Reference no: EM132266768
1. To assess Barcelona restaurant’s daily and weekly operating success, Chief Operating Officer Scott Lawton uses video monitoring, secret shopper reports, customer e-mails, and on-site observation. Such ongoing assessment is part of:
Setting standards
Comparison to standards
Taking corrective action
Budgeting
2. Which of the following tells Barcelona owner Andy Pforzheimer if his restaurants are operating at a profit or loss?
Marketing research
Performance appraisals
Six Sigma
Income statements
3. During Barcelona Restaurant’s weekly “war room” meetings, managers and chefs evaluate multiple performance measures, from financial numbers and customer feedback to competition between restaurants. This illustrates the following approach to controlling:
External financial audit
The balanced scorecard
Six Sigma
None of these
4. During the weekly meeting, managers analyze Barcelona’s financial performance by:
Reviewing secret shopper comment cards
Examining average food costs and menu prices
Watching video surveillance cameras
None of these
5. At the end of the meeting, Barcelona owner Andy Pforzheimer offers managers worksheets to help them remedy the problem of mismanaged food costs and menu prices at the restaurant. This is an example of:
Adopting international standards
Using a balance sheet
Measuring actual performance
Taking corrective action
6.Offering financial bonuses to restaurant managers to incentivize their compliance with set performance goals is typical of the following control approach:
Bureaucratic control
Decentralized control
Self-management
Open book management
7. A type of benchmarking discussed in the video is:
General managers are given financial bonuses
Chefs are not given financial bonuses
Chefs and general managers from different Barcelona Restaurant locations compare costs and practices and compete against each other
The owner of Barcelona says he has high standards of excellence
8. Barcelona Restaurant Group’s emphasis on customers and customer satisfaction is intended to prevent:
Customer defections
Financial rations
Backward control
Corrective action