Which of the Following Components Is Are) Parts) of a Hotels

question 85

Multiple Choice

Which of the following components is are) parts) of a hotels marketing situation?

• A) The hotels strengths and weaknesses
• B) The various kinds and numbers of customers available in the marketplace
• C) The hotels competitors
• D) All of the above
• E) Only a and b

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Definitions:

Composite Methods

Depreciation techniques that combine multiple assets into a single group or pool and apply a uniform depreciation rate to the collective group, irrespective of individual asset life.

Depreciation Expense

Distributing the expense of a physical asset throughout its serviceable duration.

Residual Value

The estimated amount that an asset is expected to realize upon the end of its useful life, after deducting the cost of disposal.