Business Environment and Market

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Questions and Answers

What type of guest has a guaranteed reservation and receives special treatment from check-in to check-out?

  • Joiner
  • Very Important Person (VIP) (correct)
  • Delegate
  • Free Independent Traveler (FIT)

What is a competitor in a business context?

  • A rival business that reduces market share (correct)
  • A walk-in guest without a prior reservation
  • A customer who buys goods or services
  • Front office staff making a good impression

What type of guest is participating in a seminar, convention, conference, or meeting?

  • Free Independent Traveler (FIT)
  • Walk-in guest
  • Delegate (correct)
  • Very, Very Important Person (VVIP)

What is a major obstacle that hotels may face?

<p>Too much competition and decreasing prices (B)</p> Signup and view all the answers

What is the term for a non-registered guest occupying a room?

<p>Joiner (A)</p> Signup and view all the answers

How much time do front office staff have to make a good impression on clients?

<p>15 minutes (C)</p> Signup and view all the answers

What type of guests travel in groups to visit famous places for sightseeing?

<p>Tourists (B)</p> Signup and view all the answers

Why do families check in on weekends or during holidays?

<p>To relax, unwind, and enjoy their time (D)</p> Signup and view all the answers

What is the most important market for many lodging facilities?

<p>Business Travelers (C)</p> Signup and view all the answers

How do possible hotel clients get information about different hotels?

<p>Through the internet, travel magazines, television, and word of mouth (B)</p> Signup and view all the answers

What is at the center of every successful business?

<p>Knowing and understanding customer needs (B)</p> Signup and view all the answers

How can booking and reservations be done?

<p>Through the internet and telephone (A)</p> Signup and view all the answers

What is the primary purpose of conducting a SWOT analysis?

<p>To identify internal strengths and weaknesses (D)</p> Signup and view all the answers

What can be offered to a market to satisfy a customer's desire or need?

<p>A service or an item (A)</p> Signup and view all the answers

What refers to a medium that allows buyers and sellers to interact?

<p>A market (D)</p> Signup and view all the answers

What are internal current factors that prompt outstanding indicators or product and service performance?

<p>Strengths (B)</p> Signup and view all the answers

What is an example of a weakness in a SWOT analysis?

<p>Poor customer service (A)</p> Signup and view all the answers

What are factors that a company can take advantage of?

<p>Opportunities (A)</p> Signup and view all the answers

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