Hospitality sales Study guides, Study notes & Summaries

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 eleme...

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 bus...

Hospitality sales and marketing final exam with complete solution 2023/2024 Which of the following statements about the relationship between marketing and sales is true? - ANSWER-The scope of marketing activities is more long-term than that of sales activities Mick is responsible for evaluating the brand identity of a chain and recommending ways to increase the value of the brand. For which of the following components of a hospitality marketing mix is mick responsible? - ANSWER-Product-ser...

CHSP Certified Hospitality Sales Professional (American Hotel & Lodging Educational Institute) Q & A

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...

Revenue Management Final Exam | Updated Question & Answers Graded A + 2023/2024 What is the industry term used to describe the sum of prices paid by a business's customers? Correct Answer Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? Correct Answer Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? Correct Answer Profit = Sales - Costs What is the name for the net value achieved by both ...

1. What “Strategic Factors” and “Environmental Factors” should be considered to manage your accounts effectively? Select three of these factors and explain why you think these factors are impo rtant 3 2. Select any two “Maslow’s Hierarchy of Needs” and explain how those needs will impact your client’s decision to purchase your product or service now, as compared to 2019 (before the pandemic 3 3. How would you perform an effective “Account Analysis” during the Covid pandemic? ...

CHSP Certified Hospitality Sales Professional (American Hotel & Lodging Educational Institute) Test With Complete Solutions

Revenue Management Final Exam| Questions With Verified Answers A Graded Latest Updated 2024 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 correct answer -total revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? -income -revenue -costs -profits correct answer -costs What is an algebrai...

DECA identifies the program of student activities as are related to... - ANSWER-Business and Marketing instructional classes. Co-curricular organization providing hands on experience and networking that serves DECA members far beyond high school. National DECA head quarters is located in... - ANSWER-1908 Association Drive, Reston, Virginia 22091 Marketing Education classroom instruction and DECA activities... - ANSWER-Emphasize America's system of competition and free enterprise. Natio...

Which of the following statements about the relationship between marketing and sales is true?The scope of marketing activities is more long-term than that of sales activities Mick is responsible for evaluating the brand identity of a chain and recommending ways to increase the value of the brand. For which of the following components of a hospitality marketing mix is mick responsible?Product-service mix Advertising and direct mail campaigns best fit into which of the following components of...