Answer the following statements true (T) or false (F)

1. The most highly developed technical applications of guestology can be found in the systems area.
2. “The wait” is difficult to model and study with computerized simulation techniques because of differing guest opinions about an appropriate wait length.
3. You can figure out what factors in the service product, the environment, and the delivery system are the key drivers to guest satisfaction and intent to return by putting yourself in the guests’ shoes and determining what you think is most important.
4. Regardless of the size of the innovation, the skill of the leader to implement change successfully will make the difference between success and failure.


1. True
2. False
3. False
4. True

Business

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A salami fraud affects a large number of victims, but the harm to each appears to be very small

Indicate whether the statement is true or false

Business

Financial statements for Maraby Corporation appear below:Maraby CorporationBalance SheetDecember 31, Year 2 and Year 1(dollars in thousands) Year 2Year 1Current assets:        Cash and marketable securities$220 $190   Accounts receivable, net 190  160   Inventory 140  150   Prepaid expenses 70  80 Total current assets 620  580 Noncurrent assets:        Plant & equipment, net 1,180  1,150 Total assets$ 1,800 $ 1,730        Current liabilities:        Accounts payable$100 $120   Accrued liabilities 100  70   Notes payable, short term 160  160 Total current liabilities 360  350 Noncurrent liabilities:        Bonds payable 450  500 Total liabilities 810  850 Stockholders' equity:       

Common stock, $5 par 160  160   Additional paid-in capital 200  200   Retained earnings 630  520 Total stockholders' equity 990  880 Total liabilities & stockholders' equity$ 1,800 $ 1,730 Maraby CorporationIncome StatementFor the Year Ended December 31, Year 2(dollars in thousands)Sales (all on account)$1,960 Cost of goods sold 1,370 Gross margin 590 Selling and administrative expense 230 Net operating income 360 Interest expense 50 Net income before taxes 310 Income taxes (30%) 93 Net income$  217 Maraby Corporation's inventory turnover for Year 2 was closest to: A. 9.4 B. 11.2 C. 13.5 D. 7.8

Business

______ is the ease with which an equipment or system can be repaired or serviced.

A. Availability B. Maintainability C. Redundancy D. Reliability

Business

A ________ interview brings together several job candidates who are interviewed at the same time. This type of interview can use the standard Q&A format, or they can be project-based action interviews

A) group B) telephone C) panel D) one-on-one E) career fair

Business