Professional Documents
Culture Documents
11. Costs to be considered in preparing a Construction budget include all but one of the
following:
a. Incentives to the local building inspectors
b. Working Capital
c. Construction Loan Fee
d. Construction
20. The classification, _______________, includes items that have the existing brand’s name
or logo on existing items, which must be replaced on the day of the name change.
a. Signage and identification
b. Minimum brand standards
c. Human resources
d. Computer information systems
e. None of the above
21. The classification, _______________, includes all costs associated with hiring and
relocation.
a. Signage and identification
b. Minimum brand standards
c. Human resources
d. Computer information systems
e. None of the above
35. Which of the following benefits is the key in selling successfully on-line, according to the
article?
a. Saving time
b. Price
c. Getting bonus loyalty-club points
d. Service
e. The availability of information
36. According to the study conducted by Yesawich, Pepperdine, and Brown (2000), almost
____ out of ten leisure travelers now seek the “lowest possible price” for travel services.
a. 2
b. 4
c. 6
d. 8
e. None of the above
37. Which of the following explanations were given by O’Connor for the increased consumer
perception that on-line reservations offer lower room rates compared to other distribution
channels?
a. Many of the best-known internet retailers (i.e., Amazon.com) initially competed
with traditional outlets based on price.
b. Consumers are aware that web-based distribution costs are lower than those of
other channels.
c. Many hotels use the web site to sell last-minute deals at relatively low prices but
with short lead times.
d. All of the above
e. Only a and b
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