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How does restaurant make money

  • Description

Standardized recipes are an important part of a well-managed food service program. A  standardized recipe specifically describes the exact, measurable amount of ingredients  and the method of preparation needed to consistently produce a high-quality product. A  standardized recipe is a recipe that yields the same resulting product using specific  ingredients and preparation methods.  

In a restaurant setting, this helps to produce a consistent product that customers expect  and also aids in planning, purchasing, and inventory efficiency. It also the heart of a  success or failure of the restaurant business is it will provide data for the pricing  strategy, breakeven analysis, forecasting, and the profit and loss statement. 

Level of Programme: Certificate Level
Credit Value: 1
Mode of Delivery: Online
Mode of Assessment: Assessments via quizzes/ MCQ, and assignments
Delivery Timeline: NA
Credit Transfer: Part of Hospitality Management / Tourism Management Programme
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