The first step in conducting factor analysis is ________
A) construct the correlation matrix
B) determine the method of factor analysis
C) formulate the problem
D) determine the number of factors
C
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If there is a concern that a proposed environmental initiative might result in negative customer reaction, a hotel general manger should:
a. reconfigure the initiative so that is looks different from the original, even though it is essentially the same plan b. rewrite those parts of the initiative perceived as unacceptable to municipal regulators c. involve staff, customers, and the local community in test marketing the initiative d. move forward with the program on the authority of the hotels board-approved environmental awareness
Which of the following best describes how a deed of trust works?
A) The borrower gives a deed to the lender to hold until the borrower satisfies the debt. B) When a party borrows money to purchase property, the seller holds the deed until the debt is paid off, at which point it will be conveyed to the borrower. C) The state gives a deed to the lender to hold until the borrower satisfies the debt. D) The borrower conveys a deed to a third party who holds legal title until the debt is paid off or the borrower defaults. E) When a trust is the owner of real property, a special type of deed is required.