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List five external factors which could contribute

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Crown Hotel has successfully operated for 7 years. During this period, overall turnover has doubled, and during the past 3 budget periods annual budgets have been increased by 15% each year which was exceeded each time. During the last 6 months however, management has noticed that the opposite trend seems to be occurring now.

Problem 1: List 5 external factors which could contribute to this and explain which methods you would use to determine this.

Reference no: EM132911222

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