Explain how to address food cost

Assignment Help Marketing Management
Reference no: EM13738717

You have just been called for your third and final interview for a position as the food and beverage manager for the Ocean Beach Café. You have been asked to prepare a report for this interview in which you will address several items that are critical to your success and, more importantly, to the success of the Ocean Beach Café. In your paper:

Identify who you would involve in this process and explain why.

Identify the type of budget you will use and explain how this will be helpful in your new job.

Describe how this report can be used to discipline your managers.

Indicate how you would calculate labor cost and describe what you can do to control labor cost.

Explain how to address food cost.

Identify internal controls that you can use to minimize your losses of food and beverages.

Identify how inventories will be conducted and explain why this is important to your food and beverage cost.

Explain how the new menu relates to profitability.

Describe what cost-volume-profit (CVP) analysis and break-even analysis are and determine how these should be used in making decisions regarding the menu.

Distinguish the difference between price and value and describe management's responsibilities with regard to each.

Reference no: EM13738717

Questions Cloud

Economic security for workers and their families : The Federal Insurance Contribution Act (FICA) is part of the social security program planned by the federal government to provide economic security for workers and their families.
Ethical scholarship in appropriate-accurate representation : Write in a clear, concise, and organized manner. Your response should demonstrate ethical scholarship in appropriate and accurate representation and attribution of sources (i.e., APA); and display accurate spelling, grammar, and punctuation.
What are the similarities that you notice : From the first e-Activity, compare and contrast the approach to product adaptation in foreign markets from the video you viewed to the company that you researched. What are the similarities that you notice between the two companies
Problem for inventory management : To be competitive, many fast-food chains expanded their menus to include a wider range of foods. Although contributing to competitiveness, this has added to the complexity of operations, including inventory management. In what ways did the expansi..
Explain how to address food cost : You have just been called for your third and final interview for a position as the food and beverage manager for the Ocean Beach Café. Explain how to address food cost
Success of an organization : The success of an organization depends heavily on its structure, strategies, and culture. In this assignment, you will develop an understanding of the importance of these elements in the success/failure of an enterprise.
Collects additional primary data about the buyers : A 10-question survey that you will use for your final marketing plan, that collects additional primary data about the buyers
Product costing systems : Which costs should be included in product cost and at what level of detail should we track direct product costs
What is the f-distribution : What is the F-distribution? What role does the F-distribution (specifically the critical value of the F distribution) play in determining if there is a difference among groups in an ANOVA test? How do you know if that difference is statistically s..

Reviews

Write a Review

Marketing Management Questions & Answers

  Is this a model every business should adopt

Case- Managing Individual Behavior, Is this a model every business should adopt

  Explanations of whether the message and technology were

analyze the messages using the communication process. the analysis should include a descriptive explanation of

  What are the advantages and disadvantages of social media

Social Media Paper: What are the advantages and disadvantages of social media

  What are cycle stock and safety stock? should it have either

PRMM Motors has been a popular engine company in Europe for several years, and it manufactures engines and components that range from engine blocks to gaskets. What are cycle stock and safety stock? Should it have either

  To create a comprehensive marketing plan for hospitality

To create a comprehensive marketing plan for a destination of your choice, applying skills and knowledge gained through course concepts and tools

  Explain sales and relationship management

Explain Sales and Relationship Management and need to explain the importance of customer service and customer support in an e-business

  For this question describe your own verbal communication

luthans and doh 2012 discuss several characteristics of communication. more specifically they discuss verbal

  What is the null hypothesis for an anova how does it differ

answer both questions below with just a paragraph of explanation.what is the null hypothesis for an anova? how does it

  Identify a macro economic change that can have an impact on

as the marketing manager of a b2b organisation of your choice you are required to produce a report that encompasses the

  Explain global e-business

Explain Global e-business and what are key issues that must be addressed by global companies

  Case study-nordstrom: performance goals

Case Study: Nordstrom: Performance Goals, Nordstrom creates an open atmosphere, in which every associate's sales figures are made available to everyone else. Explain the positive impacts

  Which stakeholders benefited and which were hurt

Which stakeholders benefited, and which were hurt, by JPMorgan's actions in this case? For those that were hurt, wasn't this a risk they were willing to take

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd