Benchmarks for event management are more difficult than for hospitality because:
A) They are so diverse in type and thus difficult to compare
B) Incomes are impossible to establish
C) Payments are generally overdue
D) All restaurants have similar ratios, such as food cost and labour

Question

Quizplus · Accepted Answer

Event management benchmarks are more challenging due to the diversity of event types, making comparison difficult. Hospitality, on the other hand, often involves more standardized operations like restaurants, where common ratios can be applied.

Benchmarks for Event Management Are More Difficult Than for Hospitality