Question 1
What do you understand by the following Terms? Please be specific and clear.
(20)
1.1 Brand Image (4)
1.2 Culture (2)
1.3 Product Differentiation (2)
1.4 Lobby (2)
1.5 Internal Variants (2)
1.6 Facade (2)
1.7 Entrepreneurship (4)
1.8 Assets (2)
1.9 NPV (2)
Question 2
There are various forces that have an impact on entrepreneurship. Describe the forces that have an
impact on entrepreneurship, in particular Hospitality & Tourism Establishments.
(8)
Question 3
The majority of all organizations have organizational diagrams/charts outlining the scope of authority,
responsibility etc. Illustrate the organizational chart for a design and building Contractor.
(8)
Question 4
Discuss briefly the costs, time and quality equation.
(6 x2 =12 )
Question 5
Before anybody can develop a small hospitality business it is vital to ensure that certain conditions
prevail. Critically evaluate the conditions necessary for the development of a small hospitality
property/business.
( 8x2=16 )