Question

A hospitality company has to make a large amount of investment to prepare its facility and furniture to accommodate customers. Which of the following characteristics is most relevant to this? Group of answer choices 1. Seasonality 2. Short Duration Chain and Time Span 3. Labor Intensiveness 4. Capital Intensiveness

Answer 1

4. Capital Intensiveness

For a hospitality company an investment on its facilities and furniture to accommodate customers is a capital intensive technique because for hospitality company ,the main thing to provide to the customers is comfort, guestship and their entertainment. And the comfort and guestship will enhance after the improvisation in the facilities which are given to the guests and same for the furniture, furniture will give them comfort. So this will create a capital for the company.