Which of the following is the most accurate definition of leadership?
A. Leadership refers to transforming the day-to-day activities of an organization to increase its
effectiveness.
B. Leadership refers to the personality traits of an individual which makes him or her guide an
organization to better performance and effectiveness.
C. Leadership refers to the abilities of an individual to act according to the changes in the
environment.
D. Leadership is influencing, motivating, and enabling others to contribute toward the
effectiveness and success of the organizations.
E. Leadership refers to the capabilities of certain individuals to introduce successful changes
in organizational performance.
D. Leadership is influencing, motivating, and enabling others to contribute toward the
effectiveness and success of the organizations.
Leadership is influencing, motivating, and enabling others to contribute toward the
effectiveness and success of the organizations. This is an accurate and widely accepted
definition of leadership.
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Training is important to hospitality organizations because ______.
a. The individual hospitality employee can make or break the organization’s relationship with its guests. b. Training programs are relatively inexpensive compared to their value. c. Measuring its results can lead to improved guest service. d. Training programs are relatively inexpensive compared to on-the-job experience.
Which of the following formulas is used to calculate the break-even volume in terms of number
of units? A) Break-even Volume = (Fixed Cost + Variable cost)/(Price) B) Break-even Volume = (Unit Cost - Fixed Cost)/Price C) Break-even Volume = ((Fixed Cost)/(Unit cost))*100 D) Break-even Volume = (Fixed Cost)/(Price - Unit Cost)
A company producing product in ____________ is likely to have little flexibility and few customization options available.
What will be an ideal response?
There is no ideal form for a business venture
Indicate whether the statement is true or false