Quick eats is a fast-food restaurant that has recently entered the hospitality industry. since most of its competitors are pursuing a low-cost position and doing well, quick eats also wants to adopt the same strategy. which of the following will be a likely implication of this decision?
a) quick eats will face low profit potential
b) quick eats will be able to create higher value for it's customers
c) quick eats will be better placed to gain a competitive advantage in the industry
d) quick eats will not face any direct competition in the industry

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times