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
kondor19780726 [428]
2 years ago
14

Overbooking is a common practice in the hospitality industry. What are the pros and cons of overbooking? Is overbooking ethical?

Business
1 answer:
Korolek [52]2 years ago
8 0
Pros: Helps hotel to achieve 100% occupancy, Maximize expected venue, Long term revenue and profit increase, low risk method to increase profitability and Compensation are cheaper than leaving a room empty
Cons: loss of hotel reputation, alternative arrangement for guests might be more expensive, may revive negative review online ,

The purposeful and deliberate act of overbooking runs counter to any acceptable standard of ethical business practice. In addition to the practice being ripe with serious legal, contractual and consumer protection violations, overbooking forces hospitality personnel into making conscious immoral and unethical choices.
You might be interested in
Recently, U.S. dairies, struggling to increase milk sales, tried to change the way adults thought about chocolate milk. The dair
Blizzard [7]

Answer:

The correct answer is C

Explanation:

Repositioning is states as altering or changing the position of the product in the customer minds as relative to the offerings of the product. It is very difficult as well as subtle procedure as the brand or the product needs or require to change the market understanding of the product.

In this case, the dairies would like to reposition the chocolate milk in the minds of the adult customers as they are trying to change the way adults think of chocolate milk.

7 0
3 years ago
The level of inventory of a manufactured product has increased by 8,000 units during a period. The following data are also avail
LiRa [457]

Answer:

There will be a difference in the income .

Absorption costing income will be lower as it transfers all the fixed costs to the ending inventory.

Variable costing income will be higher as it does not transfer  the fixed costs to the ending inventory.

The difference will be  of $ 104000

Explanation:

Increase in units 8000                                                              

                                                              Variable       Fixed

Unit manufacturing costs of the period $24.00 $10.00

Unit operating expenses of the period    8.00       3.00

Total Unit Costs                                       $ 32.00    $ 13.00

The net operating income under variable costing for the year will be $ 13* 8000= $ 104000 Lower than the net operating income under  absorption costing.  This is because the all fixed costs will be treated as period cost rather than product costs.

In variable costing the ending inventory will be $104000 lower than the ending inventory under absorption costing  because the fixed costs will not be allocated to products.

Under variable costing, the units in the ending inventory will be costed at $32 each.Under absorption costing, the units in the ending inventory will be costed at $32+ $ 13= $ 45 each.

7 0
3 years ago
Hofstede isolated four dimensions that he claimed characterized the cultures of different countries. Briefly describe each of hi
Airida [17]

Answer:

His four dimension are power distance, individualism vs collectivism, uncertainty avoidance, and masculinity vs femininity.

Explanation:

  • The theory of the cultural dimensions given by the Hofstede expresses the cross-culture communication that takes place within the organization and they are associated with the values on the society.  As cultures differs managerial practices also change.
  • The power distance is the first dimension which states that the members arrange themselves in a hierarchy and those who are less powerful are in a society of acceptance and Uncertainty avoidance is the dimension that describes the extent to which the society is at ease with the risks.
  • Individualism and collectivism state that society that is more individual and tends to be self-oriented and takes actions as compared to the actions that are taken in the groups and collective efforts.
  • The ideas of masculinity as make dominated achievements and heroism as opposite to the modesty and honesty of feminism in western nations rather than in eastern nations.
6 0
2 years ago
A severe freeze has once again damaged the Florida orange crop. The impact on the market for orange juice will be a leftward shi
mezya [45]

Answer:

C. Supply Curve

Explanation:

Supply : Quantities sellers are able & willing to sell at a price , period . Determinants :  Price (price supply direct relationship - upward sloping curve) , Inputs Price , Other goods price , Technology , Govt Policy , Seasonal factors .

Change in supply due to Price is 'Change in Quantity supplied' , leads  to movement along the curve . Change in Supply due to other factors is 'Change in Supply' & shifts the curve

Damage of orange crop will decrease its supply & hence derived supply of its by product orange juice .

Since the decrease in supply is due to other (seasonal) factor , it will shift the supply curve - decrease it & leftward shift . This supply deficiency leads to excess demand raising the equilibrium prices finally .

5 0
3 years ago
Advancements in technology alter the way jobs are performed but do not alter the physical and social environments of the workpla
ella [17]
I would say this is false. Some companies today use the hover boards to get around the office. Also Computers replaced stacks of paper. Cell phones also changed how people talk not only in everyday life but also in the environments of workplaces.
3 0
3 years ago
Read 2 more answers
Other questions:
  • you are billed $300 at 5% simple interest for 2 years but given an opportunity to pay only 3% compound interest for 2 years. Whi
    8·1 answer
  • The loan review department at a major regional bank has an exceptionally high turnover of both administrative assistants and ana
    13·1 answer
  • orrugated Company currently produces cardboard boxes in an automated process. Expected production per month is 40,000 units. The
    10·1 answer
  • Which of the following is not descriptive of external environmental scanning? used as a tool for corporations to avoid strategic
    7·1 answer
  • The process of creating new or improved goods and services or developing better ways to produce or provide them is called ______
    7·1 answer
  • Which of the statements correctly represents the accounting equation?
    9·1 answer
  • Explain what nuclear medicine technologists and magnetic resonance technologists have in common.
    6·1 answer
  • Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some ti
    5·1 answer
  • If a final assembly company wants to expand into the manufacturing industry, it is pursuing a
    14·1 answer
  • A defect on a title that can be monetary or physical is called an ______. Unset starred question Agreement Appurtenance Encumbra
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!