Chad Collins
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NC Hospitality & Tourism 2.01 Quiz

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Chad Collins
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2.01 H&T Quiz

Question 1 of 14

1

During which phase of the business cycle is travel and tourism most likely to increase?

Select one of the following:

  • Trough

  • Contraction

  • Expansion

  • Recession

Explanation

Question 2 of 14

1

Which of the following is a factor that influences demand in the travel and tourism industry?

Select one of the following:

  • Tariff revenue

  • Export quotas

  • Production costs

  • Economic conditions

Explanation

Question 3 of 14

1

What typically results when a destination’s hospitality and tourism businesses continuously attract visitors?

Select one of the following:

  • The local economy thrives.

  • The local economy declines.

  • Local businesses are more likely to fail.

  • Local residents have less money to spend.

Explanation

Question 4 of 14

1

What process has led to an interdependency of travel and tourism activities among different countries to strengthen their national economies?

Select one of the following:

  • Globalization

  • Protectionism

  • Domestic trade

  • Industrial positioning

Explanation

Question 5 of 14

1

When tourists spend money at local attractions, the employees working at the local attractions earn income and spend a portion of their money at local restaurants and stores. What concept does this situation illustrate?

Select one of the following:

  • The economic multiplier

  • The competitive advantage

  • The channels of distribution

  • The law of diminishing returns

Explanation

Question 6 of 14

1

Which of the following economic indicators suggests that a country is likely to experience an overallincrease in domestic travel and tourism?

Select one of the following:

  • Sales taxes increase

  • Consumer spending increases

  • The standard of living decreases

  • The strength of the U.S. dollar decreases

Explanation

Question 7 of 14

1

What tends to occur when a nation’s economy experiences an economic recession?

Select one of the following:

  • Lodging facilities expand their operations

  • The food and beverage industry grows rapidly

  • Consumers save their money and reduce their travel

  • The workforce grows and spends less money on tourism

Explanation

Question 8 of 14

1

How does a high level of inflation affect the hospitality and tourism industry?

Select one of the following:

  • Tourists’ have more money to spend

  • Tourists’ purchasing power decreases

  • Hospitality and tourism businesses hire more employees

  • Hospitality and tourism businesses typically lower their prices

Explanation

Question 9 of 14

1

What is an advantage to a resort community that experiences an increase in travel and tourism?

Select one of the following:

  • Higher inflation rates

  • Less government regulation

  • Lower gross domestic product

  • More employment opportunities

Explanation

Question 10 of 14

1

Which of the following factors is most likely to have a positive impact on a destination’s ability to attract tourists?

Select one of the following:

  • Increase in sales tax

  • Increase in crime

  • Fluctuations in interest rates

  • Improvements to the infrastructure

Explanation

Question 11 of 14

1

What economic condition typically occurs during a popular vacation destination’s off-season?

Select one of the following:

  • Increase in tourism

  • Lower interest rates

  • Higher unemployment

  • Decrease in tax rates

Explanation

Question 12 of 14

1

Why do popular vacation destinations tend to experience economic highs and lows at certain times of the year?

Select one of the following:

  • Tourists want to visit new places.

  • Travel and tourism are cyclical.

  • Airlines overbook their flights.

  • Airport hubs close during certain seasons.

Explanation

Question 13 of 14

1

Tami is coordinating for a concert of about 30,000 attendees. She is also coordinating with local hotels. Which activity is she addressing?

Select one of the following:

  • The inflation rate increases.

  • The demand for hotel rooms increases.

  • The demand for transportation decreases.

  • The local economy experiences a contraction.

Explanation

Question 14 of 14

1

The Wyndbriar Hotel chain has 710 hotels in 64 countries, sells shares of stock to the public, and does not identify itself with one particular “home” country. What business structure is the hotel chain using?

Select one of the following:

  • Joint venture

  • Close corporation

  • Limited partnership

  • Transnational corporation

Explanation

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