Tourism management Study guides, Revision notes & Summaries

This document contains workings, explanations and solutions to the GGH3705 Assignment 1 (QUALITY ANSWERS) Semester 1 2024. For assistance call or Whats-App us on 0.6.8..8.1.2..0.9.3.4.....Questions: Section A Section A of this assignment focuses on referencing. Many of you struggle with referencing in your written essay assignments and often obtain a mark of less than 50%, even though you would have passed if you had referenced correctly. The purpose of this section is to help you acquire the ...

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...

What is bigger in the tourism industry, fixed costs or variable costs? fixed costs are bigger -Think of an airplane: staffing, airport fees (fixed) - huge amount of the costs for airplanes come from fixed costs; food, fuel (variable) - not as easy to determine the variable costs We can reduce prices (even below total cost per room), as long as the reduced price covers, fixed cost per room or variable cost per room? We can reduce prices as long as the reduced price covers the variable ...

who are players in the hotel industry - ANSWER-affiliations operations and independents categorizations used by hotel industry - ANSWER-geographic categories non-geographic categories what affiliations could a single hotel have - ANSWER-chain parent company management company owner asset management company chain - ANSWER-represents hotel brand which is clearly displayed to public and in all interactions STR uses ____ and _____ synonymously - ANSWER-chain and brand parent co...

HRD3702 Assignment 7 Semester 2 2023 (ANSWERS) Question 1 Answer saved Marked out of 1.00 Flag question Question text Career resilience is the ability to adjust to career changes as and when it happens and adapt to what the market is demanding of you. Career resilience within the organisation includes; Avoidance of skill obsolescence Commitment to organisation Participating in learning activities Personal motivation Clear my choice Question 2 Answer saved Marked out of 1.00 Fl...

what is the industry term used to describe the sum of prices paid by a business's customers? -daily receipts -profit -profits less expenses -total revenues -total revenues historically, what concept have hospitality managers chiefly used to calculate their selling prices? -income -revenue -costs -profits -costs what is an algebraic equivalent of the formula: sales=costs+profit? -profit=sales-costs -costs=sales+profits -costs=profit-sales -prof...

HRD3702 Assignment 7 Semester 2 2023 .100% CORRECT questions, answers, workings and explanations.Question 1 Answer saved Marked out of 1.00 Flag question Question text Career resilience is the ability to adjust to career changes as and when it happens and adapt to what the market is demanding of you. Career resilience within the organisation includes; Avoidance of skill obsolescence Commitment to organisation Participating in learning activities Personal motivation Clear my choice Question 2 Ans...

TRT1602 Assignment 4 (COMPLETE ANSWERS) Semester 1 2024 (613480) - DUE 29 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9.......... Question 1 Not yet answered Marked out of 1.00 QUIZ In a SWOT analysis, focusing on the opportunities and threats gives a manager insight into the external environment. Time left 0:57:38 TRT1602-24-S1  Welcome to TRT1602  Assessment 4 Question 2 Not yet answered Marked out of 1...

Trends in Energy consumption Types of aid Factors affecting trade Management of Bali's tourism

What has changed for Healthcare Analytics? - Answer- 1 - Increased computing power and storage, decrease in cost; 2 - increased abundance of data in healthcare; 3 - increase in individuals having strong competencies Big Data - Answer- Refers to the Growth in available data, massive continually increasing volume of live and stored data for analysis; and the increase in tools available for highly sophisticated ways to combine and analyze data to yield new information and insights. (Size Sco...