Advantage Food & Beverage Sales Representative – Lennon Barretto A. Problem/Opportunity Issue Statement - 10 Marks i) Who is the Decision Maker? (In analyzing the case you put yourself in the decisions maker’s role and try to figure what you would do in his/her position.) ii) What is the main problem(s) or opportunity(s) that you (as the decision maker) must deal with? iii) Why is this issue important and how urgent is it? iv) Provide any sub-issues that are relevant to the case. v) Who are the
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What is sales forecasting? In general terms‚ forecasting means “A statement made about the future”. So‚ Sales forecasting is the estimation of sales made for the future. Sales forecast is an estimate of sales in rupees or in units for future period. A sales forecast is the prediction of sales volume that a company can estimate to achieve in specified period of time in future. Following are some of the definitions given by different scholars: According to American marketing Association
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Forecasting is the process of making statements about events whose actual outcomes (typically) have not yet been observed. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar‚ but more general term. Both might refer to formal statistical methods employing time series‚ cross-sectional or longitudinal data‚ or alternatively to less formal judgemental methods. Usage can differ between areas of application: for example‚ in hydrology
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Sales Forecasting Sales potential is larger than sales forecast. Reason:- • Company do not have sufficient production capacity to capitalize on full sales potential. • No good distributive network. • Limited financial resource. • Company’s being more profit oriented than sales oriented. Sales forecast is depended on how much amount of resources can sell if it implements a particular marketing programme. Sales Forecast Methods:- 1) Qualitative method a) Expert’s opinion. b) Survey
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Food & Beverage Operations May2010 www.cthresources.com Page 1 www.cthawards.com 1 Content I. II. Description Learning Outcomes III. Syllabus IV. Assessment V. Chapters 1 - 8 www.cthresources.com Page 2 www.cthawards.com Description Description The aim of the Food & Beverage Operations module is to provide students with an understanding of the operational & supervisory aspects of running a food & beverage operation for an international clientele in a range of establishments
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BTEC Higher National Diploma (HND) in Hospitality Management Unit Number and Tittle: Food and Beverage Operations Management (Unit 5) Unit Level: L/601/1971 (Level 4) Module Tutor: Dr. Sam Hazra Learner: GERGANA TSAREVA College ID: GT21132 Submission date: 25th March MARCH 2013 PAGE OF CONTENT 1. LO1. Understand different food and beverage production and service systems……………….3 2. 1.1Characteristics of food production…………………………………………………………………………………………3 3. 1.2 Factors affecting recipes and menus
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Forecasting Problem POM Software: For this part of the problem I need to use the POM software: 1. Forecasting. 2. I should select Module->Forecasting->File->New->Least Squares and multiple regression 3. Use the module to solve the Case Study (Southwestern University). this case study‚ I am are required to build a forecasting model. Assume a linear regression forecasting model and build a model for each of the five games (five models in total) by using the forecasting module of the
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WHICH FACTORS WERE ABLE TO INFLUENCE THE FOOD AND BEVERAGE INDUSTRY Today hospitality industry is changing all the time‚ Food and Beverage is one of the sectors that have a greater opportunity to grow and expand due to the changing needs. There is a constant need to change the services. Through my studies I learnt new information about the food and beverage and started to look the business (where I am working) on a different way‚ how and which kind of changes would be a good idea. It can be a
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BEVERAGE SERVICE INDUSTRY Objectives: * Define what beverage service industry is; * Trace the development of beverage service industry from the taverns to today’s beverage service establishments; * Compare and contrast the types of today’s beverage service establishments. Definition Beverage Service Industry- is an industry comprising of establishments or businesses that offer primarily beverages‚ foods and sometimes entertainment and other services. Bars- are establishments or businesses
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criminal abetment and for ‘defiency in service’ besides for ‘damages’ to untold extents. QUESTION 2 Give five characteristics of a good beverage manager and explain in your own words why these characteristics are important. (15) (i) People-oriented A beverage manager must be comfortable leading their employees and working with public . In fast food restaurants ‚ some managers also work as cashiers. In fine dining establishments the manager is expected to walk the floor and talk to the
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