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Pricing and Revenue Management Assessment
The following is a questionnaire for restaurants to assess their pricing and revenue management strategies. It covers the frequency of menu price reviews, the method of determining menu prices, the factors considered when adjusting prices, the tracking of food cost percentage, the marketing and promotion of specials and new menu items, the presence of a loyalty program, the method of measuring the success of promotions and discounts, the tracking of customer preferences and ordering patterns, the analysis of sales data, and the presence of a system for forecasting future sales and adjusting prices.
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