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You have read the Case Study, worked through the examples and exercises embedded in it, and had a chance to reflect on some of the
You have read the Case Study, worked through the examples and exercises embedded in it, and had a chance to reflect on some of the complexities of running this business. Post your replies to the following three questions in the Discussions section of Blackboard. This assessment is marked out of 10 and it is worth 4% of your final grade. Which of the four la carte restaurants would you prefer to dine at and why? (2 marks) Distillery Restaurants Corp. (DRC) simultaneously runs both an la carte type business and an event centre type business. What are the advantages of running the la carte portion of the business? (2 marks) What are the advantages of running the event centres portion of the business? (2 marks) To open the patio or not to open the patio, that is the question, and Rik understands the financial implications of making the best decision. On many days it is obvious that the weather for the next day will either be dry or rainy, hence the decision is easy. However, it is on those other days when the next day's weather is uncertain that a decision has to be made on whether to plan for the patio to be opened or to keep it closed. If you feel he should continue with his current decision-making process regarding whether or not to open the patio, explain why you feel that way. On the other hand, if you feel he should change his decision-making process regarding whether or not to open the patio, explain what process he should use.(4 marks)
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