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Effective Food and Beverage Cost Control, 2006.
An examination of basic hotel management food and beverage cost control techniques, including organization, profit planning, sales and break even analysis, menu pricing, food purchasing, storeroom control, food production, beverage and bar control laws.
2,999 words (approx. 12.0 pages), 20 sources, MLA, $ 88.95
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Abstract
The paper shows that the success of hotel's food service component depends in large part on effectively controlling costs, establishing timely budgets, and pricing goods as accurately as possible. It explains how, when properly managed, food service can be a major profit center for hotels today. In conclusion the paper shows that hotels that feature quality food service are well positioned today to reap the benefits of an American public that is increasingly seeking alternatives to fast-food establishments.
Table of Contents:
Overview of Basic Hotel Management Food and Beverage Cost Control Techniques
Organization
Profit Planning
Sales and Break-Even Analyses
Menu Pricing
Food Purchasing
Storeroom Control
Food Production
Beverage and Bar Control Laws
Food Service
Conclusion
From the Paper
"Organization. In virtually every type of organization, responsibility and accountability are inextricably related. According to Loren E. Newland (1997), "This concept is no less true in the lodging industry. For example, the food and beverage manager is responsible for ensuring that quality meals are served to guests. If guests are satisfied, the food and beverage manager receives the credit. If the guests express dissatisfaction with their dining experience, the same manager is subject to criticism" (45)."
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Food and Beverage Control, 2007.
An analysis of food and beverage control from the standpoint of management.
3,216 words (approx. 12.9 pages), 6 sources, MLA, $ 92.95
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Abstract
This paper examines the issues involved in food and beverage control from the point of view of management and its significance and importance to consumers, restaurant purchasers and food and beverage entity owners. It also provides a break-even analysis and discusses menu pricing and food purchasing. Finally, the paper concludes with an analysis of storage, product, beverage and bar control.
Table of Contents:
Introduction
Management Organization
Fundamentals of Control
Economy for Food and Beverage Control
Break Even Analysis
Menu Pricing and Food Purchasing
Storage, Product, Beverage and Bar Control
Conclusion
From the Paper
"Control within the food and beverage industry will always remain an important topic, and a review of the literature indicates that there are several steps that consumers and business owners can take to maintain customer satisfaction and market control. Control in this industry represents the steps that an organization takes to ensure that its marketing plans are successful. This includes management organization, menu pricing, food purchasing, and storage, product, and beverage control. This industry will also benefit from implementing evaluations, the results of which will no doubt assist industry professionals in their future decisions. Finally, since food and beverage control from the standpoint of business management has emerged in recent years as a topic of increasing significance and importance, research on food and beverage cost control will continue to grow. This research and new developments will continue to have a substantial impact on the food industry, food preservation and performance enhancements. New technological advancements and diet trends will constantly evolve, as will the process of business management control in this industry."
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The Food and Beverage Industry, 2006.
This paper discusses food and beverage cost control from the perspective of household consumers, businesses and government regulation.
2,590 words (approx. 10.4 pages), 5 sources, MLA, $ 78.95
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Abstract
This paper explains that, in recent years, food and beverage cost, control from the standpoint of business management, has become increasingly significant to consumers, restaurants, other food and beverage entity owners and government agencies. The author points out that, in the past few decades, the American diet has undergone several changes and trends as the result of many sociological factors and technological advances, including the rage of health trends, the advent of new ways to preserve food and new health regulations applied to the modern processed food industry. The paper stresses that the food and beverage industry is one of the most competitive and lucrative markets worldwide.
Table of Contents:
Introduction
Consumers and the Food and Beverage Industry
Business Management View of Cost Control for the Food and Beverage
Industry
Governmental Regulations and the Food and Beverage Industry
The Interrelation of Each Category within the Food and Beverage Industry
Conclusion
From the Paper
"Business managers, such as restaurant owners or food supply stores, have many unique challenges to meet. The food and beverage industry from their aspect can be best described as a monopolistic market structure in which many firms produce similar goods but each firm maintains some independent control of its own price. The barriers to entry in this type of industry are fairly low and new competitors can easily enter the market. This industry is very competitive, as members not only compete in pricing, but also in product taste, appearance, reputation, quality, enjoyment, and any other factors."
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Computerization of the Food & Beverage Industry, 2005.
A look at computers and software programs as a tool for the food and beverage industry.
1,125 words (approx. 4.5 pages), 4 sources, $ 44.95
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Abstract
This paper considers the use of the computer in the food and beverage industry today. According to this paper, the industry itself is not a single entity but includes a variety of different types of business from food service establishments to wholesale and retail outlets selling products. Computers and software applications have a variety of uses within these different types of food and beverage businesses, from the keeping of records as would be true in any business, to new methods of keeping track of stock and making business decisions.
