The Manager of a Restaurant Noticed That the Number of Customers

question 16

Multiple Choice

The manager of a restaurant noticed that the number of customers in the evening was decreasing. She promptly ordered the chef to revise the evening menu. Later, customer feedback indicated that the problem was not the menu but poor service from the waitstaff. The manager's decision to have the menu revised suggests that she failed to

• A) identify and diagnose the problem.
• B) evaluate alternatives.
• C) generate alternative solutions.
• D) evaluate the decision.
• E) make a choice.

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Definitions:

Limited Liability

A legal structure that limits the financial liability of investors or owners to the amount they have invested in a company.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, giving them rights to dividends and a say in company matters through voting.

Creditors

Individuals or institutions to whom money is owed by the debtor for provided goods, services, or loans.

Privately Held Corporation

A privately held corporation is a business entity owned by private investors, shareholders, or company members, and not publicly traded on stock exchanges.