Noncash method of payment

Assignment Help Business Management
Reference no: EM132954857

As increased numbers of guests elect to use a noncash method of payment, the importance of cash control is being replaced, to some degree, by the importance of payment card control. Do you see a time in the future when noncash payment forms will completely replace cash payments? Explain your answer.

Reference no: EM132954857

Questions Cloud

Future cost control-related decision : The best managers compare their actual cost performance to their attainable performance. Why is this comparison especially valuable for their future cost contro
Greater emphasis on labor costs : Historically, foodservice managers have established prices for their menu items based on the amount paid for the ingredients used to make the items.
Calculate gross profit margin for the year : Calculate Gross profit margin for the year 2018, 2019, 2020. Provide explanation on the ratio and Calculate net profit margin for the year 2018, 2019, 2020
Food cost percentage and the cm methods : How would you explain to a new, and inexperienced, foodservice manager the basic differences between the food cost percentage and the CM methods of menu item pr
Noncash method of payment : As increased numbers of guests elect to use a noncash method of payment, the importance of cash control is being replaced, to some degree, by the importance of
Convert huge amounts of pos : One of the fastest growing career paths in the hospitality industry today is that of a data scientist. Data scientists, trained in the use of research design, s
Beverage manager revenue security efforts : Managers can choose from free pour, metered pour, beverage gun, and total bar systems when deciding how to control their beverage costs.
Analyze the five business-level strategies : Analyze the five business-level strategies discussed in Chapter 4 to determine which strategy most likely applies to Aldi
Calculate the cash receipts from customers during the year : Calculate the cash receipts from customers during the year and Calculate the cash payments to suppliers during the year

Reviews

Write a Review

Business Management Questions & Answers

  Diversity leadership external source critique

1. What is deep level and surface level diversity discussed in leadership? As a leader how can you implement diversity training in your organization?

  Conducting a proper investigation and mediation

What did you find interesting? Why do you think conducting a proper investigation and mediation is critical to organizations and employees? Can a sloppy investigation cost an organization money?

  Outsource agreements with firms with specialized services

Find one example of of how companies in different industries entered into outsource agreements with firms with specialized services.

  Quality of life and living standards

Share your estimate of your future financial need, in terms of annual earnings. Share your desired quality of life and living standards.

  Supply chain management-costs of transportation portion

What processes and procedures would you implement to maximize the efficiency and minimize the costs of the transportation portion of your company's supply chain

  Introduce specific public policy area such as education

Introduce a specific public policy area such as education, national defense, welfare, immigration, employment, monetary policy, intellectual property

  How is position and personal power defined

How is position and personal power defined in your current or in a past employment environment?

  What the price should be so as to achieve the highest profit

For this part, assume that the airline charges a single price to all customers. Using the demand function for total demand determined

  Approaches to contracting

Would it be to your advantage to employ a competitive method or a noncompetitive method? Would your choice be different if you were the seller? Why or why not?

  Discuss the fundamental problems of information silos

Explain what an information silo is and discuss the fundamental problems of information silos. Close the discussion by explaining how this problem.

  Role of healthcare professionals and stakeholders

What is the concept of patient centered care and the role of healthcare professionals and stakeholders have to ensure patient advocacy?

  Create a mind map or diagram with defense in depth approach

Read the article "The Vulnerability of Nuclear Facilities to Cyber Attacks". With the knowledge gleaned from the course, create a mind map or diagram with your defense in depth approach to securing a nuclear power plant.

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