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What causes the wastage of stock in a hospitality establishment?
Wiki User
∙ 9y ago
Stock wastage can be attributed to food or beverage spoilage, lack of business to sell product, or poor stock rotation practices. One of the most important things in a restaurant is good controls and ordering practices as most products are considered perishable retail and must be used and sold in a timely manner.
Wiki User
∙ 9y ago
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How do you reduce wastage of stock in a hospitality operation?
mnc,.How do you reduce wastage of stock in a hospitality operation?"
In hospitality what is par stock?
concept of per stock in hotel industry
What is the job description of a function manager in hospitality inductry?
It is a person who controls the management team of different hospitality industry. their responsibilities includes like controlling stock and helping their employees if any problem occur.
What was the Capital for the first permanent English settlements in America was raised through what?
establishment of joint-stock companies
Which event most contributed to the establishment of the US Securities and Exchange Commission SEC?
The 1929 crash of the stock market
What were the main effects of the Great Depression of 1929?
The establishment of the FDIC (Federal Deposit Insurance Corporations) to regulate stock exchange so another stock market crash can be avoided.
English entrepreneurs financed the establishment of New World colonies through?
Private funds from the creation of joint-stock companies.
What is the ticker symbal for CIticorp?
The Citigroup company is a banking establishment. On the New York Stock Exchange, the symbol is just the letter C.
Why stock rotation procedure is important?
Stock rotation procedure is important to any business as it ensures that stock is balanced. You will not be left with old stock and sell the new stock only. This creates a good balance also in terms of the quality.
English entrepreneurs financed the establishment of new world colonies primarily through?
through private funds from the creation of joint-stock companies
What causes lack of color in skin?
Being born of European stock.
How do you deal with excess stock?
== == From my understanding, excess stock can have several issues. First of all it wastes valuable space which can be used more efficiently running other things. Secondly, excess stock can mean that the company may suffer from wastage, as the stock can depreciate, or if the stock is a food product, it can expire. It would be best to ensure that stock is kept to a sustainable level for any organisation. If there are excess, it can be sold for extra cash. Holding excess stock is a waste, and if sold can contribute to cash if needed. What is important is to have a correct level of stock in a company. Maybe one should practice some Just In Time Systems.
