Multiple Choice
The lodging industry has several characteristics including:
A) A highly perishable product
B) Low turnover of employees
C) An almost zero level of fixed costs ("the nut")
D) Minimal competition from other industries
E) Both B and D
Correct Answer:
Verified
Correct Answer:
Verified
Q178: Hotels primarily sell services of rooms, food
Q179: Corporations:<br>A) May be owned by other corporations<br>B)
Q180: Corporate housing is best identified with which
Q181: Well, bucket or pit are used in
Q182: Hotels that award frequent-flier points as part
Q184: Kemmons Wilson's Holiday Inn chain proved the
Q185: Rising occupancy rates will enable hotels to
Q186: Understays and overstays have the same impact
Q187: The "one-two-three steps"for detecting worthless checks are:<br>A)
Q188: Executives of various trade and professional associations