Question
1. All other things being equal, an increased seat turnover will: A. Increase total sales revenue B. Decrease total sales revenue C. Increase the average
1. All other things being equal, an increased seat turnover will:
A. Increase total sales revenue
B. Decrease total sales revenue
C. Increase the average check
D. Decrease the average check
2. Which of the following would not call for a tactical pricing decision?
A. Establishing prices with the firms long term financial objectives in mind
B. Reacting to a competitors short run pricing changes
C. Adjusting prices to reach a new market segment
D. Knowing what discount to offer to accept group business while still making a profit
3. An analysis of restaurant seat turnovers by day of the week can be useful in preparing staffing schedules.
A. True
B. False
4. A method of menu analysis that concerns itself with each menu items popularity combined with its contribution margin (gross margin) is known as:
A. Menu engineering
B. Menu factoring
C. Popularity analysis
D. Gross margin analysis
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started