Chapter 3 Flashcards

(35 cards)

1
Q

This generation also tag the millennial generation the echo or the boomlet generation include those born between 1980 and 2000. They are the prime target for food service business

A

Generation y

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2
Q

Is label applied to those who were born between 1965 and 1980. This group is known for strong family values

A

Generation x

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3
Q

Born between 1946 and 1964 make up the largest segment of the U.S population

A

Baby boomers

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4
Q

This group consists of people in a age range between the high end and the baby boomers and seniors

A

Empty nesters

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5
Q

Covers the large age group of people age 65 and older.

A

Seniors

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6
Q

Restaurant classified into three primary categories

A

Quick service
Midscale
Upscale

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7
Q

They are also known as fast food restaurant this establishment offer limited menus of items that are prepared quickly and sold for relatively low price

A

Quick service restaurants

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8
Q

It occupies the middle ground between quick service and up skills restaurant they offer full meals but charged price that customer perceive as providing good value

A

Mid scale restaurants

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9
Q

The offer for table service and do not necessary promote their meals as offering great values instead they focus on the quality of their cuisine and the ambience of their facilities

A

Upscale restaurant

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10
Q

Selecting a food concept

A

Seafood
Steakhouses
Family style restaurants
Casual dining restaurants
Ethnic restaurants
Pizzeria
Sandwich shop or delicatessen
Coffee house
Bakeries
Craving your niche

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11
Q

Before entrepreneurs can begin many serious business planning they must first decide what specific segment of the food service industry do you want to enter while they are many to be educated

A

Craving your niche

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12
Q

Offers cakes scoones bagels and coffee drinks and sometimes even offer full dining menu including sandwich hot and trees beer and wine

A

Bakeries

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13
Q

Dealing graciously with customers and playing the role of illegant holes are only part of a restaurants many duties

A

Working in a restaurant

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14
Q

With more than 400 billion cups consume every year it is the world most popular beverage

A

Coffee house

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15
Q

They range from quick service place with limited selection to up skills eateries with wide variety of menu items

A

Ethnic restaurants

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16
Q

Change their menu quickly and easily to adopt current taste

A

Sandwich shop

17
Q

This establishment appeal to be wide audience ranging from member of generation y to generation x to baby boomers with families to seniors and they provide the variety of food items from appetizer and salad and main dishes and desserts

A

Casual dining restaurants

18
Q

Pizzeria

A

To go Restaurant
Full service pizza restaurant

19
Q

This establishment are geared toward families since they charge reasonable prices they also appeal to seniors they offers pd service that falls somewhere between the quick service place and full service restaurant

A

Family style restaurants

20
Q

It is part of the mid scale and upscales market

21
Q

Generally offer a limited range of choices often requested to fried seafood

22
Q

Business opportunities factors

A

Markets
Individual interest
Capital
Skills
Suppliers of input
Manpower
Technology

23
Q

The number of prospective buyers the presence of competitors and the price and quality of goods and service have be analyzed

24
Q

There are those who are interested in agriculture other are inclined to industries not a few like to be employees interest should match business opportunities

A

Individual interest

25
Money is very important in putting up a business enterprises
Capital
26
The entrepreneur should have a proper_____ in the business he is going to undertake
Skills
27
It is not enough that they are sufficient buyer of goods and service
Suppliers of inputs
28
The success of any business enterprises primarily depend on the efficiency of its employees
Manpower
29
Taste and reference are not permanent they are heavy influenced by innovators and innovators are the product of
Technology
30
Positive tangible and intangible attributes internal to an organization. They are within the organizational control
Strength
31
Factors that are within the organization control that the track from its ability to attain the desire goal
Weaknesses
32
External attractive factors that represent the reason for an organization to exist and develop
Opportunities
33
External factors beyond an organization control which could place the organization mission or operation at risk
Threats
34
How to carry out a restaurant swot analysis
Create a swot table Perform the analysis Brainstorming strength and weaknesses Recognizing opportunities and strengths
35
Successful filipino restaurant
Tony tan caktiong Edgar sia Cresida tueres Milagros, clarita and doris leelin Joe magsaysay Asiang reyes Araceli and jun manas