The investment decision looks at:
A) the firm's capital structure
B) which assets the firm should invest in
C) how to raise the funds to pay for the firm's worthwhile investments
D) decisions involving the right side of the firm's balance sheet
The manager of the casino cage should report to the casino's director of finance (or CFO or controller).
Indicate whether the statement is true or false
When management increases ROE by using increased debt financing:
A) the owners' required rate of return remains the same
B) the owners' required rate of return rises
C) the risk of the investment remains the same
D) the risk of the investment decreases
Globalization only impacts hotel companies with properties in countries outside of the United States.
Indicate whether the statement is true or false
In casino terminology the term fills refers to the security tasks of transporting gaming chips from tables to the casino cage.
Indicate whether the statement is true or false
Experiences can be easily replicated.
Indicate whether the statement is true or false
Which of the following is a common, but fatal assumption?
A) Facility management is not as important as people.
B) This course should be taken by every hotel student.
C) This course does not pertain to me or what I do.
D) Facility management and people management are two mutually exclusive areas.
Using the four facets of the hospitality industry (travel, lodging, foodservice, and recreation), differentiate between the method of service offered to customers. Use specific examples.
What will be an ideal response?
In a casino, it is the responsibility of security department personnel to handle intoxicated guests.
Indicate whether the statement is true or false
Team building is not an important characteristic of entrepreneurs.
Indicate whether the statement is true or false
Quick Reply
