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
PtichkaEL [24]
3 years ago
8

What term is used for turning a guest away from the hotel due to overbooking?

Business
1 answer:
Sliva [168]3 years ago
4 0

The term when hotels turn guests away because their rooms are overbooked is called “walking” or “walked”.

Overbooking is <u>a situation where a business sells a good or service when the supply for this transaction is actually not available</u>.

Overbooking can happen when current guests increase their stay without further notice or when a room is not proper for a guest to stay in. It can also happen when hotels purposefully gave a room during busy seasons to more than one guest – thinking that perhaps one of them might cancel.

You might be interested in
How much TOTAL (principle and interest) will be paid over the life of the following loan: $185,000 loan; 7% annual interest (mon
Yuri [45]

Answer:

$443,091.5

Explanation:

Given that,

Amount of loan, present value = $185,000

Annual rate of interest, r = 7% ÷ 12

                                         = 0.00583

Time period = 30 years

Therefore,

Monthly payments:

=\frac{r\times PV}{[1 - (1+r)^{-n}]}

=\frac{0.00583\times 185,000}{[1 - (1+0.00583)^{-30\times12}]}

=\frac{1,078.55}{[1 - (1.00583)^{-360}]}

= 1230.81

Total (principle and interest) will be paid over the life:

= Monthly payments × 360

= $1,230.81 × 360

= $443,091.5

5 0
3 years ago
The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referre
MakcuM [25]

Answer: Corporate Cultural Responsibility.

Explanation:

The corporate cultural responsibility of a company are the standards members of the society have come to expect from the company based on the previous ways their members of staff have been seen to operate. Corporate Cultural responsibility can be seen in staff dress-code and work style.

6 0
3 years ago
If a product concept is explained and described to a small number of
otez555 [7]
Usually D.) Focus Group

They are a small group of people who will review and give feedback on a test product. The other alternative (B, sample audience) is for when the product is usually already in its earl development stage. (Not a prototype)
4 0
3 years ago
Which of the following is an advantage that shopping at a physical store has over shopping online?
krok68 [10]

Answer:

A. Personal help and interaction wider.

Explanation:

Due to the physical contact and getting to physically recognise each other, the familiarity increase the level of personal relationship.

5 0
3 years ago
As a general rule, a product ________ strategy seems to work best when the consumer target market for the product is alike acros
vodomira [7]

Answer:

The correct answer is letter "B": product extension.

Explanation:

In International Business, product extension refers to the approach by which a  firm introduces its product or service across borders without shaping the product according to the profile of each consumer in each region. Product extension is implemented to expand the business operations of a firm in an attempt of finding new consumers in new markets, thus, generating more profit.

<em>Product extension is likely to work only if customers' preferences and necessities are the same in different countries.</em>

7 0
4 years ago
Other questions:
  • A foreign subsidiary of the Bart Corporation has certain balance sheet accounts on December 31, 20X2. Information relating to th
    8·1 answer
  • You are faced with a dilemma. You want very much to go to the park with your friends and hang out. However, your mother left you
    7·1 answer
  • Suppose that the pre-tax price of gasoline is $1 per gallon. A tax of $0.50 is imposed and is paid by consumers to the governmen
    15·1 answer
  • When a multinational firm decides to sell its products abroad, one of the risks the firm faces is that the government of the for
    13·1 answer
  • At the broadest and vaguest level, cost-benefit analysis may be regarded simply as______________.a. systematic thinking about de
    13·2 answers
  • Journalize the following transactions assuming a perpetual inventory system:
    13·1 answer
  • Marino company is currently selling 10,000 units of its product per month at $10.40 per unit for total monthly sales of $104,000
    10·1 answer
  • Why is investing in a mutual fund less risky than investing in a particular company’s stock?
    5·2 answers
  • A memo is a copy of a document transmitted via phone line using a facsimile machine.
    14·1 answer
  • Johan was a newly hired attorney for Crontel Manufacturing, Inc. Even though he reported directly to the president of the compan
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!