HFT 3263 Final Study Guide questions
with verified answers 2025/2026
already passed
Which is not a reason for entering the restaurant business? - correct answer ✔✔Holidays off
When asked by the author and others what helped most 'in getting where you are today," which
of the following was the number one factor? - correct answer ✔✔Hard work
Which can be a disadvantage of being in the restaurant business? - correct answer ✔✔Long
hours & lack of job security
Usually, the busiest periods in the restaurant business are during the __________. - correct
answer ✔✔weekends
A restaurant with a million-dollar sales volume per year can generate __________ per year in
profit before taxes. - correct answer ✔✔$150,000 to $200,000
The restaurant often credited as the first in the United States was __________. - correct answer
✔✔Coles Ordinary
What is/are the advantage(s) in running a family-owned restaurant? - correct answer ✔✔Lower
Cost and Less danger of theft
Who is thought to be the first restaurant proprietor? - correct answer ✔✔Boulanger
A sandwich shop can usually be opened for less than __________. - correct answer ✔✔$30,000
,Dr. H.G. Parsa's study found that new restaurants had a first year failure rate of - correct answer
✔✔26%
A 100-seat fully equipped casual dining restaurants may cost ______ per seat. - correct answer
✔✔$6,000 - $10,000
Franchising a restaurant involves - correct answer ✔✔the least financial risk compared to
independent restaurants and least financial risk to professional managers
Why do guests at P J Clark's still write their own guest checks? - correct answer ✔✔Because
historically servers could not read or write
H.G. Parsa found the actual failure rate of restaurants during the second year of operation is -
correct answer ✔✔19%
Individual restaurant operators have an advantage over chain operators because - correct
answer ✔✔their presence on the job can make the difference
H.G. Parsa found the actual failure rate of restaurants after operating for 3 years is. - correct
answer ✔✔59%
Which has the highest original investment needed, highest psychological cost of failure, highest
financial risk as well as provides a high potential for reward? - correct answer ✔✔Building
Which involves the least financial risk, yet the psychological risk may be high? - correct answer
✔✔Managing
, As one operator put it - all you really need to open up a sandwich shop is a - correct answer
✔✔bread, meat, cheese
One of the most popular reasons why thousands of people seek to go into the restaurant
industry is - correct answer ✔✔the possible financial rewards
__________ was quoted saying "If you have fun at what you do, you'll never work a day in -
correct answer ✔✔Norman Brinker
Which chef owns the restaurant No. 9 Park, in Boston's Beacon Hill neighborhood? - correct
answer ✔✔Barbara Lynch
The average check for fine dining runs __________ or more. - correct answer ✔✔$60
Which refers to the cuisine and service provided in restaurants where food, drink, and service
are expensive and usually leisurely? - correct answer ✔✔Fine Dining
Whose mission is to awaken our thinking about food selection and its relationship to the
planet? - correct answer ✔✔Alice Waters
What are the responsibilities of a franchisee? - correct answer ✔✔hiring employees and
operating the store
Which concept has the most sales of all the segment ratings? - correct answer ✔✔Burgers
Meals can be ordered and delivered via the Internet the same way as fresh flowers due to
__________. - correct answer ✔✔centralization
with verified answers 2025/2026
already passed
Which is not a reason for entering the restaurant business? - correct answer ✔✔Holidays off
When asked by the author and others what helped most 'in getting where you are today," which
of the following was the number one factor? - correct answer ✔✔Hard work
Which can be a disadvantage of being in the restaurant business? - correct answer ✔✔Long
hours & lack of job security
Usually, the busiest periods in the restaurant business are during the __________. - correct
answer ✔✔weekends
A restaurant with a million-dollar sales volume per year can generate __________ per year in
profit before taxes. - correct answer ✔✔$150,000 to $200,000
The restaurant often credited as the first in the United States was __________. - correct answer
✔✔Coles Ordinary
What is/are the advantage(s) in running a family-owned restaurant? - correct answer ✔✔Lower
Cost and Less danger of theft
Who is thought to be the first restaurant proprietor? - correct answer ✔✔Boulanger
A sandwich shop can usually be opened for less than __________. - correct answer ✔✔$30,000
,Dr. H.G. Parsa's study found that new restaurants had a first year failure rate of - correct answer
✔✔26%
A 100-seat fully equipped casual dining restaurants may cost ______ per seat. - correct answer
✔✔$6,000 - $10,000
Franchising a restaurant involves - correct answer ✔✔the least financial risk compared to
independent restaurants and least financial risk to professional managers
Why do guests at P J Clark's still write their own guest checks? - correct answer ✔✔Because
historically servers could not read or write
H.G. Parsa found the actual failure rate of restaurants during the second year of operation is -
correct answer ✔✔19%
Individual restaurant operators have an advantage over chain operators because - correct
answer ✔✔their presence on the job can make the difference
H.G. Parsa found the actual failure rate of restaurants after operating for 3 years is. - correct
answer ✔✔59%
Which has the highest original investment needed, highest psychological cost of failure, highest
financial risk as well as provides a high potential for reward? - correct answer ✔✔Building
Which involves the least financial risk, yet the psychological risk may be high? - correct answer
✔✔Managing
, As one operator put it - all you really need to open up a sandwich shop is a - correct answer
✔✔bread, meat, cheese
One of the most popular reasons why thousands of people seek to go into the restaurant
industry is - correct answer ✔✔the possible financial rewards
__________ was quoted saying "If you have fun at what you do, you'll never work a day in -
correct answer ✔✔Norman Brinker
Which chef owns the restaurant No. 9 Park, in Boston's Beacon Hill neighborhood? - correct
answer ✔✔Barbara Lynch
The average check for fine dining runs __________ or more. - correct answer ✔✔$60
Which refers to the cuisine and service provided in restaurants where food, drink, and service
are expensive and usually leisurely? - correct answer ✔✔Fine Dining
Whose mission is to awaken our thinking about food selection and its relationship to the
planet? - correct answer ✔✔Alice Waters
What are the responsibilities of a franchisee? - correct answer ✔✔hiring employees and
operating the store
Which concept has the most sales of all the segment ratings? - correct answer ✔✔Burgers
Meals can be ordered and delivered via the Internet the same way as fresh flowers due to
__________. - correct answer ✔✔centralization
