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Soup, Salad, & Sandwich is a regional chain of restaurants in the northeast that provides dine-in, carry-out, and catering services. Owners Jesse and Mataya Peña currently operate six locations and are in the process of opening a new restaurant in another state. Their operation is quite successful and appeals to health-conscious consumers, busy moms, and executives in a hurry. Staying open longer hours, enlarging the menu, and expanding the scope of the business are among the many goals set by the Peñas. They want to follow a traditional business model in reaching their goals.
-Soup,Salad,& Sandwich features all of the traditional business participants except _____.
Reorganization
A process aimed at restructuring a company's operations, structures, or finances with the goal of increasing efficiency or addressing financial difficulties.
Liquidation
The process of converting assets into cash or cash equivalents, often associated with the winding down of a business.
Initial Public Offering (IPO)
A company’s first equity issue made available to the public. Also an unseasoned new issue.
Publicly Traded
Refers to companies whose shares are bought and sold on public stock exchanges.
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