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bturner bturner
wrote...
Posts: 572
Rep: 1 0
6 years ago
With country clubs, the type of membership that enables members to use all the facilities all the time is a:
 
  A) entitlement membership B) full membership
  C) social membership D) monthly membership



Provide as much information as you can about a typical Revenue Management graph for a Corporate/Airport Hotel. Include two selling strategies.
 
  What will be an ideal response?



A restaurant that offers a good selection of menu items, with 15 or more being cooked to order and made from scratch could be categorized as a:
 
  A) quick service restaurant B) family style restaurant
  C) fusion restaurant D) fine dining restaurant



Through tourism the ________ aims at stimulating economic growth and job creation, providing incentives for protecting the environment and cultural heritage and promoting peace, prosperity, and respect for human rights.
 
  Fill in the blank(s) with correct word



A club house, golf course, banquet facilities, swimming pool, bars and restaurants are characteristic of which type of club?
 
  A) Professional club B) Country club C) Fraternal club D) City club



List four characteristics of the Balance Sheet.
 
  What will be an ideal response?



The main benefit of franchise ownership is:
 
  A) the concept is proven and less likely to fail B) the initial fees paid to own a franchise are low
  C) the return on the initial investment is quick D) flexibility in operations



Tourism has become one of the world's most important sources of ________.
 
  Fill in the blank(s) with correct word



When joining a country club, a potential member may be required to pay ________ fee which may be refundable when the member resigns.
 
  A) a member fee B) a founders fee C) an initiation fee D) a monthly fee



Franchises are often affiliated with:
 
  A) independent ownership B) international cuisine restaurants
  C) chains D) steak houses
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2 Replies

Related Topics

Replies
wrote...
6 years ago
B

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Revenue Management Graph for a Corporate/Airport Hotel

Number
of Rooms
500

400

300

200
_____________________________ ________________
10 20 30 40 50 60 70
Days to Arrival (DOA)

(Students should draw two lines to show the Historical Average trend and the Booking Pace Actual to show how revenue management works.)

Selling strategies:
Opening and closing discount rates
Requiring minimum length of stays
Shifting the day of arrival

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D

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United Nations World Tourism Organization (UNWTO)

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B

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1. It measures the value or net worth of a company at a specific point in time.
2. The fundamental accounting equation describes the Balance Sheet: Assets = Liabilities + Owner Equity.
3. It is made up of accounts organized by assets, liabilities, and owner equity.
4. These accounts are divided in to current accounts under one year and long term accounts over one year.
5. Each account has a beginning balance, monthly activity, and an ending balance. The ending balance for one month becomes the beginning balance for the next month.
6. Operations managers are not expected to provide monthly Balance Sheet critiques.
7. Accounting department provides the critique and reconciliation.

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A

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employment

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C

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C
bturner Author
wrote...
6 years ago
I just wanted to write to say thanks a bunch for the answer!
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