What Is the Food Service Term for the Amount of Money

question 4

Multiple Choice

What is the food service term for the amount of money remaining from a food sale after subtracting the sold item's cost from its selling price?

• A) Check average
• B) Food cost percentage
• C) Contribution margin
• D) Cost of food sold

Understand the significance of leadership style in influencing team dynamics and organizational culture.

Determine the factors that contribute to effective decision-making within the Vroom-Jago leader-participation model.

Identify the core elements of servant leadership and its relevance in contemporary ethical considerations.

Understand the concept and significance of moral leadership.

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Definitions:

Environmental Uncertainty

Refers to unpredictable changes and complexities in an organization's external environment that can affect its operations and decision-making processes.

External Environment

All external factors and forces that can affect an organization's performance, including economic, social, political, and technological aspects.

Competitive Advantage

The attributes or conditions that allow an organization to outperform its competitors.

Cost Efficiency

The effectiveness of an organization's ability to produce output at the lowest possible cost while maintaining quality.