3RD PERIODIC EXAM - THC 10

It is the professional application of knowledge, skills and competencies and/or of monetizing a tourism related new idea, by an individual or a set of people by launching an enterprise de novