_________________ is a decision making process that ensures that each member participates thought a multi-phase resolution process.
Fill in the blank(s) with correct word
Which area is usually the largest comp line item on a casino P&L?
a. Comp Food
b. Comp Beverage
c. Comp Rooms
d. Comp Gift Shop
e. None of the Above
We can obtain the benefits of diversification if two assets have less than perfect positive correlation.
Indicate whether the statement is true or false
Each mixing station is laid out exactly the same because:
A) Makes the bar more efficient
B) Most bartenders are right handed
C) Will create the same time and motion to pour a drink
D) Left handed people have adapted right handed ways
E) All of the above
Foodservice Minimums are typically implemented to
a. Make membership support a poorly managed foodservice program
b. Encourage usage of club services while supporting inherent operating costs
c. Allow menu prices to be marked-up because members must spend their minimums
d. Financially penalizing members not using club services
e. It's simply another creative form of member dues
_________________ is a problem solving method that encourages individuals with different perspectives to arrive at a mutually agreeable solution.
Fill in the blank(s) with correct word
Which of the following is true about how adults learn?
a) Adults have to want to learn something.
b) Adults do better in one long training session rather than several shorter sessions because their time is limited.
c) It is best for adults to try for speed from the beginning. Accuracy will follow.
d) Trainers should be careful to not be too repetitious so as to keep the trainees interested.
e) All of the above are true.
When adding additional bartenders, what is the recommended square footage to add?
A) 30 to 50 more space
B) 25 more space
C) 30 to 50 square feet
D) 25 square feet
E) All of the above
Club foodservice typically have,
a. Higher labor cost budgets and greater food pricing
b. Value menu prices and lower food costs
c. Higher Cost of Good and Labor Budgets
d. Lower food sales and higher beverage
e. Similar factors to that of the QSR sector
Would this be a possible situation for a co-branded concept? Could a co-branded unit like this compete successfully with Starbucks? Why or why not?
What will be an ideal response?