The term bench marking as relates to the hotel industry refers to A-line by line analysis's of the operating statement comparing metrics for hotels of such a similar size or profiles that true ir false

Question

Business

Nicolas Medina

28 December, 07:50

The term bench marking as relates to the hotel industry refers to A-line by line analysis's of the operating statement comparing metrics for hotels of such a similar size or profiles that true ir false

+1

Answers (1)

Know the Answer?

Teresa Garcia · Answer 1

true

Explanation:

Bench marking is a tool used to measure and improve performance of a company or segment. It involves a Managers identifying the best entity or segment that has similar attributes to its operations and/or segment in terms of industry, size and market, then comparing what they do well the most and implementing changes in their firm's or segments.