Advantages and disadvantages of sole proprietorship


Answer the following questions.

Question1) What do you understand by Entrepreneurship?  As an entrepreneur how would you set up your tourism business?   

Question2) What is the importance of Public Relation in Marketing/Publicity? Also discuss the obstacles faced by PR in tourism industry.   

Question3) Define the term Human Resource Management and elaborate its importance for the tourism industry.     

Question4) Write short notes on the following:   

a) Profitability Analysis

b) Ego Status

c) Convention Customers   

Question5) Explain Balance Sheet and also describe its purposes.    

Question6) Describe the challenges faced by Airport Management Teams and also suggest required solutions to overcome them.   

Question7) Describe the significance of Information Technology and its effective role in marketing and promoting tourism.    

Question8) What do you understand by Sole Proprietorship form of business? Explain the advantages and disadvantages of Sole Proprietorship. 

Question9) How do you make Project Proposal and what are the major factors considered in making them?   

Question10) Explain Break Even Point and Break Even Chart and its impact over costing of firms.

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