nik naks

Your family owns and operates Nik Naks, Incorporated. Nik Naks (named after your great grandparents Nikolas and Nikki) is the parent company for three small businesses.

Milo’s Hamburgers: Your grandparents opened this restaurant in 1946. Famous for their secret sauce and simple menu (only burgers and fries), Milo’s now has multiple locations throughout the city.

Old School Gym: Your grandparents bought this business about 15 years ago with minimal investment, but don’t let the name fool you. Old School Gym has all the modern equipment needed to be successful today. It hosts an annual fitness competition that attracts participants from all over the nation, and its fame keeps the business running and prosperous.

Splash Water Park: Your grandparents recently purchased this from some friends. There are only 5 slides and a lazy river, but business is steady during the warmer parts of the year.

Each business runs with little debt, and all have a good reputation in the community.

The family knows you’re taking business courses and asks you to analyze and suggest changes based on what you’ve learned. Demonstrate your knowledge of key strategic concepts by respondi

Please input the answers on the “answer sheet 2” template attached.
Link to quizlet course material: https://quizlet.com/13778151/principles-of-management-chapters-1-3-flash-cards/

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