You Have Been Hired as a Consultant to Make Recommendations

question 16

Essay

You have been hired as a consultant to make recommendations for Smarty's, a healthy fast-food chain that is undergoing major expansion. Smarty's needs to create an enterprise resource planning system. However, Smarty's needs to have this system up and running as quickly as possible or it is likely they will begin losing business. What do you recommend?

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Definitions:

Budgeted Sales

The projected amount of sales revenue a company expects to earn over a specific period, often used for planning purposes.

Actual Sales

The real revenue generated from goods or services sold, measured within a specific period.

Implied Value

a value that is not directly stated but can be derived from given information through analysis or calculation.

Swiss Chalet Franchise

A business opportunity that involves becoming a part of the Swiss Chalet chain of restaurants, known for their rotisserie chicken.