Examlex
Each of the following is a characteristic of the Hospitality Industry EXCEPT:
Supplier-Customer Relationships
This term refers to the interactions and dealings between a business that provides products or services and its buyers.
Conglomerate Merger
A merger between firms that are involved in totally unrelated business activities.
Economic Benefits
The advantages gained from financial activities, including income, profits, and savings, as well as non-monetary gains like improved well-being or productivity.
Consolidation
The process of combining multiple entities or accounts into a single entity or account, often for financial reporting purposes.
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