Determine whether the following statements are TRUE or FALSE statement): 1. Managed Services can only be provided by professional companies. ( 2. International tourism is the world's largest export earner and an important factor in the balance of payments of most nations. ( 3. A cruise ship is often referred to as a floating resort. ( 4. Tourism has become one of the world's most important sources of employment. ( 5. The word recreation implies the use of time in a manner designed for therapeutic refreshment of one's body or mind. ( 6. The Largest income outside the cruise fare comes from entertainment services. ( 7. Children are the typical cruise passengers ( ) 8. Cruising has experienced steady growth over the past 10 years. ( 9. The key management functions are planning, organizing, decision-making, communicating, motivating, and controlling. ( 10. The manager's role is only internal, he's not responsible for external matters.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter5: Supply, Demand, And Price: Applications
Section: Chapter Questions
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Determine whether the following statements are TRUE or FALSE
statement):
1. Managed Services can only be provided by professional companies. ( )
2. International tourism is the world's largest export earner and an important factor in the
balance of payments of most nations. (
3. A cruise ship is often referred to as a floating resort. (
4. Tourism has become one of the world's most important sources of employment. (
5. The word recreation implies the use of time in a manner designed for therapeutic refreshment
of one's body or mind. (
6. The Largest income outside the cruise fare comes from entertainment services. (
7. Children are the typical cruise passengers (
8. Cruising has experienced steady growth over the past 10 years. (
9. The key management functions are planning, organizing, decision-making, communicating,
motivating, and controlling. (
10. The manager's role is only internal, he's not responsible for external matters.
Transcribed Image Text:Determine whether the following statements are TRUE or FALSE statement): 1. Managed Services can only be provided by professional companies. ( ) 2. International tourism is the world's largest export earner and an important factor in the balance of payments of most nations. ( 3. A cruise ship is often referred to as a floating resort. ( 4. Tourism has become one of the world's most important sources of employment. ( 5. The word recreation implies the use of time in a manner designed for therapeutic refreshment of one's body or mind. ( 6. The Largest income outside the cruise fare comes from entertainment services. ( 7. Children are the typical cruise passengers ( 8. Cruising has experienced steady growth over the past 10 years. ( 9. The key management functions are planning, organizing, decision-making, communicating, motivating, and controlling. ( 10. The manager's role is only internal, he's not responsible for external matters.
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