if you are interested in a career in the hospitality industry, it is important that you enjoy the following:
- working with people
- an upbeat work environment
- traveling
- opportunity for growth and career advancement.
<h3>What are pros and cons of working in hospitality industry?</h3>
Pros -
- Opportunities for Many Benefits, Not a 9-to-5 Job, Diverse Jobs that Travel
- It is dynamic, ever-evolving, and collaborative.
Cons -
- a worldwide industry-wide five-day workweek. Employee happiness leads directly to better service, which will surely have long-term benefits.
- Weekend work is compensated in addition to the regular weekend off.
- using technology more effectively to forecast the requirement for personnel during peak season
- Depending on its practicality, automation at the front desk and in restaurants during peak hours
To learn more about hospitality from given link
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Answer:
b. She should develop herself as the EMV of developing is $1.125 million, which is higher than the EMV of selling.
Explanation:
The probability of discovered oil = 0.25 (25%)
Selling the exploration right= Selling Price + Probability of discovered oil × Royalty% × Future Profit
= $200,000 + 0.25 × 0.25 × $7,500,000 = $668,750
Developing = Probability of finding the oil × Future Profits - Cost of Well
= 0.25 × $7,500,000 - $750,000 = $1,125,000
= $1.125 million
Therefore the EMV for selling the exploration rights is less than the developing, the landowner will develop the site by his own.
Answer:
A. ($16,000)
Explanation:
The computation of the expected value of return equal to
= (Higher return × probability rate) - (Less return - probability rate)
= ($20,000 × 70%) - ($100,000 × 30%)
= $14,000 - $30,000
= - $16,000
For computing the correct value we have to deduct the tighter money conditions from the normal conditions.
Strategic planning is the process of defining the company's strategy and making decisions about how to use resources to accomplish that strategy.
Answer:
a. Partnership
Explanation:
Brazil is a market that can be tricky if exporting is used. Botanico is struggling at 2nd position with only 20% share but are efficient in manufacturing and distribution which can be utilized by Heartland. Heartland is known as trend setter which is something Botanica lacks currently to woo the young women and girls into buying their products A partnership would simply result that competitive edges of both the parties can be employed together to win over the market.
