Hospitality and tourism - Study guides, Class notes & Summaries

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...

TRT3702 Assignment 4 (COMPLETE ANSWERS) Semester 2 2024 (253088)- DUE 2 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App Match the following terms to the correct scenarios and defi nitions. Janine planned a wine tour to explore the Western Cape, intrigued by the uniquequalities of its wines. She researched the area's histAory and culture, discoveringthat the vineyards had their own distinct story. As she savored each wine, shenoticed how the...

DECA Hospitality and Tourism CLuster Exam Questions & Answers 2024/2025 Many nations have developed environmental regulations in order to encourage A. ethical behavior. B. conservation. C. moral conduct. D. industrialization. - ANSWERSB Mr.Brown has inherited a small sum of money, and he wants to become a business owner. However, he has a full time job that he plans to keep and very little time to operate his own business. What type of ownership should he consider? A. Corporati...

Principles of Hospitality and Tourism (DECA), DECA Business Administration Core - Performance Indicators, Business Exam

Principles of Hospitality and Tourism (DECA), DECA Business Administration Core - Performance Indicators, Business Exam

DECA Hospitality and Tourism Cluster Exam - Test 1183 Questions with Verified Answers Latest Update 2025 Charice creates a new kind of glue using a new chemical formula she invented. She wants to make sure none of her competitors use the formula for their products. To protect the formula, Charice should __________ it. --- correct answer ---PATENT What type of law focuses on protecting natural resources? --- correct answer ---ENVIRONMENTAL Consumers of hospitality products have the right to ...

Growth in demand for hospitality and tourism educators is derived: correct answers directly from the demand for people working in hospitality/tourism industry Growth of hospitality and tourism correct answers Tourism: -largest industry in the world -THIRD largest industry in US Segments of Lodging Accommodation & Food Service: -comprise 10% of all employment -growth of convention and event sector b/w is 44% Related growth of H&T Education correct answers primary growth in 4-year...

Test Bank for Marketing for Hospitality and Tourism, 8th Edition Philip Kotler, John T. Bowen, Seyhmus Baloglu

Hospitality and Tourism DECA Exam Questions With Answers As a primary source of law, federal statutes are enacted by... A. administrative agencies B. the U.S. supreme court C. The U.S. congress D. the House of Representatives C A restaurant wants to open a second location, but it doesn't have the necessary money to do so. However, it is able to borrow money from a ___ to open the new facility... A. creditor B. debtor C. borrower D. wholesaler A David and Ella are in busines...

Solution Manual for Marketing for Hospitality and Tourism, 8th Edition Philip Kotler, John T. Bowen, Seyhmus Baloglu