Expert answer:Dual mandate situations are management challenges
Answer & Explanation:Dual mandate situations are
management challenges of monumental proportions. (Points : 1)
True
False
Many industries are being impacted
by the aging population, i.e., Baby Boomers. The resort industry is no
different. Aging and retirement (Points : 1)
are major concerns for management to fill staffing requirements in the future
offer new opportunities for resorts and their guests
provide a special challenge for the resort industry
are minor concerns when compared to the reduction in personal income
The Internet has (Points : 1)
allowed resorts to get their sales message out to customers directly
enabled middlemen in the tourism industry to improve their offerings
not significantly impacted resort management
reduced the flexibility of pricing and revenue management
Social/cultural seasonality
factors include all of the following EXCEPT (Points : 1)
holiday pattern
tradition
hobbies
sunlight
Various professional tours have
(Points : 1)
a local focus when setting up their tours
provided an opportunity to obtain great exposure for the resort and its
facilities
led to a decline in the sports tourism segment of the industry
a licensing fee which prohibits local resorts from participating in their
marketing efforts
. State governments generally support national policies when
they match the state’s aspirations for development and resorts (Points : 1)
represent a threat to this mutual development
lobby to capitalize on this development
stand to gain nothing from these efforts
have been viewed as one path to regional development
Question 8. 8. One major
issue in the area of corporate governance that has particular relevance to
the resort sector is (Points : 1)
the growing separation between ownership and management control of the resort
and its businesses
an increasing lack of communication with shareholders
a tightening of funding from public banks
changes in the tax codes
Question 10. 10. A
strategy for dealing with seasonality issues is (Points : 1)
differential pricing
out-of-season attractions and activities
market diversification
all of the above
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