Unit 1 - The Hospitality Industry

HM 441 Exam #1|65 Questions with Answer 2023 Product, Customer, Time, Price - CORRECT ANSWER Revenue management is selling the right _______ to the right _________ at the right ________ for the right ________ Revenue/Yield Management - CORRECT ANSWER Maximize revenue by optimizing capacity, rates and prices and distribution under current and future demand/supply MARKET condition Demand Forecasting - CORRECT ANSWER The most important revenue management feature is They have informati...

AHLEI Exam Q&A Solved 100% correct QUESTIONS AND ANSWERS 2023 Account receivable system - ANSWER a system to account for revenue that is due. has been earned but not yet collected Accrual accounting system - ANSWER An accounting system that matches revenue generated with the expenses incurred to generate the revenue Commercial food service operations - ANSWER Food service operations found in lodging properties, clubs, restaurants, and other businesses. These operations exist to make a...

AHLEI Exam Q&A Solved 100% correct QUESTIONS AND ANSWERS 2023 Account receivable system - ANSWER a system to account for revenue that is due. has been earned but not yet collected Accrual accounting system - ANSWER An accounting system that matches revenue generated with the expenses incurred to generate the revenue Commercial food service operations - ANSWER Food service operations found in lodging properties, clubs, restaurants, and other businesses. These operations exist to make a p...

AHLEI Exam Q&A Solved 100% correct QUESTIONS AND ANSWERS 2023 Account receivable system - ANSWER a system to account for revenue that is due. has been earned but not yet collected Accrual accounting system - ANSWER An accounting system that matches revenue generated with the expenses incurred to generate the revenue Commercial food service operations - ANSWER Food service operations found in lodging properties, clubs, restaurants, and other businesses. These operations exist to make a p...

percentage the building will consume - ANSWER-The building will consume anywhere from 6% to 15% of the property's gross revenue each year - and that does not include the costs for periodic renovations! purpose of a building foundation - ANSWER--gathers the weight and movement of the building, then transfers it to a stable sub-strate (layer) of material below ground •Prevents the building from:•Sinking•Tipping over•Twisting•Collapsing•Breaking•Sliding away what kind of soil ...

PGA PGM Level 1 3.0 Teaching and Coaching Verified 2023 PGA PGM Level 1 3.0 Teaching and Coaching|Verified | 2023 Improvement in golf skill performance due to increased strength and flexibility as a result of participation in a fitness program is evidence that learning has taken place. Correct Answer: False A common mistake in teaching is the expectation that the student will be able to learn a skill from a verbal suggestion Correct Answer: True Autonomous learning is ...

AQA A-LEVEL ECONOMICS 7136/1 MARK SCHEME VERSION 1 A-level ECONOMICS 7136/1 PAPER 1 Markets and market failure Mark scheme June 2019 Version 1.0 Final *196A71361/MS* Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all ass...

AQA A-LEVEL ECONOMICS 7136/1 MARK SCHEME VERSION 1 A-level ECONOMICS 7136/1 PAPER 1 Markets and market failure Mark scheme Version 1.0 Final *196A71361/MS* Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all associates...

AQA A-LEVEL ECONOMICS 7136/1 MARK SCHEME VERSION 1 A-level ECONOMICS 7136/1 PAPER 1 Markets and market failure Mark scheme June 2019 Version 1.0 Final *196A71361/MS* Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all ass...

AQA A-LEVEL ECONOMICS 7136/1 MARK SCHEME VERSION 1 A-level ECONOMICS 7136/1 PAPER 1 Markets and market failure Mark scheme June 2019 Version 1.0 Final *196A71361/MS* Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all ass...