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Alik [6]
3 years ago
14

A hotel chain values cleanliness and quality service. Company policy dictates that the hotels themselves be spotless with great

care taken to present an upscale atmosphere of luxury. Additionally, customers are to be treated like royalty and the hotel's staff members should go out of their way to make each customer feel special. These behaviors and policies represent the organization's
Business
1 answer:
Furkat [3]3 years ago
6 0
<h2>customer behavior and Hospitality is exhibited in the hotel</h2>

Explanation:

Hospitality:

  • Hospitality is the most important thing which any business has to follow and especially hotel industry.
  • It's taking care of guest, treating special and satisfying their needs on time.
  • It starts when the customer enters, continue till they stay and exits when they they exit.

Customer behavior:

  • Customers are king
  • They bring business and makes the company live
  • Every business is customer driven
  • Customer behavior are to be analyzed to understand the requirement

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13. In a market system, how are the terms of exchange established? a. Consumer advocacy groups establish fair prices for items,
yuradex [85]

The forces underlying supply and demand interact to determine the market price.

<h3><u>Explanation:</u></h3>

The persons involving in the activities of trading comprises the market system. It includes sellers, buyers and others involved in trading process. They also includes the buyers, consumers, producers who are the major players of the market system who determines the economic activity in it.

The supply and demand law is the major determinant of the production of goods and services in a market economy. The natural resources, land, capital and labor are the supplies. The purchasing power of the government, consumers and business are the demands. The forces underlying supply and demand interact to determine the market price.

3 0
3 years ago
The following exchange demonstrates which problem-solving technique the issues we are having with the design is similar to the i
levacccp [35]

Answer: Question Assumptions

Explanation:

3 0
3 years ago
Sensitivity analysis:______.
alisha [4.7K]

Answer:

b. helps identify the variable within a project that presents the greatest forecasting risk.

Explanation:

Sensitivity analysis refer to the financial model that measures how the variable i.e. target one should be impacted and depend on the change in the other variable that we called as an input variable

In this, it would help to identify the variable that lies within the project and provide the high risk of forecasting

Therefore the option b is correct

4 0
2 years ago
Pauley Company provides home health care. Pauley charges $35/hour for professional care. Variable costs are $21/hour and fixed c
Lyrx [107]

Answer:

the variable cost ratio is 60 % (option d)

Explanation:

The variable cost ratio (VCR) represents the ratio of variable costs to sales. Therefore

VCR = (total variable costs)/(total sales)

since

total variable costs = variable costs * services provided = $21/hour * 12000 hours/year = $252000 /year

total sales = price of service * services provided = $35/hour * 12000 hours/year = $420000 /year

thus

VCR = ($252000 /year) / ($420000 /year) = 0.6 = 60 %

8 0
3 years ago
Suppose that you were born in 1998. also, suppose that your mother received a $100 baby shower gift at your birth. how much woul
Aliun [14]
Using the cpi in 2013, of 233 and in 1998 of 163, divide 233/163=1.43 x 100=$143 the cost in 2013 of the same baby shower item as in 1998. In other words the purchasing power of the $1 decreased over this time period to account for this. 
7 0
3 years ago
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