Explain the main differences between optimal prices and AP price. Next, compare and contrast the bill-paying procedures
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Question:
Explain the main differences between optimal prices and AP price. Next, compare and contrast the bill-paying procedures that can be employed by hospitality operators. You will also need to discuss which bill-paying procedure you believe is most important. Justify your response.
Describe how the supplier selection criteria can help a small independent hotel find products that help control costs and offer different selections. Provide specific examples to support your response.
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