Business
A place where people buy goods?
What is a store?
Telling people about a product.
What is advertising?
A person who starts a business.
Who is an entrepreneur?
Money saved for future use.
What are savings?
The industry focused on guest satisfaction.
What is hospitality?
Money a business earns from sales.
What is revenue?
The group of people a business wants to sell to.
What is a target market?
A new business is called.
What is a startup?
Money borrowed from a bank.
What is a loan?
The first interaction a guest has at a hotel.
What is check-in?
A company owned by one person.
What is a sole proprietorship?
Using social media to promote products.
What is digital marketing?
Taking a chance in business.
What is risk?
A plan for spending money.
What is a budget?
Adjusting services to meet guest needs.
What is personalization?
Money a business spends to operate.
What are expenses?
A logo, name, or slogan that represents a company.
What is a brand?
The ability to adapt quickly to market changes.
What is agility?
Extra money paid back on a loan.
What is interest?
A measure of how satisfied guests are.
What is guest satisfaction score?
What revenue is greater than expenses.
What is profit?
A detailed description of an ideal customer.
What is a customer profile?
The process of turning an idea into a viable business.
What is venture creation?
Something valuable owned by a business.
What is an asset?
Services that enhance a guest's stay, like room service.
What are amenities?