Design Exam Questions with 100%
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5..M's..of..Success..-..Correct..Answer-
Menu,..Market,..Money..needed,..competent..Management,..Method..of..execution
4..Key..topics..for..market..research..-..Correct..Answer-
Target..customers,..size..of..target..market,..tastes..of..target..market,..strengths..of..i
nternal..marketing
Primary..cause..of..failure?..-..Correct..Answer-Not..enough..working..capital
First..phase..of..design..funding?..-..Correct..Answer-
Estimate..total..money..needs,..contact..possible..financial..backers
Second..phase..of..design..funding?..-..Correct..Answer-
Investors..commit..after..concept..development,..preliminary..designs..&..building..
estimates..are..ready
5..managerial..factors..to..establish..-..Correct..Answer-
1...Who..will..run..daily..affairs?
2...What..kind..of..experience..is..required?
3...Will..there..be..assistant..managers?
, 4...What..is..the..pay../..promotion..scale..for..employees?
5...Policies..and..communication?
6..method..of..execution..factors..to..establish..-..Correct..Answer-
1...Prepared..or..from..scratch..foods
2...Beverage..systems
3...Cash..control../..sales..analysis
4...Guest..check..management?
5...Purchasing../..receiving..control?
6...Portion..control?
4..employee..factors..to..establish..-..Correct..Answer-
1...Required..labor..&..schedules
2...Operating..hours..&..staffing..patterns
3...Skill..levels,..benefits,..&..supervision
4...Pay..issues
What..is..a..feasibility..study?..-..Correct..Answer-
The..process..of..determining..whether..or..not..a..proposed..operation..is..likely..to..r
eturn..a..profit..(ROI..analysis)
What..are..the..two..types..of..feasibility..studies?..-..Correct..Answer-
Market..feasibility..study..&..financial..feasibility..study
What..is..a..market..feasibility..study?..-..Correct..Answer-
Studies..issues..associated..with..the..marketplace...Analysis..of..demographics,..eat