Author Question: Following the September 11, 2001, terrorist attacks, the managers of many hotels expected a ... (Read 198 times)

Cooldude101 · **on:** Jun 29, 2018

Following the September 11, 2001, terrorist attacks, the managers of many hotels expected a prolonged period of reduced travel and responded by laying off workers and postponing or canceling new construction.

Isadore Sharp, the chairman and CEO of Four Seasons Hotels, decided to
A) curtail expansion plans, and by significantly cutting back on expansion was able to maintain the company's market share.
B) continue expanding and the company ended up losing significant market share.
C) curtail expansion plans and the company ended up losing significant market share.
D) continue expanding and was able to maintain or enhance the company's market share.

Question 2

From the highest percentage to the lowest percentage, the percentage of revenues earned by businesses in the United States is represented by which of the following?

A) corporations, partnerships, sole proprietorships B) partnerships, corporations, sole proprietorships
C) sole proprietorships, partnerships, corporations D) corporations, sole proprietorships, partnerships