Eberly
COBSAC stands for
College of Business Student Advisory Council
Symbol for hospitality
Pineapple
Pennsylvania City known as the "arsenal of democracy" during World War II because of its steel production
Pittsburgh
SWOT, an analysis used for strategic planning and strategic management technique, stands for
Strength, Weakness, Opportunity, and Threat
Person or a group who intends to order or use purchased goods, products, or services primary for personal, social, family, or household needs
Consumer
Dean of Eberly College of Business
Stephen Faris
Most visited country in the world
France
The world's largest car making manufacturing center is in which country
Germany
Four letter acronym used for a method of inventory management
FIFO (First In, First Out)
When the demand for a good is greater than the availability of the good or service
Scarcity
The country that Eberly takes a trip to annually
Hint: during winter break
India
Term refers to the rate charged for a hotel room before any discounts or special offers are applied
Rack Rate
Name of the giant container ship that ran aground in the Suez Canal on March 23, 2021, blocking the canal for six days casing huge supply chain issues
The Ever Given
S.M.A.R.T., the acronym used to establish criteria for effective goal setting, stands for
Specific, Measurable, Achievable, Realistic, and Time
An official ban on trade or other commercial activity with a particular country
Embargo
New hotel simulation lab in Eberly was founded by
The Statler Foundation
Popular casino game often referred to as "21" and involves players trying to bear the dealer's hand without exceeding a total of 21 points
Blackjack
Term that you'd use to describe uncooked meat also applies to material that have not been processes yet, like cotton, coal, and crude oil
Raw
Three main styles of leadership
Bureaucratic, Authoritarian, and Democratic
Any regulation or policy that restricts international trade, especially tariffs, quotas, licences etc.
Trade barrier
Organization that Eberly College of Business is accredited by
AACSB - Association to Advance Collegiate Schools of Businesses
System used by hotels to manage their reservations, check-ins, check-outs, guest information, and billing
Property Management System
DOUBLE JEOPARDY!
Common manufacturing philosophy that is the combination of a number and Greek letter
Six Sigma
Regarded as the father of quality revolution and known for the 14 points of management
Dr. Edwards Demming
Economic system in which centralized government controls the means of production and determines output levels
Command Economy