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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:
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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