What is the single most important factor in determining the success or failure

The basic work of managers in the hospitality industry calls for: a. Being able to perform each job in the organization and make

Tamiku [17]

Answer:

d. Making the guest welcome, making the operation run correctly, keeping control operating costs.

Explanation:

The basic work of managers in the hospitality industry calls for: Making the guest welcome, making the operation run correctly, keeping control operating costs.

The hospitality industry's backbone is comprised of customer service, it is the foundation and cornerstone of all segments of the industry. A business may focus on one or all facets of hospitality but the level of success achieved is dependent on how well the managers and staff, are serving their customers.

8 0

4 years ago

Leading causes of new product failure include all of the following EXCEPT poor positioning. failure to deliver what was promised

morpeh [17]

Answer: Insufficient competition but strong differentiation

Explanation:

Products can fail when there is sufficient competition with weak differentiation.

If instead there is insufficient competition, the product has a better chance of being successful because it is offering a service that not many other products can replicate. People will therefore buy more of it.

Also if the product is strongly differentiated, it means that the company took the extra step of adding features to the product to make it stand out and be more useful to the customer. This can increase the appreciation for a product which will increase it's demand this ultimately leading to the success of the product.

8 0

4 years ago

The manager of a(n)____center does not have control over revenue or the use of investment funds

Mashcka [7]

The manager of the cost center does not have control over revenue or the use of investment funds.

<h3>What is a Manager?</h3>

A manager is referred as an individual in an organization who controls and coordinates functions and operations and notifies the use of resources in an appropriate manner after assigning them and helps in strategy development.

The manager of the cost center does not have control over revenue or the use of investment funds. Only managing costs within the budget is under the responsibility of a cost center manager.

In order to increase organizational efficiency and make revenue, internal management makes use of cost center data.

Learn more about Managers, here:

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4 0

1 year ago

On January 1, 2018, Jacob Inc. purchased a commercial truck for $48,000 and uses the straight-line depreciation method. The truc

Norma-Jean [14]

Answer:

option (D) loss, $3,000

Explanation:

Given:

price of the truck = $48,000

estimated residual value = $8,000

Exchange price of the truck = $60,000

Trade allowance = $35,000

Since, straight line depreciation is given, thus,

Total depreciation = $\frac{\textup{48,000−8,000}}{\textup{8}}$

or

Total depreciation = $5,000 per year

Therefore,

the book value after two years

= Price of truck - total depreciation in two years

or

= $48,000 − ($5,000 × 2 years)

= $38,000

Now,

a trade allowance received ( i.e $35,000 ) is less than the book value

therefore a loss is recorded

The amount of loss = (Book value - trade allowance received)

or

The amount of loss = $38,000 - $35,000 = $3,000

Hence, correct answer is option (D) loss, $3,000

5 0

3 years ago

Cacioppo Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning

iogann1982 [59]

Answer:

$34.12

Explanation:

Fixed Overhead Rate = Estimated total fixed manufacturing overhead ÷ estimated the labor-hours for the upcoming year

= $1,760,220 ÷ 66,000

= $26.67 per labor-hour

Predetermined Overhead Rate:

= Variable Overhead Rate + Fixed Overhead Rate

= $7.45 per labor-hour + $26.67 per labor-hour

= $34.12

5 0

4 years ago