Briefly describe market - oriented pricing characteristics, Marketing Management

Assignment Help:

Question 1:

a) Distinguish clearly between the aims and the specific objectives of a food and beverage operation. Critically assess some of the specific "qualitative" and "quantitative" objectives in Food & Beverage Operations.

b) Briefly describe market - oriented pricing characteristics.

Question 2:

a) The Gateway Hotel consists of one main kitchen, which caters for the two outlets of the hotel, the buffet and the à la carte restaurant. The kitchen serves an average of 150 covers daily for dinner. Being the newly recruited Food and Beverage Manager, you have been assigned the task of monitoring the cost of food that is served in the restaurant. Using the figures and information given below; calculate:

I. The food cost,
II. The food cost percentage for the month

As per reports, the value of closing stock for the month of December was estimated at Rs 75, 000. Requisitions from stores are done on a daily basis, which amounted to Rs625, 000.

All perishables are delivered by the supplier at the outlet on specific days, the value estimated for the month was Rs250, 000.The kitchen generates grease and steward sales, which amount to Rs1500 and Rs4400 respectively.Various complimentary items are given to VIP guests upon arrival, which amount to Rs12, 500.Gratis to bar amounts to Rs10, 500.


Related Discussions:- Briefly describe market - oriented pricing characteristics

Caselet, considering the concept of product life cycle, where would you put...

considering the concept of product life cycle, where would you put video games in their life cycle?

How will the manufacturers achieve customer loyalty, The motor car retail i...

The motor car retail industry is one that is always facing numerous challenges. For car dealer businesses to survive, they must clearly demonstrate to consumers that they represen

Pre calc, what is the square root of 9?

what is the square root of 9?

Caselet, considering the concept of product life cycle, where would you put...

considering the concept of product life cycle, where would you put video games in their life cycle?

What is granular disintegration, What is granular disintegration In dr...

What is granular disintegration In dry climates a yet another  mechanism operates much like frost action, in this process the ground water is drawn to the surface, which on ev

Buying process, what is proposal solicitation in buying process

what is proposal solicitation in buying process

Explain the term service encounter, Question : (a) Explain the term se...

Question : (a) Explain the term service encounter. (b) With reference to examples of services, discuss the three levels of customer contact services. (c) One tre

Describe characteristics of relationship marketing, Question 1: (i). D...

Question 1: (i). Describe briefly characteristics of relationship marketing. (ii). Produce a report on relationship marketing for a forthcoming sales conference. Outline

What is the holistic marketing concept, What is the holistic marketing conc...

What is the holistic marketing concept? The Holistic Marketing Concept: An entire set of forces which appeared in the final decade call for new business and marketing practic

Write Your Message!

Captcha
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