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
Andreas93 [3]
4 years ago
6

The Broadmoor Hotel in Colorado Springs, Colorado, maintains its five-star rating by focusing on five service characteristics: r

eliability, responsiveness, assurance, empathy, and tangibles. The hotel has been updating rooms built in the early part of the 20th century to meet the needs of 21st-century visitors. To accomplish this, it spent millions in improvements, renovating rooms, and adding a new outdoor pool complex. These renovations focus on the ________ service characteristic.
Business
2 answers:
Advocard [28]4 years ago
8 0

Answer:

The correct answer would be, Tangibles.

Explanation:

Tangibles are the things that can be touched by hand. Anything that can be physically felt and touched are considered in the category of tangibles.

So in this question, the five service characteristics are Reliability, Responsiveness, Assurance, Empathy and Tangibles.

Now the hotel has been updating its rooms to meet the 21st century visitors' needs which were built in the 20th Century. The hotel management has spent millions in terms of improvements, renovation and adding new outdoor pool complex, which means that the company has spent and spends millions on the physical decoration and improvements of its hotel and its rooms. So these are the tangibles on which the company has spent a lot. These renovations focus on the Tangible Service Characteristic.

Elanso [62]4 years ago
7 0

<u>These renovations focus on the tangibles service characteristic. </u>

<u> </u>

Further explanation:

There are five blocks of service quality, which are termed as service characteristics as well:

Reliability: It refers to the value of the service being served. Reliability specifies the characteristic of honesty as well. Reliability specifies the nature of performing well consistently. The company makes certain promises to the customer about its services. The employees of the company cannot express anything which is not in accordance with the policy of the company. The employees are trained in such a manner to retain the trustworthiness of the entity.

Assurance: The nature of being confident is termed as assurance. The company can train its employees to meet the particular situations in an efficient manner. The employees are provided with resources to help the customers in particular cases. The problems are observed in order to control their occurrence in the future.

Empathy: Empathy refers to the nature of being understanding. The communication can be made in such a manner to assist the customers in the best possible manner. The guests should be called by their name or the ID provided to them.

Responsiveness: The employees must be attentive to solve the problems of customers. The needs of the guest must be catered efficiently. The employees should have a nature of hearing the problems and apologizing for the inconvenient situation.

Tangibles: The Company might spend on its infrastructure and assets to bring quality in its services. The improvements made to the tangible resources are considered as tangible service quality.

In the given case, Broadmoor Hotel in Colorado Springs has managed to maintain its five-star rating by following the above five service characteristics. The hotel has made updates to the rooms which were built in the 20th century to tackle the needs of 21st-century visitors. It has spent millions for improvement and renovation of the rooms, and a new outdoor pool complex has been added to the hotel.  

The given updates are mainly concerned with the tangible resources of the hotel. Thus, these are covered under tangible service characteristic.

<u>Therefore, these renovations focus on the </u><u>tangibles</u><u> service characteristic. </u>

Learn more

1. Span of control

brainly.com/question/12986822

2. Direct materials efficiency variance

brainly.com/question/12987884

3. Cost of materials

brainly.com/question/4783765

Answer details  

Grade: Middle School

Subject: Business Studies

Chapter: Service characteristics

Keywords: Broadmoor Hotel, Colorado Springs, maintains its five-star rating, updating rooms built, 20th century to meet, reliability, responsiveness, assurance, empathy, and tangibles. Spent millions in improvement, outdoor pool complex, service characteristic, these renovations, meet the needs of 21st-century visitors.

You might be interested in
an accounting time period that is one year in length, but does not begin on january 1, is referred to as:
Lapatulllka [165]

Correct Answer:

A fiscal

8 0
3 years ago
Which of the following is an example of a SMART short-term career goal?
UkoKoshka [18]
A) is smart short term career.
7 0
3 years ago
Read 2 more answers
20. A financial analyst at RMO Manufacturing Corporation has assembled the following data for the last fiscal year. All data is
german

Net Income for an organization is the Profit After tax and dividend paid. The formula for Net Income is:

Net Income = Sales - Cost of goods Sold - Operating Expenses - Return and Allowances - Taxes - Cash dividends

From the data given,

Sales = $12 Million

Cost of Goods Sold = $3 Million

Operating Expenses = $3 Million

Interest Expenses = $0.5 Million

Returns and Allowances = $1 Million

Taxes = $0.1 Million

Cash Dividend = $0.4 Million

By putting the variables in the above formula,

Net Income = $12 Million - $3 Million - $1 Million - $3 Million - $0.5 Million - $0.1 Million - $0.4 Million

Net Income = $4 Million

<u>Therefore, the answer is B Net Income is $ 4 Million</u>

7 0
3 years ago
Read 2 more answers
You have just completed the appraisal of an office building and have concluded that the market value of the property is $2,500,0
Hunter-Best [27]

Answer:

The implied going-in capitalization rate is 0.10155 = 10.155%

Explanation:

Given:

Potential Gross Income (PGI) = $450,000

The vacancy and collection losses  is 9% of PGI = 9/100 × $450,000 = $40500

Acquisition price = $2,500,000

To calculate the Effective gross income (EGI), we use the formula:

Effective gross income (EGI) = Potential Gross Income (PGI) - vacancy and collection losses

∴ Effective gross income (EGI) = $450000 - $40500 = $409500.

Also to calculate the Net operating income (NOI), we use the equation:

Net operating income (NOI) = Effective gross income (EGI) - Operating expenses (OE)

But Operating expenses (OE) is 38% of Effective Gross Income (AGI)

∴  Operating expenses (OE) = 38/100 × $409500 = $155610

Net operating income (NOI) = $409500 - $155610  = $253890

The overall capitalization rate(R₀) = (Net operating income (NOI)) ÷ (Acquisition price)

R₀ = $253890 ÷ $2500000 = 0.10155 = 10.155%

7 0
3 years ago
Syd is an economist putting together an economic model to predict the outcome from particular causes and effects in the economy.
Sholpan [36]

Answer:

The correct answer is (B)

Explanation:

Economists are helpful to predict future economic and financial phenomenon’s.  In that regard, statistical or mathematical models are considered more appropriate and it is said that they provide better results. In the above scenario, Syd is attempting to construct an economic model for that, the suitable technique to examine the cause and effect to predict the outcomes are mathematical functions. The reason is that mathematical models are more appropriate to predicts cause and effect.

8 0
4 years ago
Other questions:
  • The airlines have different rules on discounts for different types of travelers. The airlines do this because:
    15·1 answer
  • Assume a fixed cost for a process of $120,000. The variable cost to produce each unit of product is $35, and the selling price f
    7·1 answer
  • Lesson 3: Unit 4 Activity INTO ENTER A 5967 Unit 4: Creating a Business Plan
    11·1 answer
  • You are trying to decide whether to take a vacation. most of the costs of the vacation (airfare, hotel, and foregone wages) are
    11·1 answer
  • 9. All of the following is included in a company's marketing plan EXCEPT:
    6·1 answer
  • The statement of cash flows reports all but which of the following: Multiple Choice
    14·1 answer
  • Exercise 15-7 Adjusting available-for-sale securities to fair value LO P3 On December 31, 2017, Reggit Company held the followin
    7·1 answer
  • In the decision-making process, you must take into account several cultural variables. Describe one of the variables associated
    10·1 answer
  • If Mark Allen wants to train healthcare providers in the system to communicate better with one another about patient health, whi
    10·2 answers
  • Assigning the perceived attributes of a group to individuals belonging to that group is referred to as?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!