

Risk Management in Resort Industries
Flashcard
•
Business
•
KG
•
Practice Problem
•
Hard
Harie Izam
FREE Resource
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19 questions
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1.
FLASHCARD QUESTION
Front
What is the crucial role of risk management in resort management?
Back
It is essential for protecting guests from harm and ensuring the sustainability and competitiveness of tourism organizations.
2.
FLASHCARD QUESTION
Front
What does 'duty of care' refer to in resort management?
Back
The obligation of management to protect guests from harm to the best of their ability.
3.
FLASHCARD QUESTION
Front
What are the general risks associated with resort management?
Back
No event or business decision is risk-free; a risk management framework is needed to address statistical probabilities and consequences.
4.
FLASHCARD QUESTION
Front
What framework did Tarlow (2006) suggest for risk management?
Back
A framework that considers the probability of an event and its likely consequences.
5.
FLASHCARD QUESTION
Front
What are the consequences of food poisoning in a resort context?
Back
It indicates a failure of duty of care, can ruin guest visits, and may lead to temporary bad publicity and financial compensation.
6.
FLASHCARD QUESTION
Front
How are accidents categorized in resort management?
Back
As personal injuries, with a high probability of occurrence in adventure tourism or dangerous locations.
7.
FLASHCARD QUESTION
Front
What is the expected responsibility of resorts regarding risky activities?
Back
Resorts must minimize risk by preparing the site, instructing guests, and providing warnings.
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