Multiple Choice
Small Leaf Resort and Cresgrove Resort are established hotels in the hospitality industry.However,Small Leaf Resort has a larger net profit than that of Cresgrove Resort.In order to remain financially viable in the hospitality market,Cresgrove Resort decides to charge more for their rooms and other services.In this scenario,which of the following best explains the reason behind Cresgrove Resort incurring losses?
A) Cresgrove Resort has high labor-related expenses.
B) Cresgrove Resort hires employees belonging to the age group of 15 to 20.
C) Cresgrove Resort has better quality and customer service than Small Leaf Resort.
D) Cresgrove Resort considers its employees as resources.
E) Cresgrove Resort's compa-ratio is less than 1.
Correct Answer:

Verified
Correct Answer:
Verified
Q13: According to the FLSA,which of the following
Q17: The most common approach to pay differentials
Q19: Los Amigo Inc.,a clothing manufacturer,believes that employees
Q38: Which of the following statements is true
Q43: Skill-based pay systems do not support empowerment
Q47: Organizations use pay surveys to benchmark compensation.
Q62: What is benchmarking?
Q70: Military pay often exceeds what service members
Q73: Key jobs are uncommon and have unstable
Q91: Kazuri Inc. ,a manufacturing company,bases employees' pay