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HFT 1000 EXAM QUESTIONS AND ANSWERS LATEST 2024/2025 UPDATE 100% VERIFIED
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HFT 1000 EXAM QUESTIONS AND ANSWERS LATEST 2024/2025 UPDATE 100% VERIFIED When a chain operation replicates a successful product in as many geographic regions as they can, this is referred to as: - Answer-market reach In a mixed franchise form of chain ownership, some units are owned and operat...

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  • December 20, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • hft 1000
  • hft 1000 exam
  • hft 1000 exam questions and answers

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  • HFT 1000
  • HFT 1000

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HFT 1000 EXAM QUESTIONS AND
ANSWERS LATEST 2024/2025
UPDATE 100% VERIFIED

When a chain operation replicates a successful product in as many geographic regions
as they can, this is referred to as: - Answer-market reach

In a mixed franchise form of chain ownership, some units are owned and operated by
the parent company and the rest are owned by many other owners and investors.
(True/False) - Answer-True

A benefit of entrepreneurship is the presence of a corporate entity telling you how, why,
and what to do. (True/False) - Answer-False

A(n) ____ is a written document that lays out the foundation of a proposed business. -
Answer-Business plan

According to the Professional Association of Innkeepers International, _____ of B&B
owners live on the premises. - Answer-79%

Entrepreneurs traditionally fill a dual role; manager of day-to-day operations and
generator of business ideas. (True/False) - Answer-True

The majority of the restaurant industry is independent businesses. (True/False) -
Answer-True

All of the following are challenges to being an independent hotel property except: -
Answer-making your own policy decisions

According to the textbook, roughly ____ of hotels are unbranded. - Answer-23%

Typically a referral organization is a for-profit entity. (True/False) - Answer-False

Traditionally the franchisee pays the initial fee or the franchise fee to start up the
relationship, as well as continuing fees for the duration of the contractual relationship.
(True/False) - Answer-True

Product or service distribution franchises grant the right to sell their company s product
or service. (True/False) - Answer-True

, A franchise increases the risk of trying to start an independent operation from scratch.
(True/False) - Answer-False

______ contracts allow a franchise to purchase additional units of the franchise. -
Answer-Multi unit

There are no advantages to being an independent operator over an owner of a
franchise. (True/False) - Answer-False

A franchise is a contractual relationship whereby a franchisor allows or licenses the
franchisee to use the franchisor's established name and/or successful business
techniques in exchange for a fee. (True/False) - Answer-True

During a 3-day customer hotel stay, they will only have 2-3 "moments of truth."
(True/False) - Answer-False

Service is defined as work or assistance done for others as an occupation or business.
(True/False) - Answer-True

Throughout history, the apple has been a symbol of hospitality. (True/False) - Answer-
False

The term ____ refers to work or assistance done for others as an occupation or
business. - Answer-service

Guest service must be done face-to-face. (True/False) - Answer-False

Traditionally, a back of house employee has constant interaction with the guest.
(True/False) - Answer-False

Ideally, in a service environment, the customer should be referred to as the _____. -
Answer-guest

A ___ is an example of an organization that relies on guest service in its operation. -
Answer-all of the options

The food service industry is growing because more families are eating at home.
(True/False) - Answer-False

Upscale fine dining is the largest segment of the food service industry. (True/False) -
Answer-False

Meals at a correctional facility are part of the hospitality industry. (True/False) - Answer-
True

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