Leadership, Insuring Service of All Guest Rooms and Public Areas

question 37

Multiple Choice

Leadership, insuring service of all guest rooms and public areas, operating the department within a budget, and accurate record keeping are all duties of the

• A) front office manager
• B) Food and Beverage Manager
• C) engineering manager
• D) executive housekeeper

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Definitions:

Insurance

A financial product that provides compensation for specific losses or damages in exchange for regular payments, known as premiums.

Expected Return

The anticipated return on an investment, calculated as the weighted average of all possible returns, weighted by the likelihood of each outcome.

Diversification

A risk management strategy that involves allocating portfolio resources or capital to a variety of investments to reduce exposure to any single asset or risk.

Diversification

The strategy of allocating investments among various financial assets or sectors to reduce risk.