Do-it-yourself menu management and pricing

The restaurant menu requires constant re-evaluation to achieve a balance of profitability and customer satisfaction. A con-structive research approach was taken to identify the challenges and practical requirements of small and micro restaurant practitioners to facilitate menu analysis and revenue ma...

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Main Authors: Lai, Hao Bin Jack, Karim, Shahrim
Format: Article
Published: Palgrave Macmillan 2023
Online Access:http://psasir.upm.edu.my/id/eprint/107401/
https://link.springer.com/article/10.1057/s41272-023-00419-9
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Institution: Universiti Putra Malaysia
id my.upm.eprints.107401
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spelling my.upm.eprints.1074012024-10-15T05:55:40Z http://psasir.upm.edu.my/id/eprint/107401/ Do-it-yourself menu management and pricing Lai, Hao Bin Jack Karim, Shahrim The restaurant menu requires constant re-evaluation to achieve a balance of profitability and customer satisfaction. A con-structive research approach was taken to identify the challenges and practical requirements of small and micro restaurant practitioners to facilitate menu analysis and revenue management implementation within their establishments. The developed framework does not require any collection of data and guidance, and hence can be easily implemented for businesses of any circumstance. Through observing implementation of the developed framework in small and micro restaurant outlets, this framework was found to be efficient for menu planning, strategizing and expansion, but inappropriate for day-to-day operational usage. Palgrave Macmillan 2023-12 Article PeerReviewed Lai, Hao Bin Jack and Karim, Shahrim (2023) Do-it-yourself menu management and pricing. Journal of Revenue and Pricing Management, 22 (6). pp. 431-445. ISSN 1476-6930; ESSN: 1477-657X https://link.springer.com/article/10.1057/s41272-023-00419-9 10.1057/s41272-023-00419-9
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
description The restaurant menu requires constant re-evaluation to achieve a balance of profitability and customer satisfaction. A con-structive research approach was taken to identify the challenges and practical requirements of small and micro restaurant practitioners to facilitate menu analysis and revenue management implementation within their establishments. The developed framework does not require any collection of data and guidance, and hence can be easily implemented for businesses of any circumstance. Through observing implementation of the developed framework in small and micro restaurant outlets, this framework was found to be efficient for menu planning, strategizing and expansion, but inappropriate for day-to-day operational usage.
format Article
author Lai, Hao Bin Jack
Karim, Shahrim
spellingShingle Lai, Hao Bin Jack
Karim, Shahrim
Do-it-yourself menu management and pricing
author_facet Lai, Hao Bin Jack
Karim, Shahrim
author_sort Lai, Hao Bin Jack
title Do-it-yourself menu management and pricing
title_short Do-it-yourself menu management and pricing
title_full Do-it-yourself menu management and pricing
title_fullStr Do-it-yourself menu management and pricing
title_full_unstemmed Do-it-yourself menu management and pricing
title_sort do-it-yourself menu management and pricing
publisher Palgrave Macmillan
publishDate 2023
url http://psasir.upm.edu.my/id/eprint/107401/
https://link.springer.com/article/10.1057/s41272-023-00419-9
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