For this assignment, youll need to create an original post of 300-500 words,The content of your posts should be meaningful, substantial and closely connected to your research topic. Your post and reply content, logic, use of professional terminology as well as word count will be factored into your grade for this exercise.
Please research Revenue Management for Restaurants.
Find and peruse at least three articles from a credible source (or sources).
Through your research, I would like you to:
gain an understand of the main goal(s) of revenue management
review strategies that managers utilize to manage their revenue
(from a sales perspective)
one strategy of restaurant revenue management that you believe would be effective
(Begin your first strategy with EFFECTIVE: Then type your strategy and the reason why you believe it would work to meet your goals.)
one strategy of restaurant revenue management that you believe would NOT be effective
(Begin your second strategy with NOT EFFECTIVE: Then type your strategy and the reason why you believe it would NOT work well.
