Le Pavilion Is a Historic Hotel Just Outside of Melbourne

question 86

Multiple Choice

Le Pavilion is a historic hotel just outside of Melbourne. It is owned by Refined Hotels, which operates additional properties in Sydney, Brisbane and Perth. Le Pavilion has 9 floors, with approximately 20 rooms per floor. Facilities also include a workout room, restaurant, and pool. The hotel is organised in 5 departments: front desk, engineering, housekeeping, food & beverage, and customer relations. As part of its operation, Le Pavilion regularly incurs the following costs: General manager's salary
Housekeeping supplies
Utility costs
Depreciation on workout room equipment
Advertising
Food and beverage costs
Depreciation on restaurant equipment
Le Pavilion could define its cost objects as
I Customers only
II Departments only
III Number of employees

• A) I only
• B) I and II only
• C) II only
• D) I, II, and III

Understand the four generic business strategies: Cost Leadership, Differentiation, Cost Focus, and Differentiation Focus.

Know the historical application of these strategies by examining case studies such as Henry Ford’s Model T production.

Identify characteristics of cost-leadership and differentiation strategies and how they target broad market segments.

Recognize cost focus and differentiation focus strategies and their targeting of specific market segments.

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Definitions:

Halfs

Incorrect plural form of "half," which refers to one of two equal parts that something can be divided into.

Spelled Correctly

The accurate arrangement of letters to form a word according to standard orthography.

Slander

The defamation action appropriate to oral defamation.

Libel

The defamation action appropriate to printed or written defamations, or to those that have a physical form.