Roni Harris Is a College Student in the Business Department

question 60

Multiple Choice

Roni Harris is a college student in the business department of her local university. She came in to college thinking she wanted to become an accounting major, but discovered that she is interested in product marketing and sales.
-Roni sees a job posting for a"Business Development Manager in the hospitality industry."Which of the following most accurately describes the duties of this position?

• A)soliciting donations from charitable donors and foundations for an organization that promotes hospitality
• B)selling guest and conference hotel rooms and other hotel services to organizations
• C)working as a front desk clerk at a hotel
• D)servicing requests from guests at an upscale resort
• E)managing the banquet hall at a large restaurant/catering facility

---

Definitions:

Annual Cash Inflows

The total amount of money received by a company within one year from its various operational and financial activities.

Oil Production

The extraction of crude oil from the earth, which is later refined and used in the production of various energy products and other materials.

Opportunity Cost

The sacrifice of potential gains that could have been obtained from unchosen options.

Cost of Capital

The required return necessary to make a capital budgeting project, such as building a new factory, worthwhile.