Deck 12: Controlling Food Sales

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Question
Sales control is a synonym for revenue control.
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Question
When a customer expresses a preference for the product of one restaurant over that of another, it may be said that the preferred restaurant is offering a product that is differentiated.
Question
Prime ribs of beef is a signature item for most restaurants.
Question
A price-sensitive menu item is one for which price increase result in sales volume decreases.
Question
A homogeneous product is one for which price increases are unlikely to affect sales volume.
Question
Menu mix percentage is the ratio of total dollar sales for one menu to total dollar sales for a similar menu used on a different day.
Question
Quality of product is the single most important factor in the success of a restaurant.
Question
"Dupes"
are customers to whom servers can readily sell almost any menu item.
Question
Which of the following is NOT a goal of sales control?

A) controlling revenue
B) optimizing number of sales
C) purchasing ingredients at lowest prices
Question
Given a choice of four restaurants offering relatively homogeneous products, customers would tend to select the restaurant:

A) with the most attractive decor
B) that was most convenient to reach
C) with the highest prices
Question
If sales volume for a product increases when the sales price is lowered, the product is said to be:

A) price-sensitive
B) differentiated
C) a signature item
Question
Perhaps the most widely used approach to menu pricing is:

A) pricing to meet competitors' prices
B) calculating prices using costs and cost percents
C) determining prices by adding desired contribution margin to item cost
Question
Some restaurants are successful in charging higher prices for their menu items because their products are:

A) homogeneous
B) price-sensitive
C) differentiated
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Deck 12: Controlling Food Sales
1
Sales control is a synonym for revenue control.
False
2
When a customer expresses a preference for the product of one restaurant over that of another, it may be said that the preferred restaurant is offering a product that is differentiated.
True
3
Prime ribs of beef is a signature item for most restaurants.
False
4
A price-sensitive menu item is one for which price increase result in sales volume decreases.
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5
A homogeneous product is one for which price increases are unlikely to affect sales volume.
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6
Menu mix percentage is the ratio of total dollar sales for one menu to total dollar sales for a similar menu used on a different day.
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7
Quality of product is the single most important factor in the success of a restaurant.
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8
"Dupes"
are customers to whom servers can readily sell almost any menu item.
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9
Which of the following is NOT a goal of sales control?

A) controlling revenue
B) optimizing number of sales
C) purchasing ingredients at lowest prices
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10
Given a choice of four restaurants offering relatively homogeneous products, customers would tend to select the restaurant:

A) with the most attractive decor
B) that was most convenient to reach
C) with the highest prices
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11
If sales volume for a product increases when the sales price is lowered, the product is said to be:

A) price-sensitive
B) differentiated
C) a signature item
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12
Perhaps the most widely used approach to menu pricing is:

A) pricing to meet competitors' prices
B) calculating prices using costs and cost percents
C) determining prices by adding desired contribution margin to item cost
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13
Some restaurants are successful in charging higher prices for their menu items because their products are:

A) homogeneous
B) price-sensitive
C) differentiated
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