Question 1

What is a common strategy for small restaurant owners to attract new customers?

Accepted Answer

Offering promotions and discounts

Answer

Reducing portion sizes

Answer

Decreasing marketing efforts

Answer

Increasing menu prices

Question 2

What financial aspect should small restaurant owners regularly monitor to assess the health of their business?

Accepted Answer

Profit margins

Answer

Customer reviews

Answer

Social media engagement

Answer

Employee satisfaction

Question 3

What is a common challenge faced by small restaurant owners in terms of staffing?

Accepted Answer

High turnover rates

Answer

Excessive inventory costs

Answer

Limited customer traffic

Answer

Low food quality

Question 4

Why is it important for a small restaurant to maintain good customer service?

Accepted Answer

To attract and retain customers

Answer

To increase menu prices

Answer

To expand the business

Answer

To reduce operating costs

Question 5

What is one key factor to consider when managing a small restaurant business?

Accepted Answer

Cost control

Answer

Hiring more staff

Answer

Increasing prices

Answer

Expanding the menu

Question 6

Why is it important for small restaurant owners to establish a strong online presence?

Accepted Answer

To increase visibility and reach potential customers

Answer

To decrease food costs

Answer

To expand the physical location

Answer

To hire additional staff

Question 7

What is a common challenge small restaurant owners face in terms of inventory management?

Accepted Answer

Waste and spoilage

Answer

Efficient staff scheduling

Answer

Low customer satisfaction

Answer

High profit margins

Question 8

Why is it important for small restaurant owners to establish strong relationships with suppliers?

Accepted Answer

To ensure consistent quality and pricing of ingredients

Answer

To increase menu variety

Answer

To expand the restaurant's physical space

Answer

To reduce customer wait times

Question 9

Which of the following is an important aspect of management in small business?

Accepted Answer

All of the above

Answer

International expansion

Answer

Corporate mergers

Question 10

What is the primary purpose of a business plan in small business management?

Accepted Answer

To outline the company's goals and how they will be achieved

Answer

To advertise the company's products

Answer

To hire new employees

Answer

To design the company logo

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