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Hospitality Revenue Management Bundled Exam Questions and CORRECT ANSWERS
Hospitality Revenue Management Bundled Exam Questions and CORRECT ANSWERS
[Show more]Hospitality Revenue Management Bundled Exam Questions and CORRECT ANSWERS
[Show more]What is the industry term used to describe the sum of prices paid by a business's customers? - 
total revenues 
Historically, what concept have hospitality managers chiefly used to calculate their selling 
prices? - costs 
What is an algebraic equivalent of the formula: Sales = Costs + Profit? - p...
Preview 3 out of 21 pages
Add to cartWhat is the industry term used to describe the sum of prices paid by a business's customers? - 
total revenues 
Historically, what concept have hospitality managers chiefly used to calculate their selling 
prices? - costs 
What is an algebraic equivalent of the formula: Sales = Costs + Profit? - p...
Most of the entities below are classified as "Chains". Which one is a "Parent Company" 
consisting of multiple chains? - Accor Hotels 
Which is a true statement about Parent Companies? - Parent Companies and the related 
chains have changed over time 
What are the three different operation typ...
Preview 3 out of 21 pages
Add to cartMost of the entities below are classified as "Chains". Which one is a "Parent Company" 
consisting of multiple chains? - Accor Hotels 
Which is a true statement about Parent Companies? - Parent Companies and the related 
chains have changed over time 
What are the three different operation typ...
Hospitality Revenue Management Final 
Exam Review UPDATED Exam Questions 
and CORRECT Answers 
What is the industry term used to describe the sum of prices paid by a business's customers? - 
Correct Answer- total revenues 
Historically, what concept have hospitality managers chiefly used to calcu...
Preview 3 out of 21 pages
Add to cartHospitality Revenue Management Final 
Exam Review UPDATED Exam Questions 
and CORRECT Answers 
What is the industry term used to describe the sum of prices paid by a business's customers? - 
Correct Answer- total revenues 
Historically, what concept have hospitality managers chiefly used to calcu...
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