Nikita Is the Manager of a Local Small Hotel

question 59

Multiple Choice

Nikita is the manager of a local small hotel. Just today Nikita received word that a major convention will be coming to town next month, and the demand for hotel rooms is expected to skyrocket. In a conversation with the owner, she asked, "What should our approach to pricing be for the week of the convention? Should we require payment in full at the time of the reservation?" Which management method is Nikita using?

• A) the devil's advocate method
• B) scientific management
• C) the synergy method
• D) the contingency viewpoint
• E) the systems viewpoint

Understand the principles for allocating costs to departments.

Distinguish between direct expenses and those requiring allocation due to joint benefits.

Appreciate the complexity in choosing a fair basis for expense allocation.

Understand the concepts of bond valuation and the calculation of carrying value over time.

---

Definitions:

Cornea

The transparent front part of the eye that covers the iris, pupil, and anterior chamber, contributing significantly to the eye's ability to focus.

Sensory Fatigue

The reduced sensitivity of the senses after prolonged exposure to certain stimuli.

Subliminal Perception

The process by which stimuli presented below the threshold of conscious awareness influence thoughts, feelings, or actions.

Longest Wavelengths

Refers to the type of electromagnetic waves with the greatest distance between successive crests, typically found in radio waves.