Random
What's the difference between tangible and intangible? Give two examples.
Something you can touch vs something you cannot touch that may just be a concept or an action.
Ex: Good and Service
What are Pension Managers and what do they do?
Pension Managers conservatively and actively manage pension funds. Pension funds are investment pools that pay for employee retirement commitments. Funds are paid for by either employee, employers, or both.
What is the difference between:
1. CC
2. BCC
3. Reply All
4. Attachment (give examples)
1. carbon copy (CC).
2. blind carbon copy (BCC) only people you sent it to can see you sent it to them (cannot see if you sent an email to multiple people)
3. Respond to not only the sender but every one the email was sent to
D. an attachment (pdf - cannot edit, word doc)
Which of the following types of business organizations reduces or limits the risk of its stockholders:
A. Franchise
B. Sole proprietorship
C. Corporation
D. Partnership
C. Corporation
Which of the following is a production activity?
A. Receiving
B. Advertising
C. Scheduling
D. Marketing
C. scheduling
What is the difference between horizontal and vertical communication? Example
Horizontal would be with peers or co-workers
Vertical would be with people either above or below you in leadership
What is a break-even point? Give an example.
There is no net loss or gain, and one has "broken even"
During an economic recession, a destination's hotels are more likely to experience
Lower occupancy rates.
During an economic recession, consumers and businesses spend less money ->
When spending decreases, fewer people travel for leisure or business purposes, which results in unsold hotel rooms. ->
When hotel rooms are not sold, the facilities' occupancy rates decrease. ->
When occupancy rates decrease, hotels tend to lay off employees to lower their labor costs ->
which results in an increase in the unemployment rate in the community.
Businesses that carry a considerable assortment of goods but only one or a few related product lines are __________ businesses.
A. specialty
B. discount
C. service
D. limited-line
D. limited-line
Limited-line businesses specialize in the products that they offer for sale. They usually carry an excellent assortment of those goods. Service businesses perform intangible activities that satisfy the wants of consumers or industrial users. Specialty businesses typically carry a very limited variety of products. Discount businesses sell products at reduced prices and usually carry a variety of items.
To understand how team members perform their project tasks, project managers should possess __________ skills.
A. Negotiation
B. Interpersonal
C. Persuasive
D. Technical
D. Technical
SWOT ANALYSIS? WHAT IS IT!! :)
Strengths
Weaknesses
Opportunities
Threats
What is a rebate? Give an example
A partial refund to someone who has paid too much money for tax.
What is the minimum wage in Texas? What is the minimum wage in New York?
Texas- $7.25
New York- $12.00
Which of the following types of business organizations reduces or limits the risk of its stockholders:
A. Franchise
B. Sole proprietorship
C. Corporation
D. Partnership
C. Corporation
A corporation, which is owned by its stockholders, limits the losses or risks to the amount
each individual owner has invested in the corporation. The other types of business organizations are not
owned by stockholders. A partnership usually divides the risk among two or three partners. In a sole
proprietorship, the owner generally assumes all of the risk. A franchise is a contractual agreement
between a parent company and a franchisee to distribute goods and services.
Which of the following is a characteristic of product extensions in the hospitality and tourism industry:
A. A necessary part of the hospitality and tourism experience
B. Related to the original product
C. Expensive addition to a trip
D. Sold only to generate income
B. related to the original product
Come up with a wow factor for a roleplay PI "Explain the concept of marketing strategies" and the situation is: You are being asked for ideas to market a party boat
Vary
What is the NDA?
A non-disclosure agreement is a legally binding contract that establishes a confidential relationship. The party or parties signing the agreement agree that sensitive information they may obtain will not be made available to any others.
The exchange rate between U.S. dollars and Canadian dollars, which is determined by the unimpeded interaction of supply and demand in the foreign exchange market, is a __________ exchange rate.
A Floating. An exchange rate is a specification of how much two currencies (such as the U.S. dollar and the Canadian dollar) are worth in relation to each other.
A floating exchange rate (also known as a free-floating exchange rate) is determined by the unimpeded interaction of supply and demand in the foreign exchange market with no government intervention.
A fixed exchange rate is established and maintained at a specific level by the government.
A pegged exchange rate is similar to a fixed one-government intervention directly influences the exchange rate.
A cross exchange rate is the rate of two currencies that are not directly quoted against each other. Instead, the two currencies are each quoted against a common currency such as the U.S. dollar.
What is Sugging?
The unethical act of selling a product or service under the guise of conducting market research.
What data-mining technique uses "if-then" criteria to classify objects in a database?
A. Neural networking
B. Histogram
C. Rule induction
D. Quantitative reasoning
C. Rule Induction.