TheBA and Grille

question 7

Multiple Choice

TheB.A.R. and Grille restaurant has expanded its locations to now include several major U.S. cities. All major functions, such as pricing, menu design, and hiring will still be done by Bob and Amanda. Which structure should they move towards?

• A) Geographic
• B) Market
• C) They do not need to change their structure because of these changes
• D) Hybrid

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Definitions:

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by widespread unemployment and poverty.

Economic Theory

A set of principles and frameworks designed to explain and predict patterns in economic activities, consumption, production, and trade, among other aspects.

Reduction in Prices

A decrease in the cost of goods or services, typically resulting from factors like increased supply, decreased demand, or governmental intervention.

Recessionary Conditions

Economic circumstances characterized by a decline in GDP, employment, and trade lasting for a period of time.