1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
skad [1K]
3 years ago
15

The term bench marking as relates to the hotel industry refers to A-line by line analysis's of the operating statement comparing

metrics for hotels of such a similar size or profiles that true ir false
Business
1 answer:
taurus [48]3 years ago
3 0

Answer:

true

Explanation:

Bench marking is a tool used to measure and improve performance of a company or segment.It involves a Managers identifying the best entity or segment that has similar attributes to its operations and/or segment in terms of industry, size and market, then comparing what they do well the most and implementing changes in their firm`s or segments.

You might be interested in
Suppose that a perfectly competitive industry is in long-run equilibrium. Every firm is producing at minimum average total cost,
elixir [45]

Answer:

B. firms will exit the industry

Explanation:

When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.

Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.

7 0
3 years ago
The rule of supply and demand applies to all careers.<br> O True<br> O False
Sergio039 [100]

Answer:

True

Explanation:) hope this helps

Supply and demand affect career wages. A job that is in demand is a job with a good outlook. Everyone should try to be an NFL quarterback because they earn so much money.

6 0
1 year ago
Assume that your parents wanted to have $120,000 saved for college by your eighteenth birthday and they started saving on your f
Marrrta [24]

Answer:

740.74

Explanation:

you take 120,000 and divide it by 18 years then you divide it by 9%

and b is 987.65

6 0
3 years ago
Edward is in charge of hiring at his agency and consistently collects biographical data from applicants. What is a primary reaso
zhenek [66]

Answer:

B) It predicts future behavior based on the applicant's past

Explanation:

Generally the biographical information collected by human resource managers includes your age, sex, education, work experience and interests or even hobbies. Obviously the age, education and work experience is the most relevant information for them. Biographical data or biodata is useful because it helps to predict future behavior based on their past activities.

4 0
3 years ago
Reed, a 15-year-old, has run out of money while on a trip away from home. Martha gives him food, a place to sleep, and his bus f
OLEGan [10]

Answer:

Explanation:

Food, clothing, housing, and medical care are needed. Bus fares are probably also considered necessary, although it can be controversial depending on the distance of a minor. Rules are essential for adolescents to pay for the value of the benefit received. In other words, Reed can reject the contract, but he must take responsibility for any benefit he received from Martha.

5 0
3 years ago
Other questions:
  • Which three approaches to management are considered historical perspectives?
    6·1 answer
  • Mike and Lon came to a party together. A friend offered Mike a ride home. However, there was no room in the car for Lon. What ar
    7·1 answer
  • If GDP is $12,000 and velocity is 4, the money supply is
    8·1 answer
  • The use of multiple distribution channels that integrate organizations' brick-and-mortar stores with websites, catalogs, and app
    14·1 answer
  • Research shows that legal action is taken against fraud perpetrators in: Group of answer choices Almost all fraud cases. More th
    14·1 answer
  • I want to have a college fund for my daughter. She is 5, so I have 13 years to achieve my goal of $50,000. The bank says I can e
    10·1 answer
  • Choose the correct statement.
    5·1 answer
  • Firms operating in industries where economies of scale are common will likely see ________ levels of labor productivity from the
    9·1 answer
  • Defend or critique the following statement, using supporting evidence: “Getting to work early on your first day at a new job is
    12·1 answer
  • A well-defined road map to achieving a career goal is a/an: ​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!