This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The judgment of Paris was a wine tasting event that shocked the wine world and became the ... (Read 69 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Aug 10, 2018
The judgment of Paris was a wine tasting event that shocked the wine world and became the significant defining point for?
 
  a. France
 b. Italy
 c. America
 
  d. None of the above

Question 2

Describe the two primary drink-pricing methods used by beverage managers.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Aug 10, 2018
Answer to Question 1

C

Answer to Question 2

The two basic methods used to establish drink prices are the beverage cost percentage and the contribution margin (CM) methods. When using the beverage cost percentage method, managers set their drink prices based on the product cost of the drinks sold. These product costs are expressed as a percentage of the drink's total selling price. In the contribution margin method, a fixed amount required to recover the non-beverage costs of producing the drink and a predetermined profit amount per drink are added to the drink's product cost to arrive at the drink's selling price.


saraeharris

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Aug 10, 2018
Thank you!


LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #3 on: Aug 10, 2018
Always glad to help...


« previous next »
 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

THE WORLD'S BIGGEST SALE THE WORLD'S BIGGEST SALE
Distribution of the Ceboidea, or New World monkeys. Distribution of the Ceboidea, or New World monkeys.
Routes for the human colonization of the New World and Pacific islands. Routes for the human colonization of the New World and Pacific islands.
Democracy (or “democratization”) is a global social movement. People all over the world yearn ... Democracy (or “democratization”) is a global social movement. People all over the world yearn ...
The World's Megacities The World's Megacities
Becker's World of the Cell Becker's World of the Cell
Video: Aneurysm

For a complete list of videos, visit our video library