When a firm has to evaluate its competition, it should do so objectively.
Indicate whether the statement is true or false
External data collection includes the environment which includes international and domestic trends.
Indicate whether the statement is true or false
In the hospitality industry, p-traps and s-traps are useful because:
A) they prevent sewer gases from rising up through the drain.
B) if the water that forms the liquid seal evaporates, the system's performance improves.
C) they can catch small objects that fall down the drain.
D) Both A and C.
Extended-stay hotels typically compete with:
A) full service hotels. B) apartments.
C) limited-service properties. D) A and B above
The balance sheet reflects the financial position of a hospitality enterprise over a period of one year.
Indicate whether the statement is true or false
The person at a desk in the lobby of a hotel who assists guests with restaurant reservations, directions, tickets to shows and other advice is the
A) the bell captain B) front desk associate
C) the concierge D) rooms manager
The average selling price of all guest rooms for a given time period is called:
A) Rack rate. B) REVPAR. C) ADR. D) None of the above
Cirque du Soleil came to Las Vegas to perform its first traveling show in the:
A) late 1980s. B) early 1980s. C) early 1990s. D) mid-1990s.
________ systems are used when access to a city sewer is not available.
A) Storm sewer B) Septic field
C) Gravity-fed/downfeed D) Sanitary sewer
In hedging through the commodity futures market, a hospitality firm:
A) can sell the future's contract before the delivery date of the commodity
B) must take delivery of the commodity
C) trades only in the commodity spot market
D) can buy future's contracts in many sizes, from very small to very large
Quick Reply
