When It Comes to Competitive Positioning, Most Hospitality Companies Today

question 3

Multiple Choice

When it comes to competitive positioning, most hospitality companies today focus too closely on competition and not enough ________on competition.

• A) Immediate adjacent; emerging and global
• B) Covert; intense
• C) Intense; covert
• D) Emerging and global; immediate adjacent

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Definitions:

Equity Capital

Equity capital is the amount of money that is invested into a company by its owners in exchange for shares of ownership.

Competitive Dynamics

The ongoing actions and responses between companies competing within the same market or industry.

Future Free Cash Flows

Projected amounts of cash that a company will generate after accounting for capital expenditures, which are available for distribution to stakeholders.

Business Strategy

A plan or series of decisions that aim to achieve specific business objectives and secure a competitive position in the market.