Owners roi formula Study guides, Class notes & Summaries

Direct democracy - ANSWER-all individuals express their opinions themselves and not through representatives acting on their behalf Representative democracy - ANSWER-an individual selects a person to act on their behalf Similarities of representative and direct democracy - ANSWER-based on a majority Differences of direct and representative democracy - ANSWER-direct is not elective, direct is for individuals, direct has more citizen involvement Legitimacy - ANSWER-the right to exerci...

ADR formula - ANSWERSTotal Rooms Revenue / Total Rooms Sold Value proposition - ANSWERSwhen a seller communicates to a buyer a description of a product to be sold and the price at which that product will be sold Owners ROI formula - ANSWERSOwners Investment Return/ Owner's Original Investment Profit - ANSWERSnet value achieved by both parties in a business transaction GOPAR formula - ANSWERSTotal revenue - Management Controllable Expenses / Rooms Available to sell Destination mar...

House of Lean - ANSWER Goal: Value Foundation: Leadership, Respect for People and Culture, Development Flow, Innovation, Relentless Improvement Lean Goal - ANSWER Speed, quality, value. sustainably shorted lead time, best quality and value to people and society, most customer delight, lowest cost, high morale, safety Respect for People - ANSWER Lean principle, your customer is whoever consumes your work. Develop individuals and teams, empower teams, build partnerships based on trust and mu...