In the argument above, the president of Classy steakhouse arrives at a decision to go ahead with opening of the new Classy Steakhouse restaurant in the busy Downtown Centre. In his support, the president suggests that the failure of other restaurants in the...
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In the argument above, the president of Classy steakhouse arrives at a decision to go ahead with opening of the new Classy Steakhouse restaurant in the busy Downtown Centre. In his support, the president suggests that the failure of other restaurants in the Downtown Centre are not indicative of whether the new Classy Steakhouse restaurant will face similar challenges. Furthermore, the president uses the fact that Centre Cafe has existed in Downtown center for almost three decades, as an example to state that Downtown Centre is very suitable location. The president also points out to the report from the national agency that shows a rise in the frequency of business executives eating out as a positive sign for the new Classy Steakhouse restaurant being very successful at that location. While the fact that increasing frequency of business executives eating out seems very attractive, the decision seems to be resting on a series of faulty assumptions. First, the president assumes that the c
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