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Author Question: The primary objective of quantity control is to eliminate leftovers and thereby control food cost. ... (Read 199 times)

ENagel

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on: Aug 10, 2018
The primary objective of quantity control is to eliminate leftovers and thereby control food cost.
 
  Indicate whether the statement is true or false

Question 2

Explain the importance of assessing marketing-related return on investment (ROI).
 
  What will be an ideal response?


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cat123

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Reply #1 on: Aug 10, 2018
Answer to Question 1

True

Answer to Question 2

Every businessperson must make investments in his or her business. Estimating returns on investment (ROI) prior to making them allows managers to compare the efficiency of a number of different investment alternatives. Assessing the returns on investments already made allows managers to evaluate the wisdom of their investment decisions. Variations of ROI assessment can include the calculation of payback period and payback ratio. Effective managers seek tocalculate the ROI of different marketing investment options available to them and then choose the ones with the highest projected ROI.


ENagel

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Reply 2 on: Aug 10, 2018
YES! Correct, THANKS for helping me on my review

smrtceo

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Reply 3 on: Yesterday
Excellent

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