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Posted: June 25th, 2021
Quiz 3 reaort
Question description
1. Resorts have survived and prospered by changing with the
times and (Points : 1)
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adopting new consumer tastes into their product and marketing mix
attracting new investors with new funds for development
using new advertising media as it becomes available
updating their facilities
Question 2. 2. Three common
financial assessment difficulties facing resorts are the uniqueness of resort
characteristics, the dynamics of demand and cost of uncertainty, and the
locational and institutional influences on
uncertainty.
(Points : 1)
True
False
Question 4. 4. The three
types of planning tools are (Points : 1)
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process, functional, and normative
process, normative, and analytical
analytical, functional, and corporate
analytical, normative, and corporate
Question 6. 6. The
stakeholders involved in the planning process of resorts (Points : 1)
are the developers and owners
can include people such as the developers and owners, members of the local
community, and the government
includes members of the local community and the developers
are the owners
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Question 9. 9. Place
marketing raises the need to foster greater collaboration between the various
stakeholder groups. (Points : 1)
True
False
Question 10. 10. The
first phase in the resort development process is conceptualization,
planning, and initiation. This is when (Points : 1)
the resort developers approach the bank for funding
when the project flowchart is created
names for the resort are discussed and selected
the developers break ground on the construction of the resort
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