The Taste Company Interview Questions and Answers

Pnl management is the process of managing profit and loss statements to track financial performance.

• Pnl management involves analyzing financial data to identify areas of improvement

• It helps in making informed decisions about pricing, inventory, and expenses

• Regular monitoring of Pnl statements can help in identifying trends and making necessary adjustments

• For example, if a restaurant notices a decrease in profits, they ...read more

Inventory management with control involves tracking and managing inventory levels to prevent waste and optimize profits.

• Regularly monitoring inventory levels and ordering supplies as needed

• Implementing a system for tracking inventory usage and waste

• Setting par levels for each item to ensure adequate stock without excess

• Conducting regular inventory audits to identify discrepancies and prevent theft

• Training staff on prop...read more