Question

Technological improvements have made it possible to do a restaurant’s food cost percentage in about _____________ of the time it used to take and with more accuracy.

Answer 1

Answer: one-third

Explanation: technological improvements in the areas of point-of-sale (POS) systems for table service restaurants, table management systems, home delivery, frequent dining and gift card programs, inventory control systems, and menu management systems etc. have changed the way restaurants process and monitor transactions. This has greatly reduced the time it takes in calculating the food cost percentages of restaurants which is now done in about one-third of the time it takes previously. Restaurant technology also provides management with the right information at the right time resulting in fewer costly mistakes, better forecasting, higher productivity, and improved marketing know-how. Nowadays, large volumes of paperwork are replaced with computer generated reports that reveal previously hidden dynamics. This has so far ensured they compete effectively in markets of today as well as that of tomorrow.

Answer 2

Answer: One-third

Step-by-step explanation:

The impact of technology in our everyday life cannot be understated. Technology has made life easier by simplifying our work lives and personal lives. In the restaurant industry, technological terms such as artificial intelligence, mobile apps, smart devices etc are now common in the industry.

Technology helps in making work easier. This can be noticeable in knowing the food cost percentage of a restaurant. Through technology, the food cost percentage of a restaurant can now be known in one third of the time used before technology came into place.