Restaurant A does 90 orders on foodpanda in the month of July 2019. The average basket...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Restaurant A does 90 orders on foodpanda in the month of July 2019. The average basket size of Restaurant A is $18.30. From the time it is on FP till July 2020,, this restaurant increases its orders by 10% month on month. From July 2019 to July 2020, restaurant A makes 25% more Gross Food Value on GrabFood than Foodpanda. Restaurant A pays $12,621.5 to GF for commission revenue. 1) On an excel sheet/google sheet, -show how you would calculate the MoM order number of restaurant A on foodpanda -show how you would calculate the total GFV restaurant A made on both foodpanda and Grabfood from July 2019 to July 2020 -The commission % Grabfood is charging restaurant A. 2) List down 3 ways that you would grow the basket size and gross food value of Restaurant A. Restaurant A. Traffic & conversion In June, Restaurant A attracted 1000 views on their landing page. However, between landing to the menu, payment and eventually checkout, Restaurant A does 76 orders. In July, Restaurant A attracted 124% of the sessions it attracted in June. However, the total order number in July went up by 100%. The basket size of Restaurant A is $15.20. 1) Calculate Restaurant A's conversion % in June and July. Calculate the incremental month on monthly Gross Food Value. 2) What could be 2 possible reasons for the changes between June & July in -Sessions count -conversion % -Order count -Gross Food Value Vendor operational and business numbers July Order Vol June Gross food value July Gross food value June Commission June Order vol New customer to platform New customer Customer Rojected % Ratings Kouenbag to restaurant Restaurant A 203 180 70333 61294 25 50 80 1.6 4.5 Restaurant B 400 577 55687 72765 27% 123 169 1.9 4.1 Above are the numbers of 2 vendors in Taiwan for the month of June & July. From the information, 1) Share 2 characteristics of the restaurant A & B 2) Share 2 reasons explaining the movement of order volume from June and July for both restaurants 3) Which restaurant would you recommend for the company to invest in and why? Restaurant A does 90 orders on foodpanda in the month of July 2019. The average basket size of Restaurant A is $18.30. From the time it is on FP till July 2020,, this restaurant increases its orders by 10% month on month. From July 2019 to July 2020, restaurant A makes 25% more Gross Food Value on GrabFood than Foodpanda. Restaurant A pays $12,621.5 to GF for commission revenue. 1) On an excel sheet/google sheet, -show how you would calculate the MoM order number of restaurant A on foodpanda -show how you would calculate the total GFV restaurant A made on both foodpanda and Grabfood from July 2019 to July 2020 -The commission % Grabfood is charging restaurant A. 2) List down 3 ways that you would grow the basket size and gross food value of Restaurant A. Restaurant A. Traffic & conversion In June, Restaurant A attracted 1000 views on their landing page. However, between landing to the menu, payment and eventually checkout, Restaurant A does 76 orders. In July, Restaurant A attracted 124% of the sessions it attracted in June. However, the total order number in July went up by 100%. The basket size of Restaurant A is $15.20. 1) Calculate Restaurant A's conversion % in June and July. Calculate the incremental month on monthly Gross Food Value. 2) What could be 2 possible reasons for the changes between June & July in -Sessions count -conversion % -Order count -Gross Food Value Vendor operational and business numbers July Order Vol June Gross food value July Gross food value June Commission June Order vol New customer to platform New customer Customer Rojected % Ratings Kouenbag to restaurant Restaurant A 203 180 70333 61294 25 50 80 1.6 4.5 Restaurant B 400 577 55687 72765 27% 123 169 1.9 4.1 Above are the numbers of 2 vendors in Taiwan for the month of June & July. From the information, 1) Share 2 characteristics of the restaurant A & B 2) Share 2 reasons explaining the movement of order volume from June and July for both restaurants 3) Which restaurant would you recommend for the company to invest in and why?
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Show how you would convert (in one or two steps) 1-phenylpropane to the three products shown below. In each case, explain what unwanted reactions might produce undesirable impurities in the product....
-
Show how you would synthesize each compound, starting with alkenes or cycloalkenes that contain no more than six carbon atoms. You may use any additional reagents you need. (a) (b) (c)
-
X-Tech Inc. produces specialized bolts for the aerospace industry. The operating cost of producing a single bolt is $2. The company currently sells the bolts for $6/unit. Each time the company...
-
The average normal daily temperature (in degrees Fahrenheit) and the corresponding average monthly precipitation (in inches) for the month of June are shown here for seven randomly selected cities in...
-
Consolidate Edison Power is evaluating the construction of a new electric generation facility. The two choices are a coal burning plant (CB) or a gaseous diffusion (GD) plant. The CB plant will cost...
-
Relating sales and cash receipts to the subsidiary ledger Model Trains Enthusiasts Shops sales and cash receipts journals for the month of April are presented below. The accounts receivable...
-
Support-department cost allocation, reciprocal method (continuation of 15-19). Refer to the data given in Exercise 15-19. 1. Allocate the two support departments costs to the two operating...
-
What industry is Airbnb in? Is Airbnb in a risky industry? Why/when Airbnb begin its operations? Has Airbnb announced an IPO, or possibly a SPAC deal, since it received its initial funding? If now...
-
You have a room that is 4 m long, 7 m wide, and has a ceiling height of 3 m. The floor is hardwood, = .15 at 500 Hz. The walls are gypsum wallboard (GWB), = .30 at 500 Hz. The ceiling is acoustic...
-
Discuss the Hierarchy of information-based business decision-makers. Which level has the best chance of success and why?
-
Cadmium is a highly toxic substance with lethal effects on the human body in concentrations greater than 4.4 x 10-mol/L. Cadmium (II) carbonate has a Kp of 5.2 x 10-12 at 25C. Calculate the...
-
During a 'Project' Life cycle there are four (4) main stages. Identify and explain each of the stages and how they are defined? Is there a fifth stage? If so how does this integrate with the four...
-
In the process of collecting weight and height data from 29 female and 81 male students at your university, you also asked the students for the number of siblings they have. Although it was not quite...
-
You purchased 250 shares of General Motors stock of at a price of $86.98 two years ago. You sold all stocks today for $86.51. During this period the stock paid dividends of $3.92 per share. What is...
-
Describe theeconomic and social significance of the hospitality industry in your community. Include in your response the specific roles and general responsibilities for different jobs in the industry...
-
Given the task setrin table 1 Task TI T2 13 Execution time, C 1 2 3 Period. T 2 6 8 Verify the schedulability of the task set in table 1 under EDF and draw the schedule timeline. Show all the...
-
Borrowing costs should be recognised as an expense and charged to the profit and loss account of the period in which they are incurred : A. If the borrowing costs relate to qualifying asset B. If the...
-
Margin of error = \($5\), standard deviation = \($20\)
-
Margin of error = 18.2 cm, standard deviation = 95.2 cm
-
Margin of error = 0.5 g, standard deviation = 8.7 g
Study smarter with the SolutionInn App