MATCHING Choose the Item in Column 2 That Best Matches

question 22

Multiple Choice

MATCHING. Choose the item in column 2 that best matches each item in column 1.
Match the term with the correct description.
-Meeting Planners International (MPI)

• A)Travelers go online and within minutes have several quotes and often access to better deals than if they go through a travel agent
• B)The travel intermediaries that package tours for a country or an area, and then sell them to retail travel agents wherever possible
• C)A consultant and sales intermediary for airlines, hotels, railroads, car rental companies, and cruise ships who receives commissions from the carriers and other suppliers
• D)Companies that arrange every aspect of a travel package and bring together all the elements of a trip for travelers
• E)The leading organization for meeting and event professionals
• F)Tours with a trained escort that travel with the group
• G)The professional association for meeting planners
• H)Global distribution system (GDS)
• I)Fares offered between selected cities that requires tickets purchased 60 days in advance and a stay of at least 22 but no longer than 45 days
• J)A set of strategies that enable
• capacity-constrained service industries to realize optimum revenue from operations

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Definitions:

Days Sales Outstanding

Days Sales Outstanding (DSO) measures the average number of days that it takes a company to collect payment after a sale has been made.

Inventory Turnover Ratio

A measure of how many times a company's inventory is sold and replaced over a period. It indicates the efficiency of inventory management.

ROE

Return on Equity, a measure of a company's profitability that reveals how much profit a company generates with the money shareholders have invested.

Inventories

Assets held for sale in the ordinary course of business, or in the process of production for such sale, or in the form of materials to be consumed in the production process.