Sunday 9 March 2014

What are the advantages of ensuring financial growth for a business?

What are the advantages of ensuring financial growth for a business? Do you see any added pressures or responsibilities that may come with a successful business? What benefit is most important to a growing business? Why would you choose that one benefit over the others?

Comment on the benefits your classmates chose and add any personal experiences you may have had or heard about.


With regard to financial growth, how important is it for a hotel to provide variety or offer unique services to its clientele? Identify some of the different concepts hotels have implemented to increase business. Can you think of an opportunity, either locally or nationally, in which a hotel can invest that would increase overall revenue? How would you determine if the cost of the project would be profitable in the long run?

Choose a classmate’s response to a question you did not answer and ask for additional details or clarification if you feel it is needed, or explain why you think their example may be ineffective.

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