Exam Questions
If you invent a new type of technological device, you should use this type of intellectual property protection.
What is a patent?
The driving force behind prices in capitalist markets
What is supply and demand?
The price of an airline ticket before taxes, fees, surcharges
What is a base fare?
Longest street in the world
What is Yonge Street?
"Don't find a fault, find a remedy"
Who is Henry Ford?
In this type of culture, words are less important than tone of voice, facial expression, gesture, posture, or even family history.
What is a high-context culture?
Ranking a presented statement from strongly disagree to strongly agree
What is the likert scale?
Breakfast option consisting typically of non-cooked foods (cereal, yogurt, coffee, tea, etc.)
What is a continental breakfast?
Toronto is the ____-largest city in NA
What is fourth?
"Success isn't owned, it's leased, and rent is due every single day."
Who is LeBron James?
In order to book a room at the prestigious Sparkle Hotel, customers must also purchase an additional pass to the water park across the street.
What is a tying agreement?
Type of display that encases items on all sides
What is a shadow box display?
Metric used to measure the profitability of a lodging establishment
What is RevPAR?
Largest car-free urban community in NA
What are the Toronto Islands?
"Brand image isn't what we tell our customers it is, it is what our customers tell each other it is."
Who is Scott Cook?
If a court makes a ruling, all other courts must follow its precedent and act in accordance with that ruling.
What is common law?
The rule that describes the phenomenon in which 80% of effects come from 20% of causes
What is the Pareto principle?
Setup used before cooking to organize ingredients, often used in professional kitchens (e.g., cuts of meat, sauces, chopped vegetables, etc.)
What is a mise en place?
City Within a Park: the number of trees in Toronto
What is 10 million?
"Protect your hand when you're confident you're in the lead."
Who is Daniel Negreanu?
Maeve is in the midst of developing a new advertisement for her event-planning business. Although she is pleased with the font and font size that she is using, she dislikes the amount of space between the individual letters and words in the ad. Maeve should adjust this type of formatting in the text.
What is kerning and tracking?
Method of organization divides tasks into stages of completion
What is a Kanban board?
Like a motel, but with additional services and more than one floor
What is a motor inn?
Southernmost region in the GTA
What is Halton Region?
“Your most unhappy customers are your greatest source of learning.”
Who is Bill Gates?