City Center,resort,airport and Freeway Are All Examples of Hotels Being

question 25

Multiple Choice

City center,resort,airport and freeway are all examples of hotels being classified by

• A)location
• B)amenities
• C)service
• D)price

Comprehend the reasons behind separating discussions of pay from performance appraisals.

Understand the role of regulatory bodies in setting guidelines for performance appraisals.

Distinguish between the advantages and disadvantages of various appraisal methods.

Grasp the concepts of appraisal biases and how they impact performance ratings.

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Definitions:

Marketing Mix

A set of actionable marketing tools—product, price, place, and promotion—that a company uses to pursue its marketing objectives in the target market.

Price

The amount of money expected, required, or given in payment for a good or service.

Discounts

A reduction applied to the regular price of goods or services, typically used as a strategy to increase consumer demand or clear out excess inventory.

Allowances

Financial discounts or concessions granted to customers, employees, or other parties, often as incentives or for compensation for specific purposes.