Shade Tree Lending Corporation advertises loans as fixed-rate loans but, in fact, their rates or payment amounts will change. This is
A. a legal and ethical¾but morally arguable¾financial ruse.
B. a legal¾but unethical¾business practice.
C. a necessary tactic to generate a profitable loan in today's market.
D. a violation of the law.
Answer: D
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Answer the following statements true (T) or false (F)
1. Leadership makes the difference between success and failure in today’s hospitality organizations. 2. It is the basic experiences like cooking a steak correctly every time you go to a particular restaurant that compel guests to return again and again. 3. Today’s “wow” is tomorrow’s standard expectation for the guest who has been there and done that. 4. The second step in staffing is finding the right people for the right job.
A(n) ________ account is used to record increases in owner's equity from the sale of goods or services.
Fill in the blank(s) with the appropriate word(s).
Persuading the target of influence that complying will advance his career is known as ______.
A. apprising B. consultation C. inspirational D. rational
The VRIN characteristics stand for:
a. Valuable, Real, Imitable, Non-substitutable b. Valuable, Rare, Industrial, Non-substitutable c. Valuable, Real, Independent, Non-substitutable d. Valuable, Rare, Imperfectly imitable, Non-substitutable