The defining characteristic described in the scenario is perishability. In the hospitality and tourism industry, products such as hotel rooms, airline seats, and restaurant tables can expire if not sold on a given day, leading to a loss of potential profit.
In the hospitality and tourism industry, if a “product” isn’t sold that day, the profit from that product on that day is lost. What defining characteristic is this an example of?
(1 point)
Responses
perishability
perishability
consistency
consistency
inconsistency
inconsistency
regulation
1 answer
1 answer