Inputs and outputs in the food service systems model

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Reference no: EM132150120

1. Managerial Economics is concerned with the application of economic principles and methodologies to the decision making process within the firm or organization. Clearly explain the six (6) steps proposed by Samuelson and Marks (2012) for decision making.

2. What is a compensation scorecard and how does it help align a company's strategy with its compensation system?

3. Explain the functions of procurement and how each interacts with inputs and outputs in the Food service systems model.

Reference no: EM132150120

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