Consider the following actions of a hotel chain trying to manage the costs of its check-in process. Required: Match each of the process improvements listed with how it delivers cost reductions. Process Improvement Delivers Cost Reduction 1. Guests may now check in online rather than in person. Guest information is added to forms based on computerized 2. reservation rather than waiting until guest checks in. 3. The hotel closes for two months in the "low" season. Improving the efficiency of the activity. Reducing the frequency of activity and improving the efficiency of the activity. Reducing the frequency of activity.
Consider the following actions of a hotel chain trying to manage the costs of its check-in process. Required: Match each of the process improvements listed with how it delivers cost reductions. Process Improvement Delivers Cost Reduction 1. Guests may now check in online rather than in person. Guest information is added to forms based on computerized 2. reservation rather than waiting until guest checks in. 3. The hotel closes for two months in the "low" season. Improving the efficiency of the activity. Reducing the frequency of activity and improving the efficiency of the activity. Reducing the frequency of activity.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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