DTR EXAM REVIEW: FOODSERVICE
SYSTEMS WITH CORRECT SOLUTIONS
What financial information is obtained by subtracting cost of goods sold from total sales
in a given period? - ANSWER-Gross profit
Having the same or similar outputs result from different inputs is called - ANSWER-
equifinality.
Which market segmentation variable consists of characteristics such as age, gender,
race, ethnicity, income, education, and occupation? - ANSWER-Demographic
Outputs of a food service system - ANSWER-The outputs are the goods and services
that result from transforming the inputs of the system and express how objectives are
achieved. Customer and employee satisfaction and financial accountability are desired
outcomes in a foodservice system.
mission statement. - ANSWER-A mission statement describes what a company does
that is different from others.
vision - ANSWER-A vision is a statement of what a company wants to achieve in the
future, and strategies are the decisions and actions to assist a company to meet its
objectives.
Demographic - ANSWER-variables are those that can be used to describe a person,
such as age, race, income, and so on.
Geographic - ANSWER-Geographic variables describe a physical location
psychographic - ANSWER-psychographic variables describe personality, interests, or
beliefs
sociographic - ANSWER-variables are those that describe a society.
Percentage for food cost equation - ANSWER-100/Desired food cost % = cost factor
Raw food cost x cost factor = markup
The two financial statements primarily used by foodservice managers to analyze
operational effectiveness are the: - ANSWER-income statement and balance sheet.
strategic planning. - ANSWER-it is a continuous and systematic process in which
people make decisions about intended future outcomes, how outcomes are to be
accomplished, and how success is measured and evaluated.
SYSTEMS WITH CORRECT SOLUTIONS
What financial information is obtained by subtracting cost of goods sold from total sales
in a given period? - ANSWER-Gross profit
Having the same or similar outputs result from different inputs is called - ANSWER-
equifinality.
Which market segmentation variable consists of characteristics such as age, gender,
race, ethnicity, income, education, and occupation? - ANSWER-Demographic
Outputs of a food service system - ANSWER-The outputs are the goods and services
that result from transforming the inputs of the system and express how objectives are
achieved. Customer and employee satisfaction and financial accountability are desired
outcomes in a foodservice system.
mission statement. - ANSWER-A mission statement describes what a company does
that is different from others.
vision - ANSWER-A vision is a statement of what a company wants to achieve in the
future, and strategies are the decisions and actions to assist a company to meet its
objectives.
Demographic - ANSWER-variables are those that can be used to describe a person,
such as age, race, income, and so on.
Geographic - ANSWER-Geographic variables describe a physical location
psychographic - ANSWER-psychographic variables describe personality, interests, or
beliefs
sociographic - ANSWER-variables are those that describe a society.
Percentage for food cost equation - ANSWER-100/Desired food cost % = cost factor
Raw food cost x cost factor = markup
The two financial statements primarily used by foodservice managers to analyze
operational effectiveness are the: - ANSWER-income statement and balance sheet.
strategic planning. - ANSWER-it is a continuous and systematic process in which
people make decisions about intended future outcomes, how outcomes are to be
accomplished, and how success is measured and evaluated.
