Question
Your team has decided to start your own business. Your team has two food carts located on the opposite ends of campus. Your team sell
Your team has decided to start your own business. Your team has two food carts located on the opposite ends of campus. Your team sell hotdogs/polish dogs, chips, and drinks which opens only during the hours of 11am-1pm and you often sell out before then. Your team members take turns operating the carts on a volunteer basis. Currently, your team only accept cash. Since youre the only vendor on campus your return on investment is 250%, which means for every dollar you spend on purchasing your supplies youll make that dollar back plus $2.50. Thats not too shabby. At the end of the semester you performed an online survey to get feedback from your customers on how you can improve your business/services. Below are the top results (not in any particular order) your customers say you can improve.
-
Need more variety of foods
-
The price is too high
-
Need more payment options
-
Longer hours of operations
-
Service is too slow
-
Cart and food serving area not clean
-
Food Carts rarely open on time
From these customer feedback items which one would your team NOT consider as a priority to address? And which would be a top priority? Explain in detail. Your answers must include logical business reasons
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started