MGMT 4B Study Guide - Quiz Guide: El Pollo Loco, White Meat, Business Cycle
Document Summary
Label the scenario as either selling value or style: El pollo loco was attempting to increase its total revenue in spite of the economic downturn. Normally, favoring to sell white meat chicken breast, an american preference over dark meat, they shifted to a supplier of dark meat. Dark meat is considerably cheaper than its white counterpart, allowing them to endorse a family combo that brought in more hungry consumers and increased profits. To review the overall health of the investment function, it is critical to monitor the ism. Leading economic indicators often change after movements in the business cycle occur and depict plausible growth outcomes. Buying stock or currency in anticipation of an economic expansion and, thus, an increase in value. Selling of stocks in anticipation of a recession. Leading economic indicators are capable of seeing an oncoming downturn before the broader economy has taken into account the recessionary signals.
