Which of the following can help to control food waste in buffet operations?
A) Offering only inexpensive items B) Raising prices
C) Technology D) All the above are useful tactics.
One example of a perpetuity is the dividends paid on preferred stock.
Indicate whether the statement is true or false
The 'what's left over' type of marketing budget strategy is typically used by sole proprietors.
Indicate whether the statement is true or false
The most common type of franchise used in foodservice and lodging operations is
A) trade name B) business format C) product D) none of the above
In an ordinary annuity, payments are made at the beginning of each period.
Indicate whether the statement is true or false
The dining room manager in a family-service operation offering table-service supervises all of the following positions except:
A) buspersons. B) bartenders. C) cashiers. D) receptionists.
The traits of intrapreneurs are ________ to those of entrepreneurs.
A) very different B) very similar
Blogs are an effective advertising channel to market to potential new customers.
Indicate whether the statement is true or false
Franchisees sometimes accuse of franchisors of:
A) skimming B) nonconforming C) slow-paying D) encroachment
Reasons for new business failure basically focus on all of the following except:
A) no luck. B) unrealistic business plans.
C) lack of management ability. D) lack of financing/funding.
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