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FAST FOOD SCENARIO Daniel, an Entrepreneur, Is Planning to Open a Fast-Food Restaurant

question 51

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FAST FOOD SCENARIO
Daniel, an entrepreneur, is planning to open a fast-food restaurant. He wants to cash in on the huge population of busy professionals who usually don't have the time for a sit-down meal. They prefer instead to grab a bite on the go. Daniel has done his fair share of research, and he found that though fast-food restaurants cater to the need for a quick bite, consumers feel guilty of indulging in what they thought was "unhealthy." Daniel conceptualized a place that will offer a quick bite as a healthy alternative, so consumers would not have to suffer from guilt. Daniel is looking at establishing a long-term relationship based on trust with his customers.
-Refer to Fast Food Scenario.Daniel conceptualized a place that will offer a quick bite as a healthy alternative,so consumers would not have to suffer from guilt.In doing so,Daniel is offering _____ value to his customers.

Definitions:

Economic Union

refers to an agreement between countries that allows for the free movement of goods, services, and people, and coordinates economic policies.

Socially Approved

Actions or behaviors that are accepted and encouraged by the majority within a society or social group.

Historical Aberration

An event, trend, or phenomenon that significantly deviates from what is considered normal or expected in historical context.

Nuclear Family

A family unit consisting of two parents and their children, considered the traditional core of a familial structure.