Which of the following is not mentioned in the text as a source of financing for the entrepreneurial venture?
A) angel investors B) BIDCO's
C) municipal 504 loan program D) federal 504 loan program
A hospitality company does not have to take actual delivery of a product purchased through a futures contract to have hedged its price.
Indicate whether the statement is true or false
CRM stands for Customer Rotation Management.
Indicate whether the statement is true or false
The ultimate responsibility and authority of running a hotel rests with
A) the executive committee B) the front office manager
C) the regional vice president D) the general manager
Walt Disney World in Orlando has more than 55,000 cast members (employees).
Indicate whether the statement is true or false
Sustainability is a zero-sum game.
Indicate whether the statement is true or false
Frequent-traveler program amenities are typically offered by what type of limited-service hotels?
A) Upscale
B) Budget
C) Economy
D) B and C above
E) All the above
Word of mouth marketing is attainable for services but not goods.
Indicate whether the statement is true or false
Futures contracts for foodstuffs can be purchased in virtually any size or quantity desired.
Indicate whether the statement is true or false
A public gambling house was legalized for the first time in 1626 in
A) North America
B) Paris
C) Russia
D) England
E) Venice
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