Quick Service Restaurants Are Known for Their

question 25

Short Answer

Quick service restaurants are known for their:
• Limited menus
• Table side service
• Relaxing atmosphere
• Use of fresh ingredients

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Definitions:

Gross Profit Ratio

Gross profit ratio is a financial metric that represents the proportion of money left over from revenues after accounting for the cost of goods sold.

Wage Expenses

The total cost incurred by a company for the payment of wages to its employees.

Indirect Expenses

Costs that are not directly traceable to a specific cost object, such as the production of goods or services.

Decentralization

The distribution of decision-making power away from a central authority within an organization to lower levels or divisions.