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If you aspire to become a sous chef the second in command in a large restaurant kitchen) ,you will pursue several types of training and development.Your __________ will include learning how to perform as a line chef,as you work your way through pastry,grill,pantry,and sauté.The only way you will learn the variations in the line jobs is to experience them! As an) _________,you will work alongside another sous chef for a few years in order to learn how to juggle all the middle management type of activities expected of this professional.Your ____________ training will be extensive,as you go to Culinary School,attend a community college,and/or take management classes to help you learn to minimize conflict in the kitchen as well as improve the productivity of those you manage.
Average-fixed-cost Curve
A graphical representation showing how the average fixed cost of production decreases as the quantity of output increases.
Implicit Costs
The opportunity costs of using resources owned by the business for its operations instead of allocating them to their best alternative use.
Interest Rate
The expense associated with taking out a loan or the earnings from investments, usually shown as a percent of the total amount invested or borrowed.
Specialization
The process of focusing effort and resources on a limited number of activities to gain efficiency or expertise.
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