Chapter 11 – Revenue Management Discussion Question 1: Revenue management focuses on maximizing revenue by understanding market demand and optimizing price, rate, and inventory. ➤ How can sport, tourism, or hospitality managers apply these concepts ethically while maintaining service quality and fairness for all customers? ...
Chapter 10 – Pricing Discussion Question 1: Brayley & McLean (2019) explain several purposes of pricing, such as cost recovery, value creation, behavior influence, and equity promotion. ➤ Which of these purposes do you think is most important in public or nonprofit leisure services, and why? ...
Based on the book and your personal and career experiences in the Hospitality Industry, write a synthesis of key learning points while answering the following questions: Is execution about tactics or is it a system and a discipline? Please support your argument. In your opinion, does Bossidy...
Use your “Credibility & Validity” instructions and evaluation chart information, and write an ACES analysis which discusses what makes Brandon Swenson’s article “Technology: The Good, The Bad, The Ugly” credible and valid. Remember to introduce the author and title, answer your prompt’s question using...
Week 6 Assignment: Class Design Purpose The purpose of this assignment is to continue our design modeling for the ITOT Case Study by creating detailed class designs for both ShoppingCart and ShoppingCartItem classes. Course Objective (s) CO6: Describe the software development process including the implementation of models and object...
Imagine you are an HR manager for a small, community-based non-profit focused on providing essential services to low-income families. The organization has experienced rapid growth in the past few years to meet increased community needs. However, this quick expansion has led to increased workloads and...
Lewis Securities Inc. has decided to acquire a new market data and quotation system for its Richmond home office. The system receives current market prices and other information from several online data services and then either displays the information on a screen or stores it...
If you were the CFO of a multinational company, what steps could you take to minimize international risk? Describe how cash flows are used to minimize political risk....
Describe the importance of international capital structure. What risks can you identify when working with cash, credit, and inventory management? Discuss what risks apply when discussing strategies for financing a foreign operation? Provide your rationale and any supporting data....
Compare two types of leases, and describe the advantages and disadvantages of each. Which type of lease would produce the lowest risk?...