HM07 PRELIMS Flashcards
It is commonly used in the HM industry. Examples are the TOS system (used in fast-food restaurants) and online software (used by hotels for reservations).
Applied Business Tool
Most successful businesses rely on technology for:
communication
technology
activity
These are any assets that help/assist the organization to achieve its stated aims or goals.
Business Tools
TRUE/ FALSE: There are various types of business tools.
TRUE
There are various types of business tools used in business that vary in:
complexity
size
danger
importance
TRUE/ FALSE: It is important to understand what/how technology plays a part in hospitality management.
TRUE
TRUE/ FALSE: Different businesses = same business tools
FALSE (same business tools- different business tools)
any tool that assists the business
Business Tool
all the list of assets considered as a business tool
Business Tool
a criteria used to classify an item as a business tool
Identification Criteria
it uses a checklist
Identification Criteria
Identification Criteria uses a ____ to classify an item as a business tool.
checklist
it is the no. attached to a tool during the manufacturing process
Serial Number
there is no or it is not the final product, so it is seen BEFORE the tools are combined.
Serial Number
TRUE/ FALSE: Serial Number is not the final product, so it is seen after the tools are combined.
FALSE (after- before)
It is found per tool since it is used during manufacturing.
Serial Number
TRUE/FALSE: Asset number is found per tool since it is used during manufacturing.
FALSE (asset number- serial number)
TRUE/FALSE: Serial numbers are used after manufacturing.
FALSE (after- during)
an in-house number created to identify a tool
Asset number
during inventory, it is easy to spot this in the POS system
Asset Number
it is given by the buyer for easy identification of product
Asset Number
it is usually written and purchased by a company
Asset Number
TRUE/ FALSE: An asset number is usually written and sold by a company.
FALSE (purchased- sold)
TRUE/ FALSE: A serial number is an in-house number created to identify a tool.
FALSE (serial number- asset number)