In Order to Determine If a Hotel Development Project Would

question 31

Multiple Choice

In order to determine if a hotel development project would likely succeed, we would perform a

• A) feasibility study
• B) operating assessment
• C) trust initiative
• D) property appraisal

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Definitions:

Internal Factors

Influences that originate within a person, such as beliefs, values, and personal drive.

Generalized Expectancies

Beliefs or assumptions about how general traits or behaviors are likely to be rewarded or punished in various situations.

Reinforcement Value

The degree to which the outcome of a behavior increases the likelihood of the behavior's recurrence.

Behavior Potential

The likelihood of a particular behavior occurring in the presence of specific environmental conditions.