business owner

For a business owner or manager. One of the major challenges is to find out how many resources / factors to employ in order to be profitable . use hotel operation as an example to explain how to maximize profit

Hints:
1-Production and costs- what kind of costs involved in daily operation?

2-What is the difference between hotels and manufacturing industry , in regards to costs?

3-whar are the factors / resources to hire? At what quantity

4- as an economist how do you see overwork of your employees?

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