Ruben opens a sandwich shop, Rubens Reubens and Rachels, in a busy retail plaza. There are three other sandwich shops in the plaza, which is located in a busy downtown area. Ruben uses recipes passed down from his grandmother that he has been perfecting for years. His shop is small and he only has one other employee, so overhead costs are low. Even though he knows he sells the best sandwiches in town, he struggles to make a profit. Eventually, he is forced to close the business. Why did he fail?

ENTREPRENEURS

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Ruben opens a sandwich shop, Ruben’s Reubens and Rachels, in a busy retail plaza. There are three other sandwich shops in the plaza, which is located in a busy downtown area. Ruben uses recipes passed down from his grandmother that he has been perfecting for years. His shop is small and he only has one other employee, so overhead costs are low. Even though he knows he sells the best sandwiches in town, he struggles to make a profit. Eventually, he is forced to close the business. Why did he fail?

A	He lacked the capital he needs.
B	He did not have relevant experience.
C	The industry was heavily regulated.
D	There was a lot of competition.

Explanation:

Detailed explanation-1: -Created at Omaha’s Blackstone Hotel during a high stakes poker game in the early 1900s, the Reuben has grown into an American menu staple. Imagine the first bite into a prime Reuben sandwich – the savory corned beef, fresh sauerkraut, bubbly Swiss cheese and creamy Russian (or Thousand Island) dressing.

Detailed explanation-2: -Assemble the Blackstone Reuben sandwich by placing the warmed corned beef slices on top of the sauerkraut piece of bread and flip the sandwich on top of the other half. Griddle grilling the corned beef Rueben sandwich will take about 3 to 5 minutes. You want a golden-brown sandwich.

Detailed explanation-3: -Spread the dressing on one side of each slice of bread. Assemble the sandwiches. Butter the top of each sandwich. Place the sandwich butter-side down on the hot skillet or griddle. Butter the other side. Flip when the bottom slice is golden brown. Grill until both sides are golden brown. 19-Dec-2022

Detailed explanation-4: -Cream of Potato Soup. Sauerkraut. Dill Pickle. Potato Salad. Coleslaw. Potato Chips. Sweet Potato Fries. Deviled Eggs. 20-Feb-2021

There is 1 question to complete.

ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS