The ICHRIE Restaurant Management Challenge!

International CHRIE and Knowledge Matters are joining forces to offer students the first ever, online restaurant competition. Students will use ProSim – Restaurant to compete online against other students around the world to see whose restaurant can make the highest weekly profit. The competition is free to enter and will only be available to ICHRIE institutional members. Students can compete as individuals or in teams.

PRIZES INCLUDE

First Place: $1000   Second Place: $500   Third Place: $250

Registration Starts: October 15, 2011
Start Date: November 7, 2011  
End Date: November 18, 2011

MORE INFO AND STUDENT REGISTRATION

Go to http://www.knowledgematters.com/ICHRIE

THE CHALLENGE

Students will be managing a restaurant named Al’s Place. Al’s Place has a great location, great layout and staffing, and a great marketing plan. The only thing Al’s Place doesn’t have is a good menu. Students will be in charge of choosing entrees and beverages to put on their menu. Students can use market research to see what menu items their customers like, set the prices of menu items, and decide which items make the top of the menu. Success of the menu is seen through reports including a product/menu mix report, a customer comments report, an income statement, and more. The restaurant that makes the highest weekly profit wins!

MORE INFO AND STUDENT REGISTRATION

Go to www.KnowledgeMatters.com/ICHRIE