Assignment:
1. Do you think it is important for H&T (Hospitality and Tourism) companies to have such statements as vision, mission, goals, objectives and tactics? If yes, why? If no, why not?
2. Choose a hospitality organization and research this company’s vision, mission, goals, and objectives. Which aspects do you like in these statements and why?
3. Do the unique characteristics of H&T organizations impact strategic management practices in H&T organizations? If so, how?
4. How can Porter’s five forces model be used to analyze the task environment for hospitality organizations?
5. What are the potential challenges for hospitality organizations in analyzing the external environment?
6. What are the implications of a centralized organizational structure and decision making for a hospitality organization operating internationally?