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RHM Content Exam 1
  • RHM Content Exam 1

  • Exam (elaborations) • 15 pages • 2024
  • RHM Content Exam 1 How is good service defined? What constitutes superior service? - meeting customers' needs in the way they want and expect them to be met; superior service is exceeding customers' expectations What are some challenges service businesses face when managing and marketing their products and services? - 1. The nature of the product is different 2. Customers are more involved in the production process 3. People are part of the product 4. Its' harder to maintain quali...
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TM111 Exam Questions and Answers 100% Pass
  • TM111 Exam Questions and Answers 100% Pass

  • Exam (elaborations) • 6 pages • 2024
  • TM111 Exam Questions and Answers 100% Pass Tourism and hospitality - Answer- one of the fastest growing industries in the world Food and beverage component - Answer- Any business that provides food or drink to customers, including catering businesses. lodging component - Answer- INVOLVES PROVIDING OVERNIGHT OR EVEN LONG- TERM SERVICES TO GUESTS. FOR MANY PEOPLE, LODGING IS A PLACE TO SLEEP. FOR OTHERS, LODGING FACILITIES NOT ONLY PROVIDE BEDS BUT ALSO ENTERTAINMENT AND RECREATIONAL FACILI...
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Revenue Management Final Exam | Latest 2023 with complete question and answer
  • Revenue Management Final Exam | Latest 2023 with complete question and answer

  • Exam (elaborations) • 11 pages • 2024
  • Available in package deal
  • Revenue Management Final Exam | Latest 2023 with complete question and answer 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 trans...
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Foundations of Event Management Exam 1 Questions & Answers 100% verified!!
  • Foundations of Event Management Exam 1 Questions & Answers 100% verified!!

  • Exam (elaborations) • 6 pages • 2024
  • Foundations of Event Management Exam 1 Questions & Answers 100% verified!!What does MEEC stand for? -ANSWER Meetings, Exhibition, Event, and Convention What are the 3 significant entities that organize and hold MEEC gatherings? -ANSWER Corporations Associations Government Third Sectors What are the key components of an event? -ANSWER Unique temporary gathering of people ritual What are some of the divisions of the Tourism and Hospitality Industry? -ANSWER Lodging, food, transporta...
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Chapter 1: The Challenge of Food and Beverage Operations fully solved 100%
  • Chapter 1: The Challenge of Food and Beverage Operations fully solved 100%

  • Exam (elaborations) • 7 pages • 2024
  • Available in package deal
  • Chapter 1: The Challenge of Food and Beverage Operations fully solved 100% food and beverage operations - correct answer a distinct segment of the travel and tourism, as well as an important part of each of the other segments of the travel and tourism industry. Lodging Operations - correct answer Hotels, Conference Centers, Bed and Breakfasts, Casinos, Cruise Ships Transportation Services - correct answer Ships, Airplanes, Trains Retail Stores - correct answer Shopping Malls, Market...
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HOSP 1010- Gaillard, Exam 1 Questions and Answers 100% Pass
  • HOSP 1010- Gaillard, Exam 1 Questions and Answers 100% Pass

  • Exam (elaborations) • 17 pages • 2024
  • HOSP 1010- Gaillard, Exam 1 Questions and Answers 100% Pass What is the symbol for hospitality? - Answer- a pineapple; symbol of welcome and friendship, What is the service distinction made up of? - Answer- intangibility, inseparability, perishability, and variability Intangilbility - Answer- can't be seen, tasted, felt, heard, or smelled before purchase Inseparability of Production and Consumption - Answer- Production of a service cannot be separated from its consumption by customers- ...
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Hosp 1010 Ch 1-6 Exam Questions and Answers 100% Pass
  • Hosp 1010 Ch 1-6 Exam Questions and Answers 100% Pass

  • Exam (elaborations) • 8 pages • 2024
  • Available in package deal
  • Hosp 1010 Ch 1-6 Exam Questions and Answers 100% Pass ________ are lodging facilities where the owner lives on premises or nearby and provides memorable, attractive accommodations and breakfast. - Answer- Bed and breakfast 75% of car rental sales take place at: - Answer- airports A commitment to excellence should begin: - Answer- At the beginning of ones hospitality career A demand forecasting technique used to maximize room revenue is known as: - Answer- Revenue Management A guest is ...
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Revenue Management Final Exam  Questions with 100% Correct Answers
  • Revenue Management Final Exam Questions with 100% Correct Answers

  • Exam (elaborations) • 18 pages • 2024
  • What is the industry term used to describe the sum of prices paid by a business's customers? - Answer-Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Answer-Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Answer-Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - AnswerProfit What element is not present in a barter economy? - Ans...
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Business management 101 chapter 1-7 Questions and Answers 100% Pass
  • Business management 101 chapter 1-7 Questions and Answers 100% Pass

  • Exam (elaborations) • 10 pages • 2024
  • Business management 101 chapter 1-7 Questions and Answers 100% Pass Business - Answer- any activity that seeks to provide goods and services to others while operating at a profit. Entrepreneur - Answer- a person who risks time and money to start and manage a business Goods - Answer- tangible products such as computers, food, clothing, cars services - Answer- intangible products, such as education, health care, insurance, recreation, and travel and tourism. revenue - Answer- the total am...
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INS 3003 Exam 2 (Questions and Answers)
  • INS 3003 Exam 2 (Questions and Answers)

  • Exam (elaborations) • 12 pages • 2024
  • Available in package deal
  • Globalization 3.0 - Answer-"The Age of Pax Americana" 1945-where we are now Technology has drastically changed, we are living in the age of the internet, information easily accessible Acceleration of travel and tourism Individuals now have the power in their hands that only corporations had access to previously "It became a flat world" Globalization 2.0 - Answer-Spans from 1800-WWII "The Age of Pax Britannica" The world is further changing and becoming more interconnec...
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