The BOH system of managing staffing, scheduling, productivity, and time and attendance is referred to as:
a. LMS
b. LBS
c. CRM
d. ABC
e. None of the above
_________________ is a way in which people or things differ.
Fill in the blank(s) with correct word
A current ratio of less than 1.0 for a hospitality company is always bad.
Indicate whether the statement is true or false
Relative to Total Sales, Total Occupancy Cost movement is most accurately described as:
a. A fixed cost Total Occupancy Cost does not move as Sales moves.
b. A variable cost Total Occupancy Cost moves proportionally with Sales.
c. A mixed cost portions of Total Occupancy Cost moves proportionally with Sales.
d. None of the above Total Occupancy Cost should not be described in relation to Sales.
Data can best be defined as:
a. Processed information
b. Facts & figures
c. Organized relational base
d. Building blocks of hierarchical base
e. None of the above
_________________ included the rules of business, codes of conduct, and more specialized beliefs about business.
Fill in the blank(s) with correct word
All of the following operational characteristics are reasons why forecasted Controllable Income would be higher than normal, EXCEPT:
a. The operation has a strong wine program.
b. The operation does NOT have unionized labor.
c. The operation has a strong catering program.
d. The operation has a low average check.
Approximately how many apps are now available for smart phones?
a. 3000
b. 30,000
c. 300,000
d. 3,000,000
e. 3,000,000,000
A P/E ratio will always give a clear indication of when to buy a share of stock.
Indicate whether the statement is true or false
_________________ represent goals to be achieved or end states such as peace, wisdom, or respect.
Fill in the blank(s) with correct word
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