Why Do Multi-National Hotel Groups Often Prefer Local Citizens to Serve

question 24

Multiple Choice

Why do multi-national hotel groups often prefer local citizens to serve in top-level management positions?

• A) The salaries paid to local managers will be lower.
• B) It is easier to find well-trained and high-quality managers locally.
• C) Employee morale will improve as workers recognize they can be promoted to the highest levels of management.
• D) Local citizens will be less likely to resign their positions during difficult economic times.

Recognize the role of psychological factors in physical health.

Know the statistics related to health behaviors and outcomes in the United States.

Understand the concept of risk perception in relation to health-impairing habits.

Recognize the links between diet, exercise, and health.

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Definitions:

Structural Changes

Alterations in the fundamental ways a market or economy operates, often due to technological advances, shifts in demand, or policy changes.

Monetary Expansion

An increase in the money supply in an economy, typically achieved through central banking activities, leading to potential effects on inflation, interest rates, and economic growth.

Tariffs

Taxes imposed by a government on imported goods, often used to protect domestic industries from foreign competition.