Photo Essay- Tarun Daniel

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Photo Essay Tarun Daniel

Transcript of Photo Essay- Tarun Daniel

Page 1: Photo Essay- Tarun Daniel

Photo  Essay  Tarun  Daniel  

Page 2: 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

Page 3: Photo Essay- Tarun Daniel

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

Page 4: Photo Essay- Tarun Daniel

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/

Page 5: Photo Essay- Tarun Daniel

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

Page 6: Photo Essay- Tarun Daniel

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