From the Paper
"Computers have been adapted for use in virtually every type of business, and this includes the food and beverage industry. Companies adopt information technology (IT) either because they see this as conferring a competitive advantage or because they believe that not doing so puts them at a disadvantage in the industry. The food and beverage industry itself is not a single entity but includes a variety of different types of business, from food service establishments to wholesale and retail outlets selling products. Computers have a variety of uses within these different types of business, from the keeping of records as would be true in any business to new methods of keeping track of stock and making business decisions."
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Food and Beverage Management, 2004.
Analyzes two articles concerning what it takes to make a successful food and beverage service.
1,613 words (approx. 6.5 pages), 2 sources, APA, $ 52.95
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Abstract
This paper reviews factors, such as equipment, location, product, atmosphere, management, administration, and customer service, which are important to the success of a food and beverage service business. It also reviews literature that delves into how competent human resources and hands-on management can bring and keep high-caliber employees on board successfully.
From the Paper
"In these times of slow economic growth, partly resulting from threats of terror, and also because of an apparent dearth of fresh ideas for job-stimulation emerging from national leadership (executive and legislative branches), it would seem that employers have a bumper crop of unemployed people to select from ? people with college degrees who have been laid off, ?downsized,? or otherwise squeezed out of jobs they were trained for. Many of these people, studies show, are extremely trainable and willing to adapt to a new job culture. Hence, it should be a ?buyer?s market? in terms of available talent for employers to evaluate / hire."
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Cost Control, 1986.
This paper looks at cost control as applied to conceptual & detailed engineering & construction projects. It includes definition, purpose, elements of effective cost control program, problems, roles of cost engineer & project manager, and forecasting.
3,375 words (approx. 13.5 pages), 4 sources, $ 119.95
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From the Paper
"Cost control is one of the basic responsibilities of project management. Effective cost control allows for projects to be completed on schedule and within the budget so that the owner can realize his expected profits and keep his financial requirements within predetermined limits. Cost control is inextricably linked with the project functions of quality control and schedule control. It is the job of project managers to make sure that equilibrium is achieved between quality, schedule and cost.
The objectives of a typical cost control program are as follows:
1) To identify potential cost problems in time for corrective action to be taken, and to prevent budget overruns before they occur.
To keep each project supervisor advised of the budget for(...)"
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The Costs of Quality Control, 2002.
This paper discusses the costs of quality control based on the theories of Joseph Juran and Genichi Taguchi.
1,120 words (approx. 4.5 pages), 3 sources, MLA, $ 38.95
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Abstract
This paper explains that, while quality has turned Japan into a market leader in various fields, continuous improvement may not exactly be a sound approach because of the costs involved. The author states that Juran believes there exists an optimum level of quality, beyond which there could be declining marginal returns; thus, no attempt should be made to improve quality further once this level has been achieved. The paper relates that Taguchi?s approach, known as quality loss function, states that the loss to society and producers increases when the quality level deviates from a specific target: The wider the difference between ideal and reality, the greater will be the loss to society. Tables.
Table of Contents
Prevention Costs
Appraisal Costs
Internal Failure Costs
External Failure Costs
Relationship between Quality Cost Categories
From the Paper
"Joseph Juran first popularized this concept in 1950s, but it was challenged by another quality theorist Crosby who maintained that quality was free. However, Juran has repeatedly advocated in-depth analysis of quality related costs as he believes that rising quality costs could result in lower overall revenues. "Because the main language of [corporate management] was money, there emerged the concept of studying quality-related costs as a means of communication between the quality staff departments and the company managers.? Realizing that quality costs could sometimes be a burden on the company and were thus important to pay attentions to, he separated these costs into four distinct categories. These categories focus on each area of quality control and make it clear for companies to determine where which areas can impact their sales profits the most."
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Food and Beverages in Germany, 2002.
The different types of food and drink popular in Germany.
900 words (approx. 3.6 pages), 3 sources, $ 35.95
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Abstract
This paper defines the various traditional foods and beverages of Germany, the food and beverages for which it is famous, foods of the different German states, the principal crops, important fruits and vegetables, meals eaten in Germany and the times they are eaten, the staples used in their food and a description of the German holiday Christmas season and the traditional food served.
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Controlling Health Costs, 2008.
This paper explores how the U.S. government has attempted to control rising health care costs.
926 words (approx. 3.7 pages), 4 sources, APA, $ 32.95
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Abstract
The paper looks at the introduction of Medicare and Medicaid, managed care and cost controls that have been utilized to lower healthcare costs. The paper argues that in order to achieve improved performance, the US needs to implement more effective strategies to measure health outcomes, ensure a higher degree of price sensitivity among purchasers and correct its administrative efficiencies. The paper maintains that the focus of legislators needs to be upon health as a value and on health priorities rather than on fragmented strategies for controlling healthcare costs. The paper includes graphs of Medicare and Medicaid statistics.
