14 Questions
What social and economic changes suggest a bright future for the tourism and hospitality industry?
Reduced retirement age and increased social security benefits
What is the minimum age at which workers can currently receive benefits from the US social security system?
62
What is a trend in retirement programs according to the text?
Service-based retirement programs
What is a possible scenario in some government retirement programs according to the text?
Workers can work for 20 years and receive benefits at 60 or younger
What is the focus area of the specific issues mentioned for owners and managers of tourism and hospitality establishments?
Marketing, legal, human resources, operations, and consumer affairs
What is the main goal for owners and managers of tourism and hospitality entities according to the text?
Addressing the major issues confronting the industry
What is one reason that the increasing number of people retiring early is beneficial for the tourism and hospitality industry?
They have more time to travel and see the world
What factor contributes to the potential increase in customers for tourism and hospitality operations?
Longer average life span
How does the shorter workweek impact the tourism and hospitality industry?
It increases leisure time and the possibility of travel
Why does the greater disposable income benefit the tourism and hospitality operations?
The operations receive an important share of the additional disposable income spent on consumer goods and services
What effect does the greater mobility have on tourism and hospitality industry sales?
It has a positive impact, leading to increased sales
How does the modern highway system contribute to increased travel?
It reduces the time required for automobile travel between any two points
Why does the average family size decreasing make it easier for families to travel?
It makes travel less expensive if fewer family members travel
What kind of issues must those pursuing careers in tourism and hospitality obtain knowledge about?
Marketing, legal, human resources, operations, and consumer affairs issues
Test your knowledge on the social and economic changes shaping the future of the tourism and hospitality industry, as well as the specific challenges faced by owners and managers of establishments. This quiz is based on the learning outcomes of Mrs. Graciel Torres' temporary Module 4.
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