Which of the Following Would Likely Have the Lower Operating

question 79

Multiple Choice

Which of the following would likely have the lower operating leverage?

• A) Hotel
• B) Golf course
• C) Theme park
• D) Retailer

---

Definitions:

Mission Statements

Formal summaries of the aims and values of a company, organization, or individual, guiding their goals and strategic decisions.

Standards

Established norms or requirements designed to ensure products, services, and processes meet specific criteria for quality and performance.

Objectives

Specific, measurable goals set by an individual or organization in pursuit of their larger aims or missions.

Organization's Performance

A measure of how well an organization achieves its set objectives and goals through efficient and effective use of resources.