Intro to Lodging Management - Final
Exam Study Guide Chapters 1, 3, 10-
14 correctly answered
accommodation - correct answer ✔✔ A place to sleep for one or more nights; also called
lodging.
brand - correct answer ✔✔ A name, logo, tagline, or any combination of these that
distinguishes a product from its competitors.
career and technical student organization - correct answer ✔✔ Organization for students with
an interest in a career area, such as hospitality or business.
chain - correct answer ✔✔ Business that has more than one establishment under the same
name and the same ownership.
foodservice industry - correct answer ✔✔ Segment of the hospitality industry consisting of
businesses that prepare food and beverages for customers.
franchise - correct answer ✔✔ The right to do business using the brand and products of another
business; the business that is set up.
franchise agreement - correct answer ✔✔ Legal document that sets up a franchise.
franchisee - correct answer ✔✔ Person who buys the right to use the brand.
franchisor - correct answer ✔✔ Person who owns the chain and the brand.
,hospitality - correct answer ✔✔ Meeting the needs of guests with kindness and goodwill
hospitality industry - correct answer ✔✔ Industry that provides services to people away from
home.
independent business - correct answer ✔✔ Business that has only one establishment and is not
connected legally or by contract to any other business; also called single-unit business.
lodging - correct answer ✔✔ A place to sleep for one or more nights. Also called
accommodation
lodging industry - correct answer ✔✔ Industry that consists of businesses providing overnight
accommodations.
multi-unit business - correct answer ✔✔ Business that has two or more establishments that
function as part of a chain or franchise.
professional association - correct answer ✔✔ A group of people organized to improve
themselves, their profession, and their industry.
recreation - correct answer ✔✔ Any activity that people do for rest, relaxation, and enjoyment.
recreation industry - correct answer ✔✔ Industry that consists of providers of activities for rest,
relaxation, and enjoyment.
single-unit business - correct answer ✔✔ Business that has only one establishment and is not
connected legally or by contract to any other business; also called independent business.
, tourism industry - correct answer ✔✔ Industry consisting of businesses that organize and
promote travel for business, leisure, and other purposes.
travel industry - correct answer ✔✔ Industry that consists of businesses that physically move
travelers from one place to another.
travel package - correct answer ✔✔ Package that includes trip arrangements for several
segments of the hospitality industry, such as transportation, lodging, meals, and entertainment.
accessible - correct answer ✔✔ Able to be entered and used by a person with a disability.
amenity - correct answer ✔✔ Extra item or service that adds to a traveler's comfort or
convenience.
contraction - correct answer ✔✔ Period when the economy is slowing down and doing poorly;
also called recession
cruise - correct answer ✔✔ Pleasure trip taken by boat or ship.
demographic trend - correct answer ✔✔ Increase or decrease over time in the number of
people in a demographic subgroup.
diversity - correct answer ✔✔ Word used to describe a group of people from a variety of
backgrounds, cultures, religions, beliefs, and languages.
expansion - correct answer ✔✔ Period when the economy is growing and doing well.
globalization - correct answer ✔✔ Process in which the economies of different nations become
interconnected.
Exam Study Guide Chapters 1, 3, 10-
14 correctly answered
accommodation - correct answer ✔✔ A place to sleep for one or more nights; also called
lodging.
brand - correct answer ✔✔ A name, logo, tagline, or any combination of these that
distinguishes a product from its competitors.
career and technical student organization - correct answer ✔✔ Organization for students with
an interest in a career area, such as hospitality or business.
chain - correct answer ✔✔ Business that has more than one establishment under the same
name and the same ownership.
foodservice industry - correct answer ✔✔ Segment of the hospitality industry consisting of
businesses that prepare food and beverages for customers.
franchise - correct answer ✔✔ The right to do business using the brand and products of another
business; the business that is set up.
franchise agreement - correct answer ✔✔ Legal document that sets up a franchise.
franchisee - correct answer ✔✔ Person who buys the right to use the brand.
franchisor - correct answer ✔✔ Person who owns the chain and the brand.
,hospitality - correct answer ✔✔ Meeting the needs of guests with kindness and goodwill
hospitality industry - correct answer ✔✔ Industry that provides services to people away from
home.
independent business - correct answer ✔✔ Business that has only one establishment and is not
connected legally or by contract to any other business; also called single-unit business.
lodging - correct answer ✔✔ A place to sleep for one or more nights. Also called
accommodation
lodging industry - correct answer ✔✔ Industry that consists of businesses providing overnight
accommodations.
multi-unit business - correct answer ✔✔ Business that has two or more establishments that
function as part of a chain or franchise.
professional association - correct answer ✔✔ A group of people organized to improve
themselves, their profession, and their industry.
recreation - correct answer ✔✔ Any activity that people do for rest, relaxation, and enjoyment.
recreation industry - correct answer ✔✔ Industry that consists of providers of activities for rest,
relaxation, and enjoyment.
single-unit business - correct answer ✔✔ Business that has only one establishment and is not
connected legally or by contract to any other business; also called independent business.
, tourism industry - correct answer ✔✔ Industry consisting of businesses that organize and
promote travel for business, leisure, and other purposes.
travel industry - correct answer ✔✔ Industry that consists of businesses that physically move
travelers from one place to another.
travel package - correct answer ✔✔ Package that includes trip arrangements for several
segments of the hospitality industry, such as transportation, lodging, meals, and entertainment.
accessible - correct answer ✔✔ Able to be entered and used by a person with a disability.
amenity - correct answer ✔✔ Extra item or service that adds to a traveler's comfort or
convenience.
contraction - correct answer ✔✔ Period when the economy is slowing down and doing poorly;
also called recession
cruise - correct answer ✔✔ Pleasure trip taken by boat or ship.
demographic trend - correct answer ✔✔ Increase or decrease over time in the number of
people in a demographic subgroup.
diversity - correct answer ✔✔ Word used to describe a group of people from a variety of
backgrounds, cultures, religions, beliefs, and languages.
expansion - correct answer ✔✔ Period when the economy is growing and doing well.
globalization - correct answer ✔✔ Process in which the economies of different nations become
interconnected.
