Photo Essay- Tarun Daniel
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Transcript of Photo Essay- Tarun Daniel
Photo Essay Tarun Daniel
Taco Bell • Goods And Services
• Various Mexican Foods• Drinks• Restrooms
• Factors of Production• Land Plot• Money To Advertise• Parking Space• Various Groceries to Prepare
Food• Labor to Make Food
• Opportunity Cost• The food, although very tasty,
may not be very healthy for the consumer.
• Trade Off• The business owner would have
had to trade a calm life for the hustle, bustle, and responsibility of owning a franchise.
http://en.wikipedia.org/wiki/Taco_Bell#mediaviewer/File:Taco_Bell_Night.JPG
Publix • Goods And Services
• Various Groceries• Fresh Deli Items• ATMs
• Factors of Production• Shipments of Groceries• Labor Includes Cashiers and Various
Other Employees• Revenue
• Opportunity Cost• Consumers may be able to get better
deals elsewhere, but they can’t compare prices before buying their groceries. They must decide on which store to get all their goods from, even though that store may have some benefits and some disadvantages.
• Trade Off• The owner had to not be a part of other
regular life activities such as time with family, as running a franchise takes a lot of work.
http://www.theshelbyreport.com/2013/10/28/publix-to-open-first-cleveland-tenn-store-next-week/#.U__u0MIXktg
C2 Education • Goods And Services
• SAT/ACT Tutoring• College Essay Help
• Factors of Production• Labor: Teachers and Office Managers• Printers and Other Office Supplies
• Opportunity Cost• The consumer must spend a great deal of
money in order to get tutoring help.• Trade Off
• The owner had to leave taking care of her home to her children as she works in the C2 office.
http://www.c2educate.com/locations/princeton_nj_sat_tutoring/
AT&T • Goods And Services
• Purchase Phones • Phone Activation and Plan Renewal • Purchas Cell Phone Accessories
• Factors of Production • Labor: AT&T Service Help • Cell Phone and Accessories Stock • Internet Connection to Activate New
Phones • Opportunity Cost
• Consumers sign for two year binding contracts with the company when purchasing a new phone. They must stay with the network or spend a lot of money to switch networks.
• Trade Off • The owner made a living off of the AT&T
center but had to spend a lot of time that could have been spent doing other things.
http://wallstcheatsheet.com/stocks/att-is-giving-up-on-europe-for-now.html/?a=viewall
Kohl’s • Goods And Services
• Clothes and Furniture Can Be Purchased• Kitchenware and Other Household
Supplies Can Be Purchased• Factors of Production
• Labor: The Cashiers and Other Employees
• Revenue• Stream of Stock of All Items That Can Be
Purchased• Opportunity Cost
• Whereas the items at Kohl’s can be purchased at very low prices, many top quality name brands cannot be purchased at Kohl’s.
• Trade Off• Kohl’s has very long hours, so the owner,
managers, and employees must work long hours and sacrifice other aspects of life.
http://www.ksl.com/?sid=23447230