# 1
What is the primary focus of a cost leadership strategy in the tourism and hospitality industry?
Differentiating services to stand out
Reducing operational costs to increase profits
Focusing on niche markets
Improving customer relationships
CvSU_QSM: Midterm BSTM4B #3
Sir Dan
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CvSU_QSM: Midterm BSTM4B #3
95
CvSU_QSM: Midterm BSTM4B #3
95
10 na tanong
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Pampublikong quiz
# 2
Which strategic planning element involves setting long-term goals and objectives?
Resource allocation
Differentiation strategy
Cost leadership strategy
Identifying strategic objectives
# 3
What does the focus strategy emphasize in the tourism and hospitality industry?
Offering the lowest prices
Targeting niche markets with specialized services
Providing the highest quality services
Expanding to international markets
# 4
In the hospitality planning cycle, what is the purpose of an environmental assessment?
To determine internal strengths and weaknesses
To define the company's vision and mission
To evaluate the organization's market position and competitors
To allocate resources for upcoming projects
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