The basic functions of the front office include all of the following EXCEPT:
A) staffing and scheduling B) reviewing previous nights ADR and occupancy
C) maintaining sales and catering records D) reviewing arrivals and departures
Loyalty programs can quickly be added by any hospitality firm.
Indicate whether the statement is true or false
Which of the following is probably not the best real estate location for a limited-service hotel?
A) Near a highly developed shopping/office complex
B) In a high-density population center
C) Near an interstate highway entrance/exit
D) In a center/city location
The cash receipts and disbursements approach to cash budgeting is most useful for long-term forecasting.
Indicate whether the statement is true or false
The difference between the bid price and ask price is called the:
A) coupon interest rate. spot market B) spread
C) transaction cost D) hedge value
Which of the following amusement/theme park organizations is the largest (number of parks)?
A) Six Flags Theme Parks B) Walt Disney Company
C) Busch Gardens Adventure Parks D) Universal Studios
Which of the following is not a characteristic of hazardous waste?
A) ignitable B) corrosive C) reactive D) dissolvable
Nevada legalized gambling in
A) 1910 B) 1941 C) 1931 D) 1950
The area of a hotel most often described as the nerve center or hub of a hotel is the
A) housekeeping B) banquets C) night auditor D) front office
When a financial security is first issued, it is said to trade in the:
A) spot market B) primary market C) secondary market D) futures market
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