The ask price of a share of stock is always higher than the bid price.
Indicate whether the statement is true or false
Which of the following is not a key item that ought to be covered in any business plan?
A) company history B) operations plan
C) budgets for the last 10 years D) management/organizational chart
The person who reconciles product sales with revenues generated is the:
A) food and beverage director. B) operations manager.
C) business manager. D) cash room manager.
Which segment of the hotel industry is most mature?
A) Limited-service B) Full-service hotels
C) Condominium hotels D) Extended-stay
Cities often establish an organization to attract and retain visitors. This is called
A) National Office of Tourism B) Convention and Visitors Bureau
C) Destination Management Company D) State Office of Tourism
The Walker Golf Club is an exclusive, upscale golf facility in south Florida and you are the general manager. A new member has approached you with a complaint about a dining room server that has been employed by the club for more than 15 years.
The club member wants this person terminated. The Board of Directors requires all hires and terminations to be approved at official board meetings. Discuss how you will research, document, and ultimately handle this situation.
Product certification involves a three step process:
A) inspecting, training, monitoring. B) testing, adjusting, monitoring.
C) testing, adjusting, balancing. D) testing, validating, auditing.
Which of the following is part of the loyalty circle?
A) Value B) Value loyalty C) Value creation D) Value perception
Compare a country club to a city club.
What will be an ideal response?
Mixed use hotel development indicates that a hotel
A) is near transportation B) may also have residences
C) serves food D) can be used for meetings and lodging
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