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Author Question: A restaurant assumes that an item has a popular menu mix percentage if sales are at least 70% of its ... (Read 67 times)

karlynnae

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Question 1

A pricing that is based on how many people want the product is known as
◦ price-value pricing.
◦ market-driven pricing.
◦ demand-driven pricing.
◦ competition pricing.

Question 2

A restaurant assumes that an item has a popular menu mix percentage if sales are at least 70% of its percentage share within the menu mix. There are 9 different appetizers on this menu. What would be menu mix benchmark to determine popularity?
◦ 11.1%
◦ 9.9%
◦ 7.77%
◦ 10.1%


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Marked as best answer by karlynnae on Aug 20, 2020

rnehls

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karlynnae

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Reply 2 on: Aug 20, 2020
Great answer, keep it coming :)


amandalm

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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