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In Menu Engineering, a Star is both relatively profitable and relatively popular and should be: Remove from the menu AT ONCE Kept, but lower price
In Menu Engineering, a Star is both relatively profitable and relatively popular and should be:
- Remove from the menu AT ONCE
- Kept, but lower price to increase volume
- Decrease portion size to increase profit
- Left alone
____________ is the effect that a change in price has on demand
- Contribution Margin
- Elasticity of demand
- Impact flow
- None of the above
Menu engineering concentrates on which of the following variables:
- Customer Demand
- Sales Mix
- Menu Item Contribution Margin
- All of the above
Exercising good cost control procedures would include establishing cost standards and later comparing these to:
- Last Year Results
- Budget
- Actual
- Industry averages
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