Reference no: EM133189418
SITXMGT002 - Establish and conduct business relationships
Question 1 List and describe 4 interrelationships that are important within a hospitality environment.
Question 2 Describe 8 different sources of supply (including an example of what each source supplies) that are used within the hospitality industry
Question 3 Describe 3 distribution / marketing networks that are utilised within the hospitality industry
Question 4 Describe 3 professional networks, along with what they offer that are utilised within the hospitality industry
Question 5 Describe 4 effective communication techniques
Question 6 What is meant by the term - negotiation?
Question 7 When is a negotiation considered successful?
Question 8 List 2 important skills required to achieve successful negotiations
Question 9 List 5 different negotiation styles (referring to outcomes) as described by Thomas and Kilmann
Question 10 Describe the 4 stages of the negotiation process
Question 11 Outline 2 different strategies for creating a win/win situation from conflict
Question 12 For each negotiation tactic listed below, describe what the tactic is and a way you could best respond to it.
Trade-Off
Deadline
Future Promises
Threats
Exposing competitors information
Budget constraints
Question 13 Describe 6 essential elements of a contact
Question 14 List 6 things to be aware of when entering or negotiating a contract
Question 15 Where could you go to seek specialist advice when developing contracts to meet the needs of clients (list 2 sources)
Question 16 Describe each of the following components as they apply in contract law
Terms and obligations of contract (including express and implied)
Methods of contractual agreement
Exclusion clauses
Dispute resolution clause
Termination of contracts including discharge by:
• agreement
• breach
• frustration
Question 17 What is the Trade Practices Act?
Question 18 List and describe 6 different opportunities that exist for a hospitality organisation to maintain regular contact with their customers and suppliers
Question 19 Describe the following business structures.
Sole Trader
Partnership
Company
Question 20 List 3 advantages and disadvantages of being a sole trader
Advantages
Question 21 List 3 advantages and disadvantages of being in a partnership?
Advantages
Question 22 List 3 advantages and disadvantages of operating a company?
Advantages
Question 23 List 3 legal responsibilities for all business owners to follow when running a hospitality-based business
Question 24 Aside from the legal responsibilities listed in Q23, list 2 specific legal obligations or responsibilities that apply to managers and directors of the following business structures
• Sole Trader
• Partnership
• Company
Attachment:- Establish and conduct business relationships.rar