From the Paper
"The central problem with the US healthcare system appears to be related to perspective. Efforts to control costs have predominated over the delivery of quality health care. The goal of limiting government and private expenditures for health care while improving health outcomes results in health care productivity being a significant policy issue not only in the United States but across the globe. Although productivity is only one aspect of the performance of any health care system, improvements in productivity can make it easier to achieve other health system goals, such as greater access to care and protection from the financial losses resulting from ill health. Ever since the mid-1970s, the US healthcare system has been troubled with three major concerns: quality, costs and access (Odom & Garcia, 2005)."
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Productivity and Cost: Organic Food, 2004.
The paper examines the application of the law of marginal productivity.
678 words (approx. 2.7 pages), 1 source, APA, $ 23.95
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Abstract
The paper reviews the application of the law of marginal productivity in a strategic production decision by a company. The paper discusses the concept of diminishing returns and explores the new product development for the larger market.
From the Paper
"Strategic decision based on production and cost at wildwood harvest foods. The law of marginal productivity is based on the concept of diminishing marginal productivity, more typically referred to as the law of diminishing returns. The hypothesis underlying the law of diminishing returns is that if one factor of production is increased by small constant amounts while all other factor quantities are held constant then after some point the resulting increases in output become smaller and smaller."
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Costs and Benefits of Gun Control, 2002.
Analysis of the economic costs and benefits of gun control and comparsion of the the arguments both for and agains gun control.
1,900 words (approx. 7.6 pages), 8 sources, $ 71.95
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Abstract
This research paper examines and analyzes the economic costs and benefits of gun control in the United States. The positions of gun control advocates and the gun lobby are compared and conclusions reached accordingly.
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Nicaragua: The Cost of U.S. Forms of Control, 2002.
Discussion of the history and impact of U.S. foreign policy toward Nicaragua. Emphasis is placed on the effects of the Contra war.
1,150 words (approx. 4.6 pages), 6 sources, $ 44.95
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Abstract
Nicaragua is the largest of the Central American republics. U.S. imperialism has done a lot of harm to this Central American country, especially through the reality of the Contra war, which the U.S. supported and conducted throughout the 1980s. To be sure, the Contra war left an indelible mark on the Nicaraguan personality. The history of Nicaragua is a story about American supported authoritarianism and civil war. The violence that has been exported from the United States in this effort has had a drastic impact on the Nicaraguan people.
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Traditional Cost Accounting vs. Activity Based Costing, 2006.
This paper examines the pros and cons of two specific cost accounting systems: Traditional cost accounting (TCA) and activity based costing (ABC).
1,725 words (approx. 6.9 pages), 9 sources, MLA, $ 55.95
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Abstract
The writer of this paper stresses that the purpose of any cost accounting system is to provide current information about the total cost of manufacturing a product or performing a service. This paper analyzes in detail the strengths and weaknesses of traditional cost accounting (TCA) and activity base costing (ABC). TCA is a well developed method of estimating cost incurred while the ABC system is based on costs which are driven by factors other than product volume.
From the Paper
"A problem may arise in the use of actual overhead costs. The problem stems from the fact that many of the elements of manufacturing are fixed costs, rather than variable costs. Fixed costs are those that tend to remain relatively constant from month to month. Examples of fixed overhead costs include the monthly salary paid to plant managers, depreciation, property taxes, and insurance on plant assets."
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Powdered Beverage Industry, 2005.
An analysis of the advantages of powdered drinks and their impact on the beverage industry.
1,125 words (approx. 4.5 pages), 5 sources, $ 44.95
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Abstract
This paper notes that the powdered beverage industry covers a number of different types of beverages, from various types of tea to breakfast drinks like Tang. The paper describes this as one of the fastest growing sectors in the beverage industry as manufacturers try to market products by emphasizing the flexible, easily-customizable nature of their drink mixes.
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Alcoholic Beverage Industry, 2005.
A look at the alcoholic beverage industry and its attempts to expand its markets abroad.
7,520 words (approx. 30.1 pages), 17 sources, MLA, $ 165.95
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Abstract
This paper describes the alcoholic beverage industry in the United States and its expansion capacity. The paper attempts to study the situation of the beer companies in some parts of the world where the highest expansion is taking place and how there are attempts by companies to spread into other countries to maintain their rates of growth.
From the Paper
"The largest brewery in the world is Anheuser-Busch Companies, Inc. with its head office situated at 1, Busch Place, St. Louis, MO 63118. According to the philosophy of the company it wants to be the life of the party in all its operation, in both its theme parks as also its breweries. Apart from the brewery operations, the company is one of the largest among the theme park operators, manufacturers of aluminum cans in the United States and the largest recycler of aluminum cans in the world. The share of the company in the United States in the sales of Beer with a share of just less than 50 percent and the company has the brand called Budweiser, which is the top ranked beer in the country. There are also a number of other brands manufactured by the company and among them are Bud Light, Michelob and Busch. The other activities of the company are in the manufacture of certain well known theme parks like Busch Gardens and Sea World and water parks like Water Country USA and Adventure Island."
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