According to the Gallup study, the most powerful influencing factor to motivate employees is money.
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The first factor considered by associations when they look at potential hotels for conventions is the location of the hotel.
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According to the American Hotel & Lodging Association, one of the things employees should be able to do is show how the statement of cash flows is used by managers.
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Which one of the following capital budgeting decision methods determines a project's annual percentage rate of return?
A) modified internal rate of return
B) profitability index
C) discounted payback period
D) net present value
Managers should be aware of the expectations their hotel engenders in customers. What type of hotel is usually in a suburban or isolated rural location, with special recreational facilities?
a. Bed and Breakfast
b. Resort Hotel
c. Recreational Hotel
Court mandates fall into three categories: physical or property related, environmentally related, and administrative or procedure related.
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One of the things the A.H.L.A. believes that managers should be able to do is identify how they can learn about the needs, interests, and goals of their employees.
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In the off season, a hotel may choose to close down rather than absorb the costs of remaining open when demand is weak.
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According to Eder and Umbright, no matter how well the manager does in getting excellent intangibles, if she or he has poor short-term profit indicators, the intangibles will count for nothing.
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Which one of the following capital budgeting decision methods measures how long it takes for a project's benefits to recover the project's cost?
A) profitability index
B) payback period
C) modified internal rate of return
D) net present value
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