You pay Burger King for the right to set up a location in Barcelona under the corporate headquarters' guidance and regulation. This is an example of
What is franchising
100
Wal-Mart, Chevron Texaco, and Ford Motor Company are all examples of this type of business ownership:
What is corporation
100
What type of information should employees be able to locate in their company's employee handbook?
What is the use of company property
100
When preparing to deliver an oral presentation, the most important step is
What is practicing the delivery
100
Determining what consumers want in order to promote and sell those goods and services is a funtion of the business activity of:
What is marketing
200
Generating revenue to pay for services that are provided to the public is the reason for
What is taxes
200
The price factor is important to the other three factors in marketing because the four marketing factors are:
What is interdependent
200
One way in which government protects private property is to provide:
What is patents or copyrights
200
What type of resources are people considered?
What is human resources
200
What type of credit applies to utilities that have been consumed but not yet paid for?
What is service credit
300
Which major marketing function determines how various products will be shipped?
What is distribution
300
What type of environmental factors do businesses often consider when conducting a situational analysis?
What is Internal and external
300
An issue that often causes controversy between employers and employees is:
What is workplace privacy
300
Because the United States is made up of people from all parts of the world, it has many different
What is cultures
300
When the value of the dollar decreases in foreign exchange markets, the inflation rate tends to
What is rise
400
What can be learned from monitoring the sales data of any hospitality and tourism business?
What is average amount of sales per customer
400
Job applications often list on their resumes the names, positions, and addresses of several people who are willing to serve as:
What is references
400
In investing, legal owning- or lending-agreements between individuals, businesses, or governments are known as:
What is securities
400
What is the foundation of knowledge management?
What is a willingness to share expertise
400
What is a common consequence of poor financial-information management?
What is Inaccurate data
500
To track environmental changes impacting hospitality and tourism marketing, a destination marketer should use
What is push technology
500
What synectics technique compares a problem with something else that is unrelated?
What is forced analogies
500
Identify the marketing function illustrated in the following situation: Martha wants a winter coat and sees a style she likes in a magazine advertisement.
What is Promotion
500
The use of sorting techniques to capture knowledge involves
What is comparing and ordering concepts
500
What type of database should a business use to compare financial data?