HFT 3263 FINAL STUDY GUIDE 280 QUESTIONS
WITH ACCURATE SOLUTIONS!!
Which is not a reason for entering the restaurant business? 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? Answer - Hard
work
Which can be a disadvantage of being in the restaurant business? Answer -
Long hours & lack of job security
Usually, the busiest periods in the restaurant business are during the
__________. Answer - weekends
A restaurant with a million-dollar sales volume per year can generate
__________ per year in profit before taxes. Answer - $150,000 to $200,000
The restaurant often credited as the first in the United States was __________.
Answer - Coles Ordinary
What is/are the advantage(s) in running a family-owned restaurant? Answer -
Lower Cost and Less danger of theft
,Who is thought to be the first restaurant proprietor? Answer - Boulanger
A sandwich shop can usually be opened for less than __________. Answer -
$30,000
Dr. H.G. Parsa's study found that new restaurants had a first year failure rate of
Answer - 26%
A 100-seat fully equipped casual dining restaurants may cost ______ per seat.
Answer - $6,000 - $10,000
Franchising a restaurant involves 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? 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 Answer - 19%
Individual restaurant operators have an advantage over chain operators
because 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. 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?
Answer - Building
, Which involves the least financial risk, yet the psychological risk may be high?
Answer - Managing
As one operator put it - all you really need to open up a sandwich shop is a
Answer - bread, meat, cheese
One of the most popular reasons why thousands of people seek to go into the
restaurant industry is Answer - the possible financial rewards
__________ was quoted saying "If you have fun at what you do, you'll never
work a day in Answer - Norman Brinker
Which chef owns the restaurant No. 9 Park, in Boston's Beacon Hill
neighborhood? Answer - Barbara Lynch
The average check for fine dining runs __________ or more. Answer - $60
Which refers to the cuisine and service provided in restaurants where food,
drink, and service are expensive and usually leisurely? Answer - Fine Dining
Whose mission is to awaken our thinking about food selection and its
relationship to the planet? Answer - Alice Waters
What are the responsibilities of a franchisee? Answer - hiring employees and
operating the store
Which concept has the most sales of all the segment ratings? Answer - Burgers
WITH ACCURATE SOLUTIONS!!
Which is not a reason for entering the restaurant business? 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? Answer - Hard
work
Which can be a disadvantage of being in the restaurant business? Answer -
Long hours & lack of job security
Usually, the busiest periods in the restaurant business are during the
__________. Answer - weekends
A restaurant with a million-dollar sales volume per year can generate
__________ per year in profit before taxes. Answer - $150,000 to $200,000
The restaurant often credited as the first in the United States was __________.
Answer - Coles Ordinary
What is/are the advantage(s) in running a family-owned restaurant? Answer -
Lower Cost and Less danger of theft
,Who is thought to be the first restaurant proprietor? Answer - Boulanger
A sandwich shop can usually be opened for less than __________. Answer -
$30,000
Dr. H.G. Parsa's study found that new restaurants had a first year failure rate of
Answer - 26%
A 100-seat fully equipped casual dining restaurants may cost ______ per seat.
Answer - $6,000 - $10,000
Franchising a restaurant involves 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? 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 Answer - 19%
Individual restaurant operators have an advantage over chain operators
because 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. 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?
Answer - Building
, Which involves the least financial risk, yet the psychological risk may be high?
Answer - Managing
As one operator put it - all you really need to open up a sandwich shop is a
Answer - bread, meat, cheese
One of the most popular reasons why thousands of people seek to go into the
restaurant industry is Answer - the possible financial rewards
__________ was quoted saying "If you have fun at what you do, you'll never
work a day in Answer - Norman Brinker
Which chef owns the restaurant No. 9 Park, in Boston's Beacon Hill
neighborhood? Answer - Barbara Lynch
The average check for fine dining runs __________ or more. Answer - $60
Which refers to the cuisine and service provided in restaurants where food,
drink, and service are expensive and usually leisurely? Answer - Fine Dining
Whose mission is to awaken our thinking about food selection and its
relationship to the planet? Answer - Alice Waters
What are the responsibilities of a franchisee? Answer - hiring employees and
operating the store
Which concept has the most sales of all the segment ratings? Answer - Burgers
