An example of an indirect good in the fast-food industry is:
A. mustard.
B. paper napkins.
C. beef.
D. sugar.
Answer: B
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Answer the following statements true (T) or false (F)
1. What may create a “wow” experience for guests on a first visit may be only “as expected” the next time. 2. In the hospitality industry, the people part of the delivery system is the more important component. 3. Every guest experience is unique. 4. The moment of truth can also be referred to as the critical incident.
The budgeted volume of production is based on the sum of (1 ) the expected sales volume and (2 ) the desired ending inventory, less (3 ) the estimated beginning inventory
Indicate whether the statement is true or false
Parker Co. is preparing next period's forecasts. Total fixed costs are expected to be $300,000 and the contribution margin ratio is expected to be 30%.(a) Calculate the company's break-even point in dollar sales.(b) If sales are $1,800,000 above the break-even point, what will Parker's pretax income be?
What will be an ideal response?
In the McKennon v. Nashville Banner Publishing Co case referenced in the text, after-acquired evidence of the plaintiff-employee's misconduct was introduced in a lawsuit filed under the ADEA. How did the U.S. Supreme Court rule?
a. The court ruled that under such circumstances, the plaintiff's claim should be dismissed. b. The court ruled that under such circumstances, remedies available to the plaintiff should be limited to back pay and should not include reinstatement or front pay. c. The court ruled that under such circumstances, remedies available to the plaintiff should be limited to back pay and front pay and should not include reinstatement. d. The court ruled that such evidence has no effect on the lawsuit or on available remedies.