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Business Management Warm-Ups 3/27/24

Quiz by NeKeisha King Price

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10 questions
Show answers
  • Q1
    What is a common strategy for small restaurant owners to attract new customers?
    Offering promotions and discounts
    Reducing portion sizes
    Decreasing marketing efforts
    Increasing menu prices
    30s
  • Q2
    What financial aspect should small restaurant owners regularly monitor to assess the health of their business?
    Profit margins
    Customer reviews
    Social media engagement
    Employee satisfaction
    30s
  • Q3
    What is a common challenge faced by small restaurant owners in terms of staffing?
    Excessive inventory costs
    Limited customer traffic
    Low food quality
    High turnover rates
    30s
  • Q4
    Why is it important for a small restaurant to maintain good customer service?
    To increase menu prices
    To attract and retain customers
    To expand the business
    To reduce operating costs
    30s
  • Q5
    What is one key factor to consider when managing a small restaurant business?
    Hiring more staff
    Increasing prices
    Cost control
    Expanding the menu
    30s
  • Q6
    Why is it important for small restaurant owners to establish a strong online presence?
    To decrease food costs
    To expand the physical location
    To increase visibility and reach potential customers
    To hire additional staff
    30s
  • Q7
    What is a common challenge small restaurant owners face in terms of inventory management?
    Efficient staff scheduling
    Low customer satisfaction
    High profit margins
    Waste and spoilage
    30s
  • Q8
    Why is it important for small restaurant owners to establish strong relationships with suppliers?
    To increase menu variety
    To expand the restaurant's physical space
    To ensure consistent quality and pricing of ingredients
    To reduce customer wait times
    30s
  • Q9
    Which of the following is an important aspect of management in small business?
    All of the above
    International expansion
    Corporate mergers
    30s
  • Q10
    What is the primary purpose of a business plan in small business management?
    To advertise the company's products
    To outline the company's goals and how they will be achieved
    To hire new employees
    To design the company logo
    30s

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