HMD 307 Hospitality Leadership, Management, & Ethics EXAM 2 - With correct answers

The manager's resources are human, finance, physical, and informational. Correct Answer: Fals e  Question 2 1 out of 1 points Define business plan Correct Answer: Written description of a new venture- the objectives and the steps for achieving them  Question 3 1 out of 1 points What involves everyone in an organization in sharing knowledge and applying it to continuously improve products and processes? Correct Answer: Knowledge management  Question 4 1 out of 1 points What theorists focus on the use of mathematics to aid in problem solving and decision-making? Correct Answer: Management science theorists  Question 5 1 out of 1 points Controlling is the process of setting objectives and determining in advance exactly how the objectives will be met. Correct Answer: Fals e  Question 6 1 out of 1 points What are the two distinct aspects of employee capability?