A Hotel in Hawaii That Considers Its Main Competitors to Be

question 12

Multiple Choice

A hotel in Hawaii that considers its main competitors to be hostels, motels, timeshares, and vacation rentals would be using the_______ approach of identifying its competitors.

• A) Demand based
• B) Inventory based
• C) Target market based
• D) Supply based

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Definitions:

Income Tax Liability

The amount of tax owed to the government for earnings made during a fiscal period.

Operating Income

The profit earned from a firm's core business operations, excluding deductions of interest and tax.

Tax Rate

The percentage at which an individual or corporation is taxed.

Connecting Affiliations

Relationships or linkages between entities or organizations that facilitate communication, cooperation, or coordination.