Allocating the Right Type of Room to the Right Guest

question 6

Multiple Choice

Allocating the right type of room to the right guest at the right price is the job of

• A) the sales department
• B) the point of sale system
• C) the concierge
• D) the revenue management system

Understand the effects of fixing exchange rates and limiting currency convertibility on international trade.

Evaluate the protective measures for domestic industries and their overall benefit to the economy.

Understand the benefits and costs of international trade for domestic consumers and producers.

Analyze the effects of tariffs and trade policies on a country's economy.

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Definitions:

Ramifications

Consequences or outcomes that result from an action or decision.

Coal Burning

The combustion of coal as a method to generate electricity or heat, contributing to air pollution, including the release of carbon dioxide and other harmful emissions.

Global Warming

The long-term rise in Earth’s average temperature, primarily due to carbon dioxide emissions from burning fossil fuels.