Hospitality sales - Study guides, Study notes & Summaries

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 bus...

Revenue Management Final Exam| Questions With Verified Answers A Graded Latest Updated 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 correct answer -total revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? -income -revenue -costs -profits correct answer -costs What is an algebraic...

Hospitality sales and marketing final exam with complete solution 2023/2024 Which of the following statements about the relationship between marketing and sales is true? - ANSWER-The scope of marketing activities is more long-term than that of sales activities Mick is responsible for evaluating the brand identity of a chain and recommending ways to increase the value of the brand. For which of the following components of a hospitality marketing mix is mick responsible? - ANSWER-Product-ser...

Revenue Management Final Exam | Latest 2023 with complete solution 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? - Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - Profit What elem...

CHSP Certified Hospitality Sales Professional (American Hotel & Lodging Educational Institute)fully solved

Revenue Management Final Exam | Updated Question & Answers Graded A + 2023/2024 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 calculate their selling prices? Correct Answer Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? Correct Answer Profit = Sales - Costs What is the name for the net value achieved by both ...

CHSP Certified Hospitality Sales Professional (American Hotel & Lodging Educational Institute) Q & A

Hospitality Sales and Marketing Final Exam With Correct Questions And Answers 2024

Which of the following statements about the relationship between marketing and sales is true?The scope of marketing activities is more long-term than that of sales activities Mick is responsible for evaluating the brand identity of a chain and recommending ways to increase the value of the brand. For which of the following components of a hospitality marketing mix is mick responsible?Product-service mix Advertising and direct mail campaigns best fit into which of the following components of...

CHSP Certified Hospitality Sales Professional (American Hotel & Lodging Educational Institute) Test With Complete Solutions

ACCOUNTING ESSENTIALS FOR HOSPITALITY MANAGERS 4TH EDITION CHRIS GUILDING, KATE MINGJIE JI TEST BANK Chapter 1: Introduction: Hospitality Decision Makers’ Use of Accounting 1. Which of the following is not an example of a sector that can be classified within the hospitality industry? A. Cruise liners B. Country and sports clubs C. Pubs and bars D. Fast-food outlets E. All of the above can be classified within the hospitality industry 2. Which of the following statements is not...