The city of Seattle sells an average of 30,000 hotel rooms per night. Currently, those rooms have an average tax of $90. The city proposed an additional tax of $10 per room to help finance a stadium. Economists believe that without the tax, the city would average an extra 4000 rooms per night due to the new stadium. But with the tax, the number of rooms sold would fall to 27,000 even with the stadium. Based on these numbers, would it be smarter for the city to charge the proposed tax, or to use tax incremental financing to pay for the stadium?

True or false:

1) If a nation is selling more goods and services to foreigners than it is buying from them, then on net it must be selling assets abroad.

2) It is possible for a country to have domestic investment that exceeds national saving.

3) If a country’s trade surplus falls, its net capital outflow rises.

4) If the exchange rate is 80 yen per dollar, then a hotel room in Tokyo that costs 25,000 yen costs $200.

5) Other things the same, an increase in the nominal exchange rate raises the real exchange rate.

As a field representative for your company, you are accustomed to traveling and working from hotels on the road. You always stay in a hotel with free WiFi so that you work and check your email, as well as Skype with your family.

What are the risks of using a public WiFi?

Short of finding a more secure network, what could you do to use this wireless network in a more secure fashion?

What options do you have if you are traveling for personal reasons and not as an employee?

Make sure you collect this information in a single Microsoft Document

1. The owner of a hotel borrowed $13 000 at 7.8% compounded semi-annually and agreed to repay the loan by making payments of $750 at the end of every 4 months.
   1. How much payments will be needed to repay the loan?
   2. How much will be owed at the end of 5 years?
   3. By the end of 5 years of payments, what is the total interest payed?

2. A contract valued at $28 000 requires payments of $6500 every 6 months. The first payment is due in 5 years and interest is 12% compounded semi-annually.
   1. How many payments are required?
   2. What is the size of the last payment?

Sarah has a three-day meeting in Berlin. She takes an overnight flight arriving early Sunday morning.After resting several hours, she spends the rest of the day sightseeing. She attends the meetings onMonday, Tuesday, and Wednesday. She spends Thursday sightseeing and returns home on Friday. Her transportation cost $1,200 and her five night’s hotel cost $1,250. Her meals were $50 per day fromMonday through Thursday and $30 each on Sunday and Friday. How much can Sara deduct for thisbusiness trip?

Develop a simple MIS (Management Information System) that consists of a simple database (a text file). The system manages to dynamically input record/data into the database. The data from the database can be sorted, searched and updated. User also should be able to add new records/data, remove any data and etc.
Here are some ideas of MIS that can be developed:
1. Hotel reservation system.
2. Students management system.
3. Payroll management system.
4. Bus/Railway/Plane ticketing system.
5. Clinic record management system.

Please advise on both of tendering method and contractual arrangement for the construction of a 5-Star Hotel in Tung Chung new town. Since the proposed project is to be a major development, the Client is anxious on the cost aspects.

The Client wishes to have indication of the amount of investment before signing the formal contract with the selected contractor and he is also concerned on the cost-control aspect. He also intends to commence the work at a reasonable time.

Suggest to the client with reasons, for choosing both of the most appropriate tendering method and contractual arrangement for this particular project for client’s consideration.

Develop a simple MIS (Management Information System) that consists of a simple database (a text file). The system manages to dynamically input record/data into the database. The data from the database can be sorted, searched and updated. User also should be able to add new records/data, remove any data and etc.
Here are some ideas of MIS that can be developed:
1. Hotel reservation system.
2. Students management system.
3. Payroll management system.
4. Bus/Railway/Plane ticketing system.
5. Clinic record management system.

A quality control activity analysis indicated the following four activity costs of a hotel:

Sales are $3,000,000. Prepare a cost of quality report. Round percent of sales to one decimal place.

48. REVPASH was a great metric if used based on historical data to subtly turn tables, get customers to pay the check, and create upsell incentives”

T / F

49. If a hotel is missing one of the two prong tests for termination, say Revpar is 85, it is so low that an ownership group could theoretically cancel the contract with the management company because of gross mismanagement related to just RevPAR.

T / F

50.   Most employees quit their job because of salaries and benefits below the market average and not for any other reason.

T / F