List the Eight Steps Involved in Efficient Menu Planning

question 30

Essay

List the eight steps involved in efficient menu planning.

---

Definitions:

New Applications

The novel uses or markets for existing products or technologies, often leading to innovation and expansion of business opportunities.

Adjacency Paths

Adjacency Paths relate to the strategic options a business may explore to grow by venturing into areas or markets closely related to its current operations or expertise.

New Geographies

Expansion or exploration into new geographical areas or markets by businesses seeking growth or diversification.

New Profit Pools

Areas within a market where new revenue and profit can be generated, often identified through changes in consumer behavior or emerging trends.