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ASSIGNMENT: CHAPTER 2
NAME: BEA B. GAPASINAO. DATE: FEB 17, 2023
SECTION: OLCA222NO74
DISCUSSION QUESTIONS:
The hospitality and tourism industry is a broad category of businesses that provide
services related to leisure, travel, and entertainment. This includes hotels,
restaurants, resorts, cruise lines, theme parks and other attractions.
There are four main characteristics of tourism, and these are intangibility,
perishability, inseparability, and variability that are in contrast to those of
physical products that are produced, stored, later sold, and stilled later
consumed.
6. How can we better apply strategic management theories in H&T organizations?
Strategic management involves the formulation and implementation of major goals and
initiatives taken by organization's senior management on behalf of stakeholders based on
consideration of resources and assessment of internal and external environments at
which the organization operates.
9. Why has the current level of strategy research in the H&T field been limited?
Every business needs to keep customers and clients happy, but in the
hospitality industry it’s so vitally important to keep guests engaged in order for
the business to grow and prosper. Good customer service is one of the keys to
success in any business, but is particularly important in the hotel industry,
where guests are looking to staff to help them make their stay as relaxing and
comfortable as possible.