Restaurants,like Other Businesses,often Find That the Best Way to Succeed

question 324

Multiple Choice

Restaurants,like other businesses,often find that the best way to succeed in the market is to:

• A)listen to customers and adapt products to their needs.
• B)create a product for which he could charge an exceptionally high price.
• C)create a winning combination of advertising and personal selling for all of the stores in the chain.
• D)open more stores in a single year than other foodservice operators.

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Definitions:

Indirect Labor

Indirect labor involves workers who support the production process but do not directly work on the product, such as maintenance staff.

Direct Labor

The cost of wages for employees who directly manufacture or produce goods.

Job-Order Costing System

A method of assigning costs to specific production batches or jobs, often used in manufacturing where the products are distinctly different.

Direct Labor Cost

The total cost of wages paid to employees who are directly involved in the production of a product or service.