In the Hotel Industry, the Occupancy Rate Is a Measure

question 202

Multiple Choice

In the hotel industry, the occupancy rate is a measure of

• A)risk
• B)solvency
• C)profitability
• D)utilization

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Definitions:

Predicts Future Behavior

The act of using current and past information to make informed guesses about future actions or trends.

Trait

A characteristic or quality of an organism, which can be physical or behavioral, genetically determined or acquired.

Guilt

A cognitive or emotional experience that occurs when a person believes or realizes—accurately or not—that they have compromised their own standards of conduct or have violated a moral standard and bear significant responsibility for that violation.

Egocentricity

The inability to differentiate between one's own perspective and someone else's perspective, commonly seen in early childhood development.