Choose a fast food restaurant or chain and talked about the costs that the restaurant may have (1 page please), not as company. Just considering the restaurant workplace, include these three things:
1) Name of the business.
2) Name at least three fixed and three variable costs that you think. For each, explain why you think the costs is fixed or variable.
3) Consider the concept of operating risk…which can be summarized as human risk: it is the risk of business operations failing due to human error. Operational risk will change from industry to industry and is an important consideration to make when looking at potential investment decisions. Industries with lower human interaction are likely to have lower operational risk. Does the business you are thinking have a high degree of operating risk? How do you know? How might the company benefit from more operating leverage?