Business Finance Homework Help

There is a lot to consider, and at a minimum you need to present to Al responses to the following questions in your video: You are making a presentation, so be sure to look into the camera.

1. What kind of competitive research should he conduct prior to launching into hot dogs.
2. How should he promote this product inside the store?   What social media platform do you think would work best to promote his new product? (Explain Why)
3. Will the business need to hire more staff , or can he rely on the staff that is already in place (explain why).
4. What new equipment and supplies might he need to buy to offer this new menu item?
5. Assuming the average customer buys a hot dog, drink and chips, what do you expect the total combo ticket price to be? He needs an exact dollar amount to add to the poster above. What is your pricing assumption based on?
6. After considering the cost to Al to offer this combo meal, what is his expected profit on a combo meal?