Sources of information for measuring performance are
A) increases in business B) observations and reporting
C) company financial records D) word of mouth
What are five reasons a company or organization might contract its food or other services with a managed service company?
What will be an ideal response?
To position successfully, a company must focus entirely on recognizing the marketplace.
Indicate whether the statement is true or false
A market penetration rate of more than 100 of the fair share indicates a competitive advantage.
Indicate whether the statement is true or false
Allocated costs:
A) apportion overhead costs to departments via a formula
B) are usually equal for every department
C) should only be applied to new projects
D) are equivalent to cash flows
The most important decisions affecting elementary/secondary schools and the foodservices within them are made by persons without full-time management responsibilities for the school.
Indicate whether the statement is true or false
The control process has five steps, the first of which is
A) comparing actual performance to standards
B) determining goals
C) setting standards
D) managerial action to correct performance
E) measuring performance
List five features that distinguish managed services from commercial foodservice.
What will be an ideal response?
Salient, important, and determinant attributes are all complimentary to each other.
Indicate whether the statement is true or false
When a consultant suggests specific facilities to a developer, the consultant should include the rationale for the suggestion in the report.
Indicate whether the statement is true or false
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