Each of the Following Is a Characteristic of the Hospitality

question 16

Multiple Choice

Each of the following is a characteristic of the Hospitality Industry EXCEPT:

• A) product is intangible and perishable
• B) no such thing as business hours
• C) the service product and the guest are separate
• D) characterized by shift work

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Definitions:

Par Value

The nominal or face value of a stock or bond, as stated by the issuing company.

Dividends Received

Earnings distributed to shareholders from the investments in other companies.

Par Value

The nominal or face value of a stock or bond as stated by the issuer.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of stock, rather than cash.