The Type of Hospitality Manager Least Likely to Have Direct

question 10

Multiple Choice

The type of hospitality manager least likely to have direct access to the services of a full-time HR specialist is the manager of a

• A) franchised resort hotel.
• B) single owner-operated restaurant.
• C) restaurant in a 50-unit restaurant chain.
• D) large university residence hall's dining facility.

---

Definitions:

Marginal Revenue

The incremental income a business obtains by selling one more unit of a product or service.

Average Total Cost

The total cost of producing a certain quantity of output divided by that quantity, representing the per-unit cost of production.

Economic Losses

Financial losses incurred due to factors such as market fluctuations, business operation inefficiencies, or external events affecting the economy.

Average Variable Cost

The total variable costs (costs that change with the level of output) divided by the quantity of output produced.