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Essay

Restaurant

Essay specific features

 

Issue:

Social Issues

 

Written by:

Lucille B

 

Date added:

April 23, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 305

 

Was viewed:

3288 times

 

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Essay content:

In fact, many restaurants have used various types of revenue management practices, in order to achieve higher profit. However, the application of those strategies seems to be too tactical. Therefore, it is suggested for restaurants to reconsider the use of a broad theory from revenue management which might help the restaurant operators to gain more profit and to successfully implement restaurant revenue management...
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According to Kimes et al. (1998, pp.33) Revenue Management is the “application of information systems and pricing strategies to allocate the right capacity to the right customer at the right time and place.” This system can help the restaurant to determine the right price for the right time and the right customer...
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General issues of this essay:
Research Paper on Restaurant Management Applebee's Restaurant research paper Int'l Restaurant Restaurant Law Restaurant restaurant Not in My Restaurant How to buy a restaurant Restaurant A Restaurant Analysis: under water restaurant Kleenwater Restaurant Restaurant - Promotion Greek Restaurant Restaurant Review
 

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