1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Goryan [66]
3 years ago
10

1. What are chain restaurants?

Business
1 answer:
Brilliant_brown [7]3 years ago
4 0

1. Chain restaurants are restaurants that operate as a group. Typically, the concept, design,menu,and name of the restaurant will be the same at all of the restaurants within the group.

2. Celebrity restaurants are owned by notable public figures. Some of these  estaurants are owned by chefs such as Wolfgang Puck and Gordon Ramsay, but others are owned by celebrities from areas other than culinary arts.

3. Managed services are catering or food service providers who operate in sites other than restaurants.

4. Forecasting involves estimating the restaurant's profits and expenses for a specific period of time. First, forecasting allows the restaurant to assess their viability for that period of time. Second, forecasting allows a restaurant to estimate the amount of food and other supplies that it will need to have on hand at particular times. Finally, forecastasting lets a restaurant know the number of staff that it will need to have to serve guests and handle restaurant operations.

5. Fine dining restaurants are usually characterized as those serving cooked to order dishes that are made from scratch with fresh ingredients. We typically think of fine dining restaurants as serving elegant food prepared by chefs with a great deal of expertise and training which is the opposite of most lower class restaurants.

Critical Thinking:

1. Managed services are usually given to people to go or catered to a location whereas a restaurant has one location where people sit to eat one meal. Managed services cook their food in mass portions for large groups of people but restaurants cook meals to  order.

2. Menus are important to restaurants because they give a general appeal to the guests and also they include the base information for the products that they're selling. If a restaurant doesn't have a detailed, accurate, appealing menu then they probably wouldn't sell products as efficiently.

3. You need a clean working space,correct utensils and supplies, educated and hardworking employees,and fresh product.

4. If your kitchen design is all whack, your product will not come out in a timely sequence and everything will be backed up. The products then come out low quality and the guests are not satisfied. With a good design, everything will run smoothly and each dish will have an equal amount of time spent on them. The quality will be better therefor creating a  happy guest.

5. The back of the house doesn't communicate with guests while the front of the house is always communicating with guests on a regular basis. The back of the house puts the food together while the front of the house doesn't usually worry about the food at all.  There are also more employees in the front of the house than there is for the back of the house.

You might be interested in
Why do you think that continuing to add employees, stops to be effective at a certain point ?​
DerKrebs [107]
Because if more employees cost more to employ than how much they add to the profit of the company, then they aren’t being used efficiently.
3 0
3 years ago
Novak corp. sells a snowboard, ezslide, that is popular with snowboard enthusiasts. below is information relating to novak corp.
Rom4ik [11]

Answer:

a. The value of ending Inventory using FIFO is $2749.

b. The value of ending Inventory using LIFO is $2667.

c. The value of ending Inventory using Average Cost method is $2713.


We have:

Date     Explanation       Units      unit cost   Total Cost


Sep-01         inv                 11              97                1067


Sep-12 purchases        44               100              4400


Sep-19 purchases         47               101              4747


Sep-26 purchases         22               102              2244


Total                                 124                                  12458


Novak sold 97 snowboards, so the number of snowboards with it at the end of September is 124 -97 = 27 units.

If Novak adopts First In First Out (FIFO) method, and 27 units are remaining, all 22 units purchased on Sept-26th and 27 -22 = 5 units from the purchases made on Sept-19th will remain in inventory.

So the value of inventory using FIFO will be (22* 102) + (5*101) = 2749

If Novak adopts Last In First Out (LIFO) method, all 11 units in inventory on  Sept-01st and 27 -11 = 16 units from the purchases made on Sept-12th will remain in inventory.

Hence inventory value using LIFO will be (11* 97) + (16*100) = 2667

We calculate the Average cost by dividing the Total Cost by total number of units purchased.

Average Cost = \frac{12458}{124} = 100.468

The value of inventory using the average cost method is 100.648 * 27 =2713.

3 0
3 years ago
Read 2 more answers
HURRY HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
LenaWriter [7]
It's absolutely True !!
8 0
3 years ago
Read 2 more answers
Straight Industries purchased a large piece of equipment from Curvy Company on January 1, 2019. Straight Industries signed a not
Damm [24]

Answer:

$30,604

Explanation:

The computation of the interest expense for the year 2020 is as follows:

2019 interest expense is

= Equipment amount × rate of interest

= $311,967 × 9%

= $28,077

The Dec 31 2019 liability of book value is

= $311,967 + $28,077

= $340,044

Now the interest expense for the year 2020 is

= $340,044 × 0.09

= $30,604

3 0
3 years ago
SEC Rule 144A permits the resale of non registered securities to all of the following EXCEPT:(A)insurance companies(B)banks(C)mu
Sholpan [36]

Answer:

Option "D" is the correct answer to the following statement.

Individual

Expectation:

Rule 144A permits the resale of licensed shares by the public and tests them if Restricted shares are securities purchased from private, unregistered transactions from companies or organizations. Additional securities that the issuer purchases do not affect the Authority allows market place trading.

So, SEC rule 144A does not permit the resale of non registered securities of the individual.

8 0
4 years ago
Other questions:
  • When potential real GDP is equal to​ 70, this economy is in recession . The amount of the shortfall in planned aggregate expendi
    13·1 answer
  • Web sites that list careers in an organization _____. a. are most appropriate for recruiting internal applicants b. encourage un
    5·1 answer
  • Model 25% with a 10×10 grid.
    7·1 answer
  • Judy has been having a very difficult time at work. Her supervisor is constantly making her work long hours and is usually very
    8·1 answer
  • Discuss the concept of ethics. Why is the purchasing profession particularly sensitive to this topic
    6·1 answer
  • Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil
    15·1 answer
  • Kevin Chitry, a sales executive for CIT Manufacturing, frequently took clients out for dinner and shows when they came to town t
    14·1 answer
  • In order to determine the average variable cost, the firm's variable costs are divided by _______________________.
    14·1 answer
  • The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes fo
    9·1 answer
  • The Marketing Plan identifies all but which of the following:A.necessary market shareB.qualityC.flexibilityD.resourcesE.targeted
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!