1. visit the website of severalmajor restaurant chains. Identify the industry in which each one operates. Would you categorize them in the same industry or in different industries(for example, fastfood, family restaurant, etc.)? why or why not?
2. Identify an industry in which the suppliers have strong bargaining power and another industry in which the buyers have most of the bargaining power. How does this affect potential profitability in the industries?
3. Misty is buying a house for $385,000. She is financing $345,500 and obtained a 15-year, fixed rate mortgage with a 4.875% interest rate. how much money are her monthly payments?