Unit 1 hospitality Study guides, Revision notes & Summaries

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023 O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Exp...

Solution Manual For Business Research Methods, 14th Edition By Pamela Schindler || All Verified Chapters (1 - 17 || Complete Newest Version 2024 A+ Business Research Methods, 14e Instructor’s Manual Copyright © 2022 by McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5-1 Chapter 1 Research Foundations and Fundamentals SMARTBOOK This is a, digital version of Business Research Methods, which can be ac...

cursor a flashing marker on a display screen that indicates where the next character to be entered will apear. dashboard and flash reports reports that are produced when predetermined parameters are attained and appear on a user's screen, but are not necessarily accompanied by hard copies. gesture recognition applications applications designed to respond to hand motions or facial expressions rather than physical interfaces such as a keyboard, mouse or touchscreen. hard c...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

HM 441 Study Guide 91 Questions with Answers 2023 CHAPTER 1: What is Rev Management? - CORRECT ANSWER Identify which of these is not a positive of using revenue management strategies and tactics: - CORRECT ANSWER Motivate employees The Hurdle Rate is...? - CORRECT ANSWER The Lowest Rate for a Given Day A benefit of variable pricing within revenue management is the smoothing of demand. - CORRECT ANSWER True Revenue management can be defined as - CORRECT ANSWER A set of strateg...

SAE TEXAS EXAM- Property Management Questions and Answers 2023 Answered 100% Which statement is correct? *ANS* A. Property mgmt & real estate brokerage are the same thing B. All real estate brokers in Texas must allow sponsored agents to perform property mgmt activities *C. Some real estate brokers do not allow property mgmt activities by their sponsored agents D. Property mgmt is not considered a real estate brokerage activity in Texas In Texas, agents need to be __________ in order to...

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...

Prostart 1 Unit 1 Exam with correct Answers Chapter 1: Which restaurant segment typically has an average per-person dinner check of $10 to $25? Casual dining full-service Chapter 1: Boulanger affected the growth of the restaurant and foodservice industry by opening the first restaurant Chapter 1: Which operation is in the noncommercial foodservice segment? Hospital cafeteria Chapter 1: All the services that people use and receive when they are away from home are known as hos...

(MR Credit) Building Product Disclosure and Optimization- Environmental Product Declarations - Opt. 2 Multi-Attribute Optimization. Exemplary Performance requirements? - correct answer Option 1. Source at least 40 qualifying products from five manufacturers. Option 2. Purchase 75%, by cost, of permanently installed building products that meet the required attributes What must be true of EPDs to qualify for MR Credit Building Product Disclosure and Optimization EPD? - correct...

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...