List and discuss at least three variables that will influence ...

[dalyningkenk]

List and discuss at least three variables that will influence beverage selling prices.
 
  What will be an ideal response?

Question 2

List and discuss two beverage pricing methods for an open bar (host bar).
 
  What will be an ideal response?

[fwbard]

Answer to Question 1

Menu pricing for beverage sales is affected significantly by many factors, including local competition, customer demographics, product quality, and portion size.

Answer to Question 2

Many banquet clients prefer to pick up the entire beverage tab of their function. If this is the case, a host bar, or open bar, is generally arranged. There are many methods for setting prices and controlling inventory for such functions. Two of the most common methods are

1 . Charging the host on a per person, per hour basis

2 . Charging the host for the actual amount of beverages consumed.

[dalyningkenk]

YES! Correct, THANKS for helping me on my review

[lcapri7]

Thanks for the timely response, appreciate it