An unsecured bank loan is a loan for which no collateral has been pledged.
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________ systems are used to remove water used inside the building. The water must be treated before being returned to the environment.
A) Sanitary sewer B) Gravity-fed/downfeed
C) Constant pressure D) Storm sewer
In house and guest communications in a hotel are managed by
A) CBX or PBX B) point of sales systems
C) the F.O.M. D) the sales department
Data collection is divided into two parts: international and domestic trends.
Indicate whether the statement is true or false
It is wise to borrow funds to pay an invoice during its cash discount period if the funds can be borrowed at less than the cash discount's effective interest rate.
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Minimizing foreign exchange risk can be accomplished by:
A) just taking whatever the exchange rate is at the time of the actual transaction
B) hedging
C) speculating
D) using only the foreign currency in all foreign transactions
Which of the following are parties to a licensing agreement?
A) The owner of intellectual property
B) The manufacturer of the product
C) Licensing attorney
D) A and B above
E) All the above
Employees that typically report directly to the general manager of an extended-stay hotel include:
A) Front Desk Clerk. B) Housekeeper. C) Director of Sales. D) A and B above
________ systems are used to remove environmental water, such as rainfall or snowmelt, from around the property.
A) Septic field B) Sanitary sewer C) Storm sewer D) None of the above
A good marketing plan does not need to provide direction for the organization.
Indicate whether the statement is true or false
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