Hilton Helps Others Run Their Hotels by Exporting Know-How Services

question 145

Multiple Choice

Hilton helps others run their hotels by exporting know-how services rather than products.This type of joint venture is known as ________.

• A) contract manufacturing
• B) licensing
• C) management contracting
• D) joint ownership
• E) direct investment

Understand the concept of synergy in group performance.

Recognize the effects of distraction on task performance.

Identify and explain the phenomenon of groupthink.

Understand the concept of evaluation apprehension and its impact on performance.

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Definitions:

FICA-Social Security

A U.S. government program funded by payroll taxes, providing benefits to retirees, disabled individuals, and survivors of deceased workers.

Employee Taxes Withheld

Amounts deducted from an employee's paycheck for taxes, including federal and state income tax and payroll taxes.

Times Interest Earned

This metric evaluates a business's capacity to settle its debt liabilities by contrasting its pre-interest and tax earnings with its costs from interest.

Interest Expense

The cost incurred by an entity for borrowing money, paid as interest on debt.