Which is NOT an example of an entity that might have procurement responsibilities?
a. Corporate level
b. Property level
c. Outsourcing
d. Accounts payable
e. Consultant
As the F & B manager of an all-inclusive hotel operating Basic / StandardAll Inclusive System how would you allocate your financial resources?: a ) Invest heavily on high quality staff and if savings need to be made, make those savings by reducing
the quality and variety of food and beverages. b) Invest heavily on the quality and variety of food and beverages and make if savings need to be made, make those savings by employing staff with average but acceptable qualities.
Why are a business's vendors interested in information contained in that business's income statement?
a. So they can arrange for the best time to make deliveries
b. To help the vendor secure future orders from the business
c. To assist in determining which products should be sold to the business
d. So they can make decisions about payment terms that should be offered
Why is a bad review of your restaurant NOT always a bad thing?
a. It allows you to identify and correct problems with personnel
b. It helps you understand problems with your restaurant's atmosphere
c. It allows people to vent online
d. It allows me to identify customers who are whiners
The democratic consensus stipulates that not only will we limit the overall availability of casino gambling opportunities in our jurisdiction, but we will also ensure that those that we do allow are popular with the public.
Indicate whether the statement is true or false
To calculate a firm's value added,
a. subtract the amount the firm spends on labor, interest, and materials from its total revenue.
b. subtract the amount the firm spends on intermediate goods from its total revenue.
c. subtract the firm's profits from its total revenue.
d. subtract the amount the firm spends on wages and salaries from its total revenue.
An operation's income statement shows total expenses of 45,500 for a specific month. Before tax profits for the month were 3,250 . What was this operation's revenue for the month?
a. 42,250
b. 46,750
c. 48,750
d. 52,250
Can a player with casino credit use this money to place sport bets?
What will be an ideal response?
Thinking strategically, what are the practical realities for a restaurant to engage in geo-location games such as FourSquare?
a. Allows for humanization of your brand
b. Allows your restaurant to be found more easily
c. Encourages more business from friends of patrons who check in
d. Both B&C
e. All of the above
You have been appointed as the F & B of a hotel which is planning to switch to all-inclusive system. Your general manager has asked you to consider the main types of all-inclusive system and recommend one which would be appropriate for your hotel.
Discuss how would you about choosing the appropriate all-inclusive system for your hotel.
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