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How can the tourism industry reduce & eliminate probable risks in Covid 19 situation?

Opening Case More information has been released on the case related to the Great Eastern Hotel we saw in Chapter 1. The turbulence in the economic environment has resulted in policy changes such that banks, financial services firms, and automobile firms-which all form an integral part of the hotel's target markets-have cut travel-related expenses for executives. No longer can executives of these firms travel first class on their business visits; they must now use only economy class travel. Moreover, they are now required to cut hotel stay-related expenses, so they have to stay in three- and four-star hotels and not pay more than USD 200 per night. These restrictions have had a major impact on hotels like Great Eastern, which Debbie and her executives must resolve. The U.S. government is bailing out banks and financial institutions, and since Great Eastern has a major influx of business travelers from U.S. firms, it is important that Debbie and her team consider the impact of government…

A small parts manufacturer has just engineered a new product for the automotive industry. In order to produce the part the company can expand existing facilities, acquire a competitor, or subcontract production. The company believes the product will either experience high market demand or low market demand. The following payoff table describes the company's decision situation. Decision Expand Facilities Acquire Competitor Subcontract Production States of Nature acquire competitor expand facilities subcontract production select high demand High Demand $2,000,000 750,000 250,000 Low Demand -1,250,000 -500,000 25,000 The best decision for the manufacturer using the minimax regret decision criterion is to

Situation 1 You want to start an online clothing store and need information about the size of the market for the marketing section of your business plan. From an online search, you found that Americans spent $18.3 billion online for apparel, accessories, and footwear last year and that the forecast for their spending on these items in the coming year is $22.1 billion. You have also researched publicly traded apparel companies, like GAP, to discover trends in online sales for these firms. Situation 2 You recently visited with a friend who knew you had taken a small business course when you attended college. During your visit, she made the comment, “I plan to open a business this summer. I won't be applying for a bank loan to fund this company, so I don't have a business plan. Do I need one?” Situation 3 John Martin and John Rose decided to start a new business to manufacture noncarbonated soft drinks. They believed that their location, close to high-quality water, would give them a…

Review the following hypothetical scenario and answer the following question: After a number of years operating solely as a cable company, we are considering expanding our reach back into content and programming. As a result, we are considering an acquisition of Viacom, Inc. Viacom is a media company that focuses on television and film production and distribution, as well as owns a number of well-known television networks. Its properties include Paramount Pictures, MTV, Comedy Central, BET, Nickelodeon, Spike, and VH1. Please provide your input as to the viability of acquiring Viacom.

Once you have performed your feasibility analysis, it is important to determine that a new venture is feasible in regard to the industry and market in which it will compete. To do so, an entrepreneur must answer which of the following questions (select all that apply) Is the industry easily accessible, meaning is it a viable and practical market for a new venture to enter? Are there universally applicable products or services that can serve across industries, minimizing the need for industry-specific considerations? Are there industry positions with inherent negative attributes? Are there untapped or underserved markets within the industry that present opportunities for innovation?

During a MTO construction project the MTO Contract Services Administratorcalls to inform you, the Corridor Management Officer, that a direct conflict with autility has interfered with construction progress. As the Corridor Management Officer what course of action would you pursue andwhat direction would you offer?

Explain the economic impacts of increased airline safety.  Is it possible for airline travel to be too safe?  Why or why not?  Would you support the government increasing regulations to make flying more safe?  Describe the economic costs of this decision. (Remember, there are both direct and indirect economic costs that should be discussed)

Evaluate potential solutions Show thoughtful and complete consideration of each proposed solution’s pros and cons.

What is educational about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace?  What is interesting about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace? What is insightful about the article Wall Street Journal The Secret Oil-Trading Ring That Funds Russia’s War by by Joe Wallace? Article Link: The Secret Oil-Trading Ring That Funds Russia’s War -

Please read the Case study XSU Spring Concert in Chapter 7, Pg. 237 (Image attached) and answer the following Questions,    You are a member of the X State University (XSU) student body entertainment committee. Your committee has agreed to sponsor a spring concert. The motive behind this concert is to offer a safe alternative to Hasta Weekend. Hasta Weekend is a spring event in which students from XSU rent houseboats and engage in heavy partying. Traditionally this occurs during the last weekend in May. Unfortunately, the partying has a long history of getting out of hand, sometimes leading to fatal accidents. After one such tragedy last spring, your committee wants to offer an alternative experience for those who are eager to celebrate the change in weather and the pending end of the school year.You have just finished a preliminary scope statement for the project (attached). You are now brainstorming potential risks associated with the project.1. Identify potential risks associated…

Answer question a, b and c.

Identify four major business risks of Myer Holdings Limited and provide a detailed explanation of why each factor is identified as a risk to the business. https://investor.myer.com.au/FormBuilder/_Resource/_module/dGngnzELxUikQxL5gb1cgA/file/Myer_Annual_Report_2020.pdf

1a. Please explain the following terms with examples. Pareto optimality Third-degree price discrimination Principal-agent problem

You and your friends are considering creating an electronic database that would contain all the information available to troubleshoot and repair every make and model of car from 2006 forward. The database would include do-it-yourself repair information, exploded schematics of automobile engines, wiring diagrams, recall information, and technical service bulletins, among other data. Subscribers would be able to enter the year, make, and model of a car along with a description of the problem and get all the information needed to work on that specific car. Most of the data would be scanned in from existing sources. Special software would be written to convert the user's problem description into a description recognized by the system's search engine, which would then generate queries to retrieve and present the most pertinent information to solve the problem. What intellectual property issues might you and your friends encounter in digitizing all these existing information? How might you…

You are the owner of ABC Project Management Inc. Your company has won the bid to execute a multi-million project to implement a new customer relationship management system at Grace Kennedy Company Limited (Grace). Grace has an inadequate customer knowledge database for its group of companies. There is often duplicated and inaccurate customer profile information as a result, it has experienced lost revenue potential and a slight reduction in organizational productivity. Therefore, the implementation of a centralized customer relationship management (CRM) software will help Grace with its issues. If the CRM software project is implemented it will help to keep and maintain customer data, report about project situations, and adapt the input data to develop the business in alignment with Grace’s strategic goals.  As the project Manager outline the steps you would take to implement this project

You are the owner of ABC Project Management Inc. Your company has won the bid to execute a multi-million project to implement a new customer relationship management system at Grace Kennedy Company Limited (Grace). Grace has an inadequate customer knowledge database for its group of companies. There is often duplicated and inaccurate customer profile information as a result, it has experienced lost revenue potential and a slight reduction in organizational productivity. Therefore, the implementation of a centralized customer relationship management (CRM) software will help Grace with its issues. If the CRM software project is implemented it will help to keep and maintain customer data, report about project situations, and adapt the input data to develop the business in alignment with Grace’s strategic goals. As the project Manager: 1. Outline the steps you would take to implement this project? 2. Do you think Project Management is essential in todays society? Why?

As an employee of a leading commercial bank in South Africa, you have been requested by your direct line manager to explain the meaning of the “remote environment” within which the bank operates to a group of interns. In addition, your manager wants you to explain the various sub environments within the remote environment. In view of the above, you are requested to: Briefly explain the concept “remote environment”.

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Manage Your Health, Inc. (MYH) is a Fortune 500 company that provides a variety of healthcare services across the globe. MYH has more than 20,000 full-time employees and more than 5,000 part-time employees. MYH recently updated its strategic plan; key goals include reducing internal costs, increasing cross-selling of products, and exploiting new Web-based technologies to help employees, customers, and suppliers work together to improve the development and delivery of healthcare products and services. Below are some ideas the IT department has developed for supporting these strategic goals: 1. Recreation and Wellness Intranet Project: Provide an application on the current intranet to help employees improve their health. A recent study found that MYH, Inc. pays 20 percent more than the industry average for employee healthcare premiums, primarily due to the poor health of its employees. You believe that this application will help improve employee health within one year of its rollout so…

Mr. Santosh Kshirsagar- Dragon Karate Sports Santosh Kshirsagar, age 20 is not waiting to complete his graduation, to apply the theories he has  learned in his classes to the real world. In the summer of the year 2016 the soon-to-be third year MGMT2224: Introduction to Entrepreneurship – Course Information. Academic Year 2022/2023, Summer THE UNIVERSITY OF THE WEST INDIES OPEN CAMPUS Page 15 of 30 BCA student at BVDUIMK launched his own karate academy! Life has many ups and downs; many struggles and one need to stand strong to reach success.  Santosh as a child never knew what father’s love was; his father never paid any attention towards  the family, always drunk and created fights when in his senses. Santosh’s brother Amit was 10 years older than him; his mother struggled hard by stitching clothes to raise her kids and make  ends meet. Amit from a very tender age of 13 did part-time jobs to help his mom in earning.  Santosh was 4 years old when he lost his father. The family’s…

www.google classroom.co X A Classes Review Exercise No. 2A (Pr X Review Practice Set 2A.pd X b My Questions | bartleby https://classroom.google.com/u/1/c/NDY3MTczOTcxNzY1/a/NDY4MjcxMDk3MzM2/details economical than move to Cebu, Iloilo, or Davao. It will cost P1,000 to relocate Marvin to Makati, Assigned P800 to relocate Marlon there, and P1,500 to move Kevin. What is the optimal assignment of personnel to offices? dd or create Cebu Iloilo Davao Marvin P800 P1,100 P1,200 k as done Marlon P500 P1,600 P1,300 Kevin P500 P1,000 P2,300 16. To complete the wing assembly for an experimental aircraft, Rhea V. has laid out the major steps and 7 activities involved. These activities have been labeled A through G in the following table, nments which also shows their estimated completion times (in weeks) and immediate predecessors. ht to Francis Adrian Determine the expected time to finish the project and its critical path. Polido Activity Optimistic Probable Pessimistic Predecessor/s A 1 2 3 4 4…

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The board of directors of Megacorp Berhad, a public listed company comprises of executive directors as well as independent and non-executive directors. The Chief Executive Officer (CEO) is also the chairperson of the board of directors. A study shows that the lack of separation of the CEO and the chairmanship of the board of directors has led to the board being aligned to the management rather than the shareholders despite the presence of the independent non-executive directors. In addition, the study also shows that companies which have CEO duality are likely to have lower shareholder returns. The independent non-executive directors of the company subscribe to the view that directors have a legally mandated fiduciary duty to their shareholders to maximize the profit of the company. Thus, to them, ethical standards are less important than legal standards in the pursuit of making profit.   (a)  Describe the specific contributions that independent non-executive directors could make to…

Description of the Lessen: ing in Lodging industry is one of the most important sector of hospitality industry that generates job and contribute to the totality of the Tourism Industry. This lesson will provide you a better understanding about how lodging industry began and continues to flourish until today. Objectives At the end of the lesson, you are expected to: a define the meaning of Lodging, b. discuss the evolution of lodging industry, and c identify different type of ownership 2021 mLCOLLECE Day 1 Pre-assessment (Hhat I know) Hello there my dear student! How are you doing today? 1 hope you're just doing fine. Since it's our first day for this lesson, I would like to conduct this pre-assessment activity. Let's see how well you recognize the different hotel logo in the Philippines. Are you ready? Direction: Identify and name the following Hotel based on the logo picture below. Write your answer on the given answer sheet. 6. B 1. 7. 2. 8. 3. Page 1|9 BSTM 3_ ACCOMMODATION…