How does PESTLE analysis help in the strategic restaurant development and growth a It helps to assess the weaknesses of the business' operational procedures, such as schedules or the resources allocation b It helps to find solutions to financial problems and to find ways of avoiding operating at breakeven or at loss c It helps to analyze how a company's financial success may be affected by the external factors, such as the environment or economic conditions and how to adjust the strategy of the company based on new and emerging conditions d It helps to identify the strengths of the current menu offerings

The Answer is in the image, click to view ...

Question: How does PESTLE analysis help in the strategic restaurant development and growth? a . It helps to assess the weaknesses of the business' operational procedures,

How does PESTLE analysis help in the strategic restaurant development and growth?

.

It helps to assess the weaknesses of the business' operational procedures, such as schedules or the resources allocation.

.

It helps to find solutions to financial problems and to find ways of avoiding operating at breakeven or at loss.

.

It helps to analyze how a company's financial success may be affected by the external factors, such as the environment or economic conditions and how to adjust the strategy of the company based on new and emerging conditions.

.

It helps to identify the strengths of the current menu offerings.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

How does PESTLE analysis help in the strategic restaurant development and growth? a . It helps to assess the weaknesses of the business' operational procedures, such as schedules or the resources...

Requirements: Use the Lakeshore Bank case to design a spreadsheet risk monitoring model. Your model should have the components included in the template we have been using in class. These components...

This PESTLE analysis of Google LLC provides insights on external factors in the company's remote or macro-environment. In the PESTLE analysis framework, these external factors are opportunities or...

Monitoring the risk environment and using efficient risk management strategies are required to assess risk responses in the context of launching a second location for a restaurant in another city....

kindly go through the research paper and list five main learning points. THE IMPACT OF TOTAL QUALITY MANAGEMENT (TQM) ON COMPETITIVE ADVANTAGE: A CONCEPTUAL MIXED METHOD STUDY IN THE MALAYSIA LUXURY...

1 . SWOT Analysis: What are the internal factors assessed in a SWOT analysis? 2 . Porter's Five Forces: Which force in Porter's Five Forces assesses the impact of new competitors entering the market?...

Create a report that could be distributed to various stakeholders impacted by your recommendations discussed over the past five weeks of the Systems Management course. Note: You must use headers and...

by Vicki Jayne / business excellence Built to Last How to fill performance gaps How do you build a strong performance ethic into your organisational culture? Vicki Jayne talks to two executives who...

Assessment Task 2 Manage workforce planning BSBHRM513 Student Declaration To be filled out and submitted with assessment responses I declare that this task and any attached document related to the...

A hypothetical phase diagram is shown in Figure 11-26. (a) Are there any intermetallic compounds present? If so, identify them and determine whether they are stoichiometric or nonstoichiometric. (b)...

Anna Sheehan is the manager of the Spendwise supermarket chain. She would like to be able to predict paperback book sales (books per week) based on the amount of shelf display space (feet) provided....

Exercise 2.12 In the following problems, the data table contains various modifi cations that could be made to the MIPS instruction set architecture. You will investigate the impact of these changes...

The following accounts appear in the ledger of Marigold Corp. after the books are closed at December 31,2019 Common Stock, no par, $2 stated value, 399,000 shares authorized; 293,000 shares issued...