A chiller is used to:
A) cool air in the evaporator. B) cool water in the cooling tower.
C) cool water in the evaporator. D) cool water in the condenser.
What we retain in memory is called:
A) Selective attention B) Selective comprehension
C) Selective span D) Selective retention
The acid-test ratio measures liquidity by considering cash and near-cash assets.
Indicate whether the statement is true or false
During periods of weak demand, very few competitors escape the effect of a ________ market.
A) Weak
B) Strong
C) Volatile
D) Spiraling
Upselling is part of effective revenue management.
Indicate whether the statement is true or false.
The establishment of price based largely on those of competitors, is called:
A) Cost based pricing
B) Value based pricing
C) Going-rate pricing
D) Break-even pricing
The strategy of setting a high price when the market is price-insensitive, is called:
A) Market-penetration pricing
B) Market skimming pricing
C) Target profit pricing
D) Going-rate pricing
Pricing based on segmentation of the market and pricing differences based on price elasticity characteristics of these segments, is called:
A) Elasticity pricing
B) Inelastic pricing
C) Market segmentation
D) Discriminatory pricing
Which of the following is not a major component of an asset management strategic plan?
A) Market Analysis B) Owners Agenda
C) Asset Management Company's Agenda D) Physical Plant Analysis
Ceiling fans can reduce the perceived temperature of a space by:
A) 10 - 15 F.
B) 5 - 10 F.
C) 15 - 20 F.
D) Ceiling fans do not reduce the dry-bulb temperature.
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