If a Significant Number of Consumers Switch from Ordering Food

question 197

Multiple Choice

If a significant number of consumers switch from ordering food delivery from traditional restaurants to ordering from "ghost restaurants", a "ghost restaurant" will likely find its demand curve shifting to the ________ and its marginal revenue curve shifting to the ________ as more competitors enter the market.

• A)right; right
• B)right; left
• C)left; right
• D)left; left

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Definitions:

New Technology

The latest advancements in technical methods, tools, or systems that can transform processes, increase efficiency, or introduce new capabilities.

Organizational Response

The way an organization reacts or replies to internal or external events, challenges, or stimuli.

Uncertain Environment

Refers to situations or conditions where there is a lack of predictability or stability, often affecting decision-making processes in businesses or organizations.

Progressive Managers

Progressive managers adopt forward-thinking approaches in leadership, emphasizing innovation, flexible strategies, and employee involvement in decision-making.