Principles of lodging - Study guides, Class notes & Summaries

Revenue Management Final Exam Question & Answers 2024. 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 -...

What is the term to describe the average revenue generated by each available guest room during a specific period of time? - ANSWER-RevPAR What is the industry term used to describe the sum of prices paid by a business's customers? - ANSWER-Total revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - ANSWER-Costs What is the name for the net value achieved by both parties in a business transaction? - ANSWER-Profit What is the f...

ABST Alberta Basic Security Training Module 2 Exam 36 Questions with Verified Answers Everyone has the right to life, liberty and security of the person and the right not to be deprived thereof except in accordance with the principles of fundamental justice. - CORRECT ANSWER Life, liberty and security of person; Canadian Charter of Right and Freedoms - Section 7 Everyone has the right to be secure against unreasonable search or seizure. - CORRECT ANSWER Search or seizure; Canadian Charter...

TOUR 1P92 Midterm Flashcards Questions and Answers Graded A+ - Tourism is integrally connected to distinctive place specific characteristics and is driven by people's desire to have an experience in, and form a relationship w/ unfamiliar places. - Tourism is all about the production and consumption of in-place experiences - The fundamental condition for the development of tourism in the first place is that travelers must have both the ability and the willingness to travel (there must be a de...

EPO 1: ID use of authority elements Correct Answer : -Power, Force, Discretion, Control, Influence, Leadership, Command Presence EPO 2: ID core values for LEO's & how they influence an officers use of authority Correct Answer : -Integrity, Fairness, Respect, Honesty, Courage, Compassion EPO 1: ID the human stress response Correct Answer : -Resilience: ability to bounce back from challenges -Stress: the non-specific response of the body to any demand -Healthy stress=Eustress(promotion) ...

It is still pending approval until 90 days have passed. - correct answer -Harold filed his application for sales associate licensure 31 days ago. To date he has not heard if his application has been approved or not. What is the status of Harold's application? The broker is not eligible for a Florida license under the mutual recognition agreement. - correct answer -A licensed broker in Georgia moved to Florida 6 months ago and now wants to apply for a Florida broker's license under the mutua...

EPO 1: ID use of authority elements - -Power, Force, Discretion, Control, Influence, Leadership, Command Presence EPO 2: ID core values for LEO's & how they influence an officers use of authority - -Integrity, Fairness, Respect, Honesty, Courage, Compassion EPO 1: ID the human stress response - -Resilience: ability to bounce back from challenges -Stress: the non-specific response of the body to any demand -Healthy stress=Eustress(promotion) - Bad stress=Distress -Physical stress response...

Definition of Nursing Nursing is the protection, promotion and optimization of health and abilities, prevention of illness and injury, alleviation of suffering through diagnosis and treatment of human response, the advocacy in the care of individuals, families, communities and populations OCC Nursing Philosophy Caring for human beings Understanding their environment Nurturing health Maintaining high standards of nursing OCC Nursing Core Competencies Accountability, Collaborat...

It is still pending approval until 90 days have passed. - correct answer -Harold filed his application for sales associate licensure 31 days ago. To date he has not heard if his application has been approved or not. What is the status of Harold's application? The broker is not eligible for a Florida license under the mutual recognition agreement. - correct answer -A licensed broker in Georgia moved to Florida 6 months ago and now wants to apply for a Florida broker's license under the mutua...

what are the five basic principles of the Air Force's organizational structure? emphasis on wartime task,functional grouping,lean organizational structures, skip-echelon structures and standard levels what steps should you take when dealing with difficult situations? listen to your customer attentively, show empathy, solve the problem, and take them to the patient advocate or supervisor who should the BCAC work with to provide enrollment, benefit, and claims processing? ... ...