Free iTEP Hospitality Questions and Answers

Question 1

Which of the following forms of business ownership must obtain a charter from the state(s) in which it operates...

Accepted Answer

Corporation

Answer

Consolidation

Answer

Sole proprietorship

Answer

Partnership

Question 2

What is the federal agency responsible for enforcing environmental regulations?

Accepted Answer

Environmental Protection Agency

Answer

Food and Drug Administration

Answer

Federal Trade Commission

Answer

National Transportation Safety Board

Question 3

The hotel manager needs a new car for the hotel staff and decides to purchase a Lexus. The manager visits the only Lexus dealership in the area and orders a car that will be delivered in six weeks. What type of distribution is being demonstrated?

Accepted Answer

Exclusive

Answer

Restrictive

Answer

Selective

Answer

Intensive

Question 4

Which of the following makes it possible for a hotel supply business's drivers to determine their exact location and obtain accurate directions to destinations:

Accepted Answer

Global positioning system

Answer

Video frequency technology

Answer

Cellular telephone system

Answer

Image scanning technology

Question 5

Resort pro shops that buy products from suppliers that are not the authorized distributors for the products' manufacturers are involved in the

Accepted Answer

Gray market

Answer

Outlet industry

Answer

Export business

Answer

Discount trade