What Are Two Possible Reasons That Management Contracting Is Prevalent

question 35

Essay

What are two possible reasons that management contracting is prevalent in the hotel industry?

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Definitions:

USB Flash Drive

A portable storage device that uses flash memory and is typically used for the transfer and storage of data.

Patent

A government-granted exclusive right for an inventor to manufacture, use, or sell an invention for a certain number of years.

Trademark

An identifiable emblem, motif, or saying that signals the products or services of a specific provider apart from competitors.

Intangible Property

Refers to non-physical assets such as intellectual property, copyrights, and trademarks.