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According to Underwood, a General Manager of a Hotel Must

question 45

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According to Underwood, a general manager of a hotel must be able to react and prioritize where his or her daily efforts are focused. Commonly, these efforts are directed toward:


Definitions:

Unemotional Self-interest

Refers to actions motivated purely by personal gain without regard to emotions or moral considerations.

Q

Generally denotes quantity in economic and mathematical models, referring to the amount of goods or services.

School of Thought

A particular philosophy or a specific way of thinking that is characteristic of a certain group or period.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

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