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QUESTION 1
In devising strategic management programs for the tourism & hospitality industry, should decision makers necessarily consider the traditional sequence of environmental scanning, strategy formulation, implementation, evaluation and control? Elaborate your answer with relevant examples
QUESTION 2
When is a strategic plan an effective tool in a business enterprise?
QUESTION 3
What are functional strategies and how important are they in helping an organisation to achieve its common goals?
QUESTION 4
How can a strong corporate culture be an asset for the practice of corporate governance?
QUESTION 5
The success of an enterprise depends on its pre-emptive and pro-active approach. How true is this for devising strategic plans for the tourism and/or hospitality industry?
Our mission is to responsibly provide quality products and services through innovation, learning and operational excellence while sustaining maximum value for our stakeholders
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Traditional View of Business Responsibility
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Suppose a market survey indicates that Anthony's proposed business is likely to generate only $190,000 in sales, and the industry has an 8.9% profit margin. What net profit should Anthony expect to earn?
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