity is actually feasible based upon these criteria. Refer to the collected data to support the claim.
Please give me all these answers in details
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