Hospitality management - Study guides, Class notes & Summaries

HOSPITALITY MANAGEMENT EXAM 1 QUESTIONS AND CORRECT ANSWERS

This document contains workings, explanations and solutions to the INC3701 Assignment 1 (QUALITY ANSWERS) 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4...... Question text Which statement describes sociocultural consciousness? An awareness _____. a. that a person’s life experiences do not shape his/her view of the world b. of one’s reputation in relation to others c. that one’s thoughts emanate from one’s experiences d. that one’s life experiences might be differen...

Hospitality Management Chapter 6 through 14 Exam 2023...

what is the industry term used to describe the sum of prices paid by a business's customers? -daily receipts -profit -profits less expenses -total revenues -total revenues historically, what concept have hospitality managers chiefly used to calculate their selling prices? -income -revenue -costs -profits -costs what is an algebraic equivalent of the formula: sales=costs+profit? -profit=sales-costs -costs=sales+profits -costs=profit-sales -prof...

revenue per available room - ANSWER-the measure of how hospitality is peforming in the industry restaurant share of the food dollar - ANSWER-48% Characterization of hotels - ANSWER-full service, limited service, suite hotels, resort, conventional Service - ANSWER-a derivative product and occurs simultaneously with production. it is intangible Service considerations - ANSWER-word of mouth, technology The communication Loop - ANSWER-measures service expectations, emphasize info qual...

Lagest hotel chain number of locations - ANSWER-Best Western Largest hotel chain number of rooms - ANSWER-Marriott First Franchise in the US - ANSWER-Ritz Carlton 1907 New York City Management Contract in the US - ANSWER-Responsible for the rapid growth in the hotel industry since the 1970s Management Contracts are the basics Two organizations that rate hotel - ANSWER-American Automobile Association Mobile Travel Guide American Automobile Association - ANSWER-Uses diamond r...

HOSPITALITY REVENUE MANAGEMENT EXAM 2024 AND PRACTICE EXAM TEST BANK WITH STUDY GUIDE | ACCURATE QUESTIONS WITH DETAILED ANSWERS FOR GUARANTEED PASS | GRADED A

Hospitality Management Operations 2 Quiz Questions for Exam 1...

behavioral school of management - ANSWER-management theorists who sought to develop better ways to motivate workers than the rules, systems, and wages proposed by the classical management theorists. classical school - ANSWER-a school of management thought in which workers are seen as rational people interested primarily in making money. This management approach addresses an employee's economic and physical needs, but not his or her social needs or need for job satisfaction. competitive be...

Hospitality Management Operations 2 End-of-Chapter Questions Answers for Exam One 2023...