Explain the purpose and relevance of a business plan, Business Management

Assignment Help:

Question 1:

(a) Explain the purpose and relevance of a business plan within the hospitality sector.

(b) Discuss the importance and role of market research within business planning for the hospitality industry

(c) Identify and explain what purpose a business plan can serve for a hospitality related organization.

(d) Illustrate the prime characteristic that a business plan should have.

Question 2:

There is the creation of an advanced Emirates Waterpark on an unused area of South Padre Island in the Emirates. The project includes the design, supervision and commissioning of a Waterpark, with the contract commencing in early 2009 and completion for 2010. The total project had a value of US$20 million. The park has a large catchment area of customers including local residents and seasonal visitors. The Waterpark incorporates the latest available ride innovations in the industry, with uphill water coasters, surfing machines, ride conveyors as well as the more usual attractions.

(a) In relation to the above case discuss what five characteristics should be taken into consideration whenever implementing such a leisure attraction and its facilities.

(b) Referring to the case study, explain how any five component of extended hospitality concept mix can be applied to enhance marketability of the leisure attraction. Provide justifications for your answers.

Question 3:

(a) Define the term:
i. Culture
ii. "organizational culture'

(b) Identify and briefly explain the main eight factors that make up the cultural environment of any given hospitality service provider.

(c) Describe the following :

i. Any five forces that lead to change within the hospitality sector.
ii. Any five factors that lead to individual resistance to change within hospitality


Related Discussions:- Explain the purpose and relevance of a business plan

“’Confessions of a Microfinance Heretic’: Talks at G, dear team i need to m...

dear team i need to make a case analysis of 1500 woeds on the following topic, video is also provided with the instructions from university. please contact me asap.

CASE STUDY, It goes by many terms - information overload, analysis paralysi...

It goes by many terms - information overload, analysis paralysis, data dumping, and so on. You know what we''re talking about. It is indeed greater to live in the information age w

What do you understand by the concept intercultural myths, QUESTION 1 (...

QUESTION 1 (a) What are the three main types of communication processes that have emerged from research and study in the field of human communication? (b) What are the key c

Business level strategy in firm, 1. Discuss the concept of strategy and di...

1. Discuss the concept of strategy and discuss differences between corporate level strategy and business level strategy in firm? 2. "Good corporate governance in firm leads t

Managing Customer Relationships, Hello, Please I need help asap. I have $40...

Hello, Please I need help asap. I have $40 for 4 pages assignment. it is just to answer 4 questions and it is due tomorrow midnight. Please let me know asap. Tianna Thank you

Define business process modeling, Question 1: (a) Define Business Proc...

Question 1: (a) Define Business Process modeling and its usefulness in Business Process Management. (b) A checklist provides a high-level overview of aspects that should b

Practices of management.., HOW WILL YOU INFLUENCE PEOPLE TO STRIVE WILLINGL...

HOW WILL YOU INFLUENCE PEOPLE TO STRIVE WILLINGLY FOR GROUP OBJECTIVES IN YOUR ORGANISATION (TARGET BASED INDUSTRY ) APPLY YOUR INTERPERSONAL INFLUENCE THROUGH COMMUNICATION PROCES

International Business, select a product and a country that you want to exp...

select a product and a country that you want to export, trade manufacture or doing business. write your proposal to fulfill all the requirement

Explain updating and improving current product line, Explain about the cont...

Explain about the continually updating and improving the current product line. Creating a Constant Flow of New Products or Continually Updating & Improving the Current Product

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd