The Cost Benefit Analysis in business is based on the ethical theory of:
a. Justice
b. Rights
c. Relativism
d. Utilitarianism
e. Universalism
A manager at a local food service establishment recently calculated her food cost percentage to be 43. This percentage is:
A) very high.
B) sort of low.
C) can't tell.
D) high, but not too high.
_________________ is performed by managers who are good at integrating and producing work arrangements among team members.
Fill in the blank(s) with correct word
If the Blue Moon Bistro's sales were 80,000 and the cost of labor was 19,000 what is their labor cost percentage? Is this below industry average?
A) 15.2, yes
B) 15.2, no
C) 23.75, yes
D) 23.75, no
E) 42.11 no
The correct way to make an ethical decision is to:
a. Follow the law.
b. Do only what you think is right.
c. Follow your company's rules and practices.
d. Apply the Golden Rule to every situation.
e. None of the above.
A share of Outback Steakhouse common stock sells for 37. If the P/E ratio is 15, how much are the earnings per share?
A) 5.55
B) 22
C) 52
D) 2.47
_________________ are physical surroundings that carry no psychological consequences.
Fill in the blank(s) with correct word
Which of the following is the preferred measure of hotel performance?
A) ADR
B) occupancy percentage
C) REVPAR
D) number of available room nights
_________________ are a type of self-directed team, most often composed of senior executives who focus on strategic issues.
Fill in the blank(s) with correct word
If total revenue is 100,000, net income is 40,000, and total assets equal 200,000, then return on investment is
A) 20 percent.
B) 40 percent.
C) 50 percent.
D) none of the above.
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