You currently work in the restaurant industry. Your CFO has asked you to analyze and comment on
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Question:
You currently work in the restaurant industry. Your CFO has asked you to analyze and comment on different cost saving measures for the restaurant. Write a short memo addressing the CFO\'s questions below.
The company is considering whether to discontinue the sale of different drinks. The company offers types of soda, juice, water, and milk. What quantitative and qualitative factors should be considered when evaluating what drinks should be eliminated?
The restaurant is considering whether to make its dinner rolls or purchase dinner rolls from a local bakery. What factors are relevant to analyzing this business decision?
The restaurant is considering offering catering for special events. What factors should be considered when the restaurant is evaluating whether to fulfill catering special orders?
Do you have any experience implementing cost saving measures that may be beneficial for the CFO to consider? Share your experiences.
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