ASSIGNMENT…… Critically examine the need for tourism policy and planning. Provide examples from tourist destinations to illustrate your points. …………………………………………… …………………………………………………………………………… …………………………………………………………………………… Critically examine the need for tourism policy and planning. Provide examples from tourist destinations to illustrate your points. (2024 words) The tourism sector has become in the last century one of the most prolific industries in the whole
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. INTRODUCTION Corporate strategic decisions are usually based on the methods through which an organization could leverage its existing competitive advantage in promoting value and ensuring growth (Lynch‚ 2009)‚ while sustainable competitive advantage depends largely on how well a company performs these actions (Porter‚ 2008). The need for companies to grow and expand has been known to drive product and marketing innovation‚ which in turn prompts them into adopting different organisational strategies
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such as cottage industry‚ village industry‚ farmers‚ craft men‚ etc. The second dose of nationalisation came in April 1980 when banks were nationalized. Objectives Behind Nationalisation of Banks in India The nationalisation of commercial banks took place with an aim to achieve following major objectives. 1. Social Welfare : It was the need of the hour to direct the funds for the needy and required sectors of the indian economy. Sector such as agriculture‚ small and village industries were in need
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Strategic Alliance between Nokia and Microsoft Business Administration knowledge assists the implementation of the strategic alliance between Nokia and Microsoft from several aspects. To begin with‚ decisions about leadership are one of the most disturbing problems in the strategic alliance; interim leaders are appropriate solutions to the issue (Werther‚ 1998). Interim leaders are those haired from a third party‚ not belonging to the alliance partners. Compared to selecting a leader from one
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forthcoming project. The second phase is strategic plan formulation‚ where the company analyzes its internal and external environment‚ develops its vision and mission statements‚ and formulates corporate goals and objectives. Its findings are then summarized in the corporate strategic plan‚ while the implementation plan outlines ways of realizing the future global strategy. The next phase is the strategic planning and implementation‚ where the company translates the strategic plan into departmental plans‚ designs
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Strategic Decision Making Decision making is the most important function of any manager. Strategic decision making is the prominent task of the senior management. Both kinds of decision making are essentially the same. The difference lies in the levels at which they operate. While decision- making pertains to all managerial functions‚ strategic decision making largely relates to the responsibilities if the senior management. Conventional Decision - Making Most people agree that decision
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Strategic Management and Leadership Level 7 Strategic Management and Leadership Contents Page Qualification structures 3 Unit 7001 Personal development as a strategic manager 4 Unit 7002 Strategic performance management 5 Unit 7003 Financial management 6 Unit 7004 Strategic information management 7 Unit 7005 Conducting a strategic management project 8 Unit 7006 Organisational direction 9 Unit 7007 Financial planning 10
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between Strategic Management and Leadership The strategic management process helps institutions identify what they intend to achieve and how they will accomplish outcomes. The term strategic management is used to refer to the entire decision-making process. Strategic management must evolve by predicting the future (more effective planning)‚ thinking strategically (increased responses‚ evaluation of strategic alternatives and dynamic allocation of resources) and creating the future (strategic planning
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needs secures a legitimate basis for procreation. However‚ premarital sex has become more commonly accepted in some societies during the last few decades. Moreover‚ the family is an economic unit where the adult members make informed and rational decisions that maximize the well-being of the family. In our modern society‚ we also have other institutions – banks‚ insurance companies - to assist the family in that function. The family gives identity and social status to an individual. A person acquires
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Ⅰ. Company Introduction History Dunkin’ Donuts is a donut and coffee shop that William Rosenberg founded in Massachusetts‚ USA in 1950. The company began by selling coffee and donut from a small car on the way to work in the United States in 1946 to Quincy workers. ‘Dunkin’ means ‘dunk’ and it was created as a result of feeling of delicious coffee &donut taste after Mae Murray who is one of American actress tried dunking donut into coffee by the chance. In 2008‚ Dunkin’ Donuts opened
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