It Costs an Operation $3

question 13

True/False

It costs an operation $3.00 to produce a menu item. The operation sells the item for $12.00. As a result, the food cost percentage for this item is 20%.

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Definitions:

Executive Search Firms

Companies specialized in recruiting executive-level personnel for other organizations, often for senior positions needing specific expertise.

On-campus Recruiting

The process by which employers visit universities and colleges to recruit directly from the graduating student population.

Buffer

A management or financial strategy to maintain a reserve or cushion to mitigate risks or unforeseen circumstances.

Realistic Job Preview

A tool used in the recruitment process to give candidates a true sense of what a job entails, including both its positive and negative aspects.