Dissertation Writers: Distinguish the difference between price and value and describe management’s responsibilities with regard to each.
- Identify who you would involve in this process and explain why.
- Identify the type of budget you will use and explain how this will be helpful in your new job.
- Describe how this report can be used to discipline your managers.
- Indicate how you would calculate labor cost and describe what you can do to control labor cost.
- Explain how the new menu relates to profitability.
- Describe what cost-volume-profit (CVP) analysis and break-even analysis are and determine how these should be used in making decisions regarding the menu.
- Distinguish the difference between price and value and describe management’s responsibilities with regard to each.
