Final Exam : Part 2 Short Answers

What are the primary benefits of having a business plan for a new hospitality venture? Support your answer with suitable examples (10 Marks)

Describe two key components of the market analysis section of a business plan. Support your answers with suitable examples (10 Marks)

How does effective risk management contribute to guest satisfaction in hotels? Support your answer with a suitable example. (10 Marks)

What role does technology play in enhancing operational efficiency in hospitality? List the emerging technology in the hospitality industry. Support your answer with suitable examples (10 marks)