Ronald's Has Been in the Fast Food Business for Five

question 13

Multiple Choice

Ronald's has been in the fast food business for five years.After struggling for two years, it finally broke even, and the french fries it offers are its most popular product.However, during the past year, its business has suffered because the farm that used to supply it with potatoes has increased its prices drastically.What should Ronald's do to control its production costs?

• A) Ronald's should reorganize its organizational hierarchy to increase efficiency.
• B) Ronald's should buy out the farm and become its own supplier.
• C) Ronald's should open more distribution outlets.
• D) Ronald's should broaden its product range by introducing potato nuggets on its menu.

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Definitions:

Socioeconomic Equality

The state of equal access to wealth, opportunities, and privileges within a society, regardless of social class or economic status.

Legal Equality

The principle under which all individuals are subject to the same laws, with no individual or group having special legal privileges.

Feminist Perspective

An analytical framework that explores the inequalities between genders and advocates for equality and women's rights.

Erroneous Stereotypes

Inaccurate and oversimplified beliefs or generalizations about a group of people.