Management Homework Help

Riya has recently started a restaurant in a commercial area where there are many other established restaurants and

popular fast-food chains. Riya owns the plot on which her restaurant is located and this makes her cost of operations lower than the competitors. This factor allows her to offer her products at a competitive price. Riya has also invested a huge amount on the interiors of the restaurant and in equipping the kitchen with the latest appliances used by her competitors. In this scenario, which of the following is the most valuable resource for Riya’s business? 

the investments made by Riya on the restaurant’s interiors

the latest kitchen equipment that is at par with the restaurant’s competitors

the land owned by Riya, which reduces cost of operations

the restaurant’s late entry into the market