Cold calling is useful for obtaining pertinent potential customers information.
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Technical assistance fees are charges for consulting services rendered after the property opens for business.
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The going-concern value of assets is usually lower than their liquidating value.
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A shift leader can be promoted to unit assistant manager after working in the shift leader position for ________ months.
A) 4-6 B) 6-8 C) 8-10 D) 10-12
Expatriate managers should be trained about business practices in the host country:
A) while considering the assignment. B) after arrival at the host country.
C) before departure to the host country. D) as part of the selection process.
This type of structure can implement strategies that will improve guest satisfaction or reduce costs by finding quicker or better ways of doing something.
A) Work team structure B) Integrated work teams
C) Project structure D) Independent business unit
The sole purpose of a sales promotion is to increase revenues.
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The Beacon Drive Inn had food sales of 45,000, an opening inventory of 8,000, purchases of 13,000 and an ending inventory of 9,000. What was the food cost percentage?
A) 27.3 B) 26.7 C) 26.3 D) 27.6
The management company is often responsible for conducting public relations activities on behalf of the owner.
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Liquidating value is the value assets have if they are sold apart from the business in which they are used.
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