In House and Guest Communications in a Hotel Are Managed

question 27

Multiple Choice

In house and guest communications in a hotel are managed by

• A) point of sales systems
• B) the property management system
• C) CBX or PBX
• D) the F.O.M.

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Definitions:

Money Value

The value of an item or service expressed in terms of the amount of money that it is worth.

Mixed Strategy Equilibrium

A solution concept in game theory where players choose a probability distribution over possible actions, ensuring no player can benefit from changing their strategy unilaterally.

Company Policy

A set of principles, rules, or guidelines formulated or adopted by a company to achieve its long-term goals and manage its internal affairs.

Money Value

The purchasing power of money, which can be affected by inflation and the general price level of goods and services.