Unit-2-the-business-of-travel-and-tourism Study guides, Class notes & Summaries

Hospitality Revenue Management final exam review Question & Answers 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 b...

ATI TEAS 6 Practice Test Q&A for the Test of Essential Academic Skills (6th Ed)Two different practice exam test   Reading 1. Xavier propagated his belief that dragons were real to his friends gathered around the campfire. Which of the following words could most logically replace the underlined word without altering the intent of the sentence? a. Shouted b. Expressed c. Persuaded d. Whispered 2. Which of the following statements least supports the argument that the American eco...

ATI TEAS Study Manual: TEAS 6 Study Guide & Practice Test Questions for the Test of Essential Academic Skills (Sixth Edition) ATI TEAS 6 Practice Test Q&A for the Test of Essential Academic Skills (Sixth Edition)Two different practice exam test   Reading 1. Xavier propagated his belief that dragons were real to his friends gathered around the campfire. Which of the following words could most logically replace the underlined word without altering the intent of the sentence? a. Sho...

C429 MULTIPLE CHOICE Q&A -Healthcare Operations Management (Answered) Rated A+ Supply-side rationing is used by universal healthcare, HMO's and ACO's to cut down on A) Duplication of Effort B) Access to specialists C) Decrease provider communication D) Cost *ANS* C An ACO (Accountable Care Organization) earns additional money by: A) Setting a flexible fee schedule B) Getting a share of money it saves Medicare C) Producing better patient results D) Both C & B *ANS* D All...

ENVIRONMENT social and physical characteristics - answer-Ambience Setting Authenticity Environmental Perception Cognitive Map Landmarks Images Geography of tourism Ambience - answer-Dynamic condition Understanding the tourism environment helps predict behavior Affected by people who move in and out of the atmosphere People adapt and respond to ambience Setting (smaller subset of the environment) - answer-Behavioral settings must include: People and Programs- orderly, planned...

ENVIRONMENT social and physical characteristics - answer-Ambience Setting Authenticity Environmental Perception Cognitive Map Landmarks Images Geography of tourism Ambience - answer-Dynamic condition Understanding the tourism environment helps predict behavior Affected by people who move in and out of the atmosphere People adapt and respond to ambience Setting (smaller subset of the environment) - answer-Behavioral settings must include: People and Programs- orderly, planned...

GED_Certified_GED_Social_Studies_Dumps_Questions_V8.02_DumpsBase_ DUMPS BASE EXAM DUMPS GED GED Social Studies 28% OFF Automatically For You GED Social Studies Exam 1 / 79 GED Certified GED Social Studies Dumps Questions V8.02 DumpsBase 2021 1.According to this viewpoint, why is Japan less likely to have problems with careless firestarters than is the United States? A. considered inhumane in Japanese society B. less harsh than imprisonment C. a strong preventive measure D. the e...

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...

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...