- Definition: Food-Service Contractor
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Defined as a person who is knowledgeable in some or all aspects of the restaurant industry. Expertise includes real estate site selection criteria which considers costs and attributes for success; marketing and an understanding of the competitive environment; consumer trends that affect the industry; commodity impact; and other factors beyond the control of the industry. Would also include knowledge on purchasing and supply chain management, food and equipment, and cost impact on other factors such as labor, insurance, utilities, and other restaurant controllables that affect overall performance.
Contributed By:
- Consumer Goods & Services
- Popular Topics in Consumer Goods & Services
- The Expertise Imperative and Compliance Technology
- Access to a diverse array of specialized expert inputs drives superior decisions in every organizational context: within corporations, by investors and consultancies, and within nonprofits. When decision makers are confident of their decision inputs, they can respond more quickly and creatively to challenges and opportunities.
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