A restaurant converts inputs into substantially different outputs, a key characteristic of a manufacturing firm. Yet, most

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A restaurant converts inputs into substantially different outputs, a key characteristic of a manufacturing firm. Yet, most would classify a restaurant as a service firm. How would you classify a restaurant? Why?

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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Question Posted: Feb 20, 2013 09:16 AM

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A restaurant converts inputs into substantially different outputs, a key characteristic of a manufacturing firm. Yet, most

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Yes a restaurant would typically be classified as a service firm because the benefit from th...View the full answer

Managerial accounting

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