Chapter 1 Flashcards

1
Q

Trends

A

general developments or movements in a certain direction in an industry that must be reflected by changes in the industry

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Entry-Level

A

beginning jobs that require little or no experience

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Non-commercial operations

A

operations such as government, schools, and hospitals that aim to cover daily expenses such as wages and food costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Commercial operations

A

fast food chains and fine dining that earn more than enough to cover expenses and aim to make a profit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Quick service

A

establishments that quickly provide a limited selection of food at a low price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Full service

A

servers take customers’ orders and bring the food to the table

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Fine Dining

A

upscale atmosphere,excellent food and service,higher menu prices. staff is exceptionally skilled

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Certification

A

proof of expertise in a particular area

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Apprentice

A

works under the guidance of a skilled worker in order to learn a trade or art

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Entrepreneur

A

a self motivated person who creates and runs a business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Independent restaurant

A

has one or more owners is not affiliated with a national name or brand

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Chain restaurant

A

has many individual restaurants that all have the same atmosphere,service,menu,and quality of food

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Franchise

A

a franchise company sells the business owner the rights to its name,logo,concept,and products

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Overhead cost

A

cost of of food and labor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Business plans

A

a document that outlines specific information including a vision,goals,and strategies for achieving those goals

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Marketing

A

the process of promoting and supplying goods and services to customers

17
Q

Sole Proprietorship

A

a business that only has one owner

18
Q

Partnership

A

a legal association of two or more people who share an ownership of a business

19
Q

Corporation

A

a state grants an individual or group a charter with legal rights for their enterprise

20
Q

Free enterprise

A

business may buy,sell,and set prices with little government control

21
Q

Zoning

A

divides land into sections