Which of the Following Are Components of Hospitality Sales Management

question 12

Multiple Choice

Which of the following are components of hospitality sales management?

• A) Sales organization
• B) Training and development
• C) Goal setting
• D) All of the above
• E) Only a and c

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Definitions:

Safety Stock

Extra inventory kept to guard against shortages due to fluctuations in demand or supply.

Lead Time

The amount of time that elapses between the initiation and completion of a production process or delivery of a service.

Kanban Size

Kanban size refers to the quantity of work or production capacity represented by a kanban card in a lean manufacturing system, aimed at controlling the flow of resources through the production process.

Setup Cost

The expenses involved in configuring a process, machine, or system for a particular production run or task.