Unit 1 - The Hospitality Industry

The Hospitality Industry - Unit 1

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

percentage the building will consume - ANSWER-The building will consume anywhere from 6% to 15% of the property's gross revenue each year - and that does not include the costs for periodic renovations! purpose of a building foundation - ANSWER--gathers the weight and movement of the building, then transfers it to a stable sub-strate (layer) of material below ground •Prevents the building from:•Sinking•Tipping over•Twisting•Collapsing•Breaking•Sliding away what kind of soil ...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

HM 441 Study Guide 91 Questions with Answers 2023 CHAPTER 1: What is Rev Management? - CORRECT ANSWER Identify which of these is not a positive of using revenue management strategies and tactics: - CORRECT ANSWER Motivate employees The Hurdle Rate is...? - CORRECT ANSWER The Lowest Rate for a Given Day A benefit of variable pricing within revenue management is the smoothing of demand. - CORRECT ANSWER True Revenue management can be defined as - CORRECT ANSWER A set of strateg...

AQA A-LEVEL ECONOMICS 7136/1 MARK SCHEME VERSION 1 A-level ECONOMICS 7136/1 PAPER 1 Markets and market failure Mark scheme Version 1.0 Final *196A71361/MS* Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all associates p...

AQA A-LEVEL ECONOMICS 7136/1 MARK SCHEME VERSION 1 A-level ECONOMICS 7136/1 PAPER 1 Markets and market failure Mark scheme June 2019 Version 1.0 Final *196A71361/MS* Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all ass...

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023 O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Exp...

EUNICE CIPS L4M1 WITH QUESTIONS AND 100% SURE ANSWERS O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2...

Prostart 1 Unit 1 Exam with correct Answers Chapter 1: Which restaurant segment typically has an average per-person dinner check of $10 to $25? Casual dining full-service Chapter 1: Boulanger affected the growth of the restaurant and foodservice industry by opening the first restaurant Chapter 1: Which operation is in the noncommercial foodservice segment? Hospital cafeteria Chapter 1: All the services that people use and receive when they are away from home are known as hos...

EUNICE CIPS L4M1 WITH QUESTIONS AND 100% SURE ANSWERS O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2...

HOSPITALITY AND TOURISM UNIT 1 EXAM QUESTIONS WITH CORRECT ANSWERS 100% 2024

Solution Manual For Business Research Methods, 14th Edition By Pamela Schindler || All Verified Chapters (1 - 17 || Complete Newest Version 2024 A+ Business Research Methods, 14e Instructor’s Manual Copyright © 2022 by McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-1 Chapter 1 Research Foundations and Fundamentals SMARTBOOK This is a, digital version of Business Research Methods, which can be ac...

Prostart 1 Unit 1 Exam with correct Answers Chapter 1: Which restaurant segment typically has an average per-person dinner check of $10 to $25? Casual dining full-service Chapter 1: Boulanger affected the growth of the restaurant and foodservice industry by opening the first restaurant Chapter 1: Which operation is in the noncommercial foodservice segment? Hospital cafeteria Chapter 1: All the services that people use and receive when they are away from home are known as hos...

Prostart 1 Unit 1 Exam with correct Answers Chapter 1: Which restaurant segment typically has an average per-person dinner check of $10 to $25? Casual dining full-service Chapter 1: Boulanger affected the growth of the restaurant and foodservice industry by opening the first restaurant Chapter 1: Which operation is in the noncommercial foodservice segment? Hospital cafeteria Chapter 1: All the services that people use and receive when they are away from home are known as hos...

Prostart 1 Unit 1 Exam with correct Answers Chapter 1: Which restaurant segment typically has an average per-person dinner check of $10 to $25? Casual dining full-service Chapter 1: Boulanger affected the growth of the restaurant and foodservice industry by opening the first restaurant Chapter 1: Which operation is in the noncommercial foodservice segment? Hospital cafeteria Chapter 1: All the services that people use and receive when they are away from home are known as hos...

Prostart 1 Unit 1 Exam with correct Answers Chapter 1: Which restaurant segment typically has an average per-person dinner check of $10 to $25? Casual dining full-service Chapter 1: Boulanger affected the growth of the restaurant and foodservice industry by opening the first restaurant Chapter 1: Which operation is in the noncommercial foodservice segment? Hospital cafeteria Chapter 1: All the services that people use and receive when they are away from home are known as hos...

ENVIRONMENT social and physical characteristics - answer-Ambience Setting Authenticity Environmental Perception Cognitive Map Landmarks Images Geography of tourism Ambience - answer-Dynamic condition Understanding the tourism environment helps predict behavior Affected by people who move in and out of the atmosphere People adapt and respond to ambience Setting (smaller subset of the environment) - answer-Behavioral settings must include: People and Programs- orderly, planned...

ENVIRONMENT social and physical characteristics - answer-Ambience Setting Authenticity Environmental Perception Cognitive Map Landmarks Images Geography of tourism Ambience - answer-Dynamic condition Understanding the tourism environment helps predict behavior Affected by people who move in and out of the atmosphere People adapt and respond to ambience Setting (smaller subset of the environment) - answer-Behavioral settings must include: People and Programs- orderly, planned...

(MR Credit) Building Product Disclosure and Optimization- Environmental Product Declarations - Opt. 2 Multi-Attribute Optimization. Exemplary Performance requirements? - correct answer Option 1. Source at least 40 qualifying products from five manufacturers. Option 2. Purchase 75%, by cost, of permanently installed building products that meet the required attributes What must be true of EPDs to qualify for MR Credit Building Product Disclosure and Optimization EPD? - correct...