What is not considered a force in the macro environment of a hotel's marketing strategy?
A) The environment B) The economy
C) The labor supply D) The political climate
Executory costs refer to:
A) management company fees
B) contingent rental fees
C) property taxes, insurance, and maintenance costs
D) all of the above
A risk-averse investor exhibits increasing marginal utility for money.
Indicate whether the statement is true or false
Which of the following is NOT a psychological determinant of travel demand?
A) Prestige
B) Escape
C) Social interaction
D) Conventions
In centrally planned economies, ________ control, plan, and direct tourist development.
A) Elected tourism boards
B) Appointed tourism boards
C) Tourism councils
D) Governments
Most upscale restaurants are single-unit properties or one of just several properties operated by the same individual.
Indicate whether the statement is true or false
The first consideration in equipment selection is:
A) need. B) safety. C) sanitation. D) durability.
Decision making, communicating and controlling are key functions of a
A) CEO B) supervisor C) manager D) leader
The top three tourism destinations in the world are:
A) China, France and India
B) China, Spain and Turkey
C) Malaysia, Mexico and France
D) France, United States and Spain
The benefit of tourism where tourist expenditures are recycled through the local economy, is called:
A) Multiplier effect
B) Secondary effect
C) Tertiary economic impact
D) Primary economic impact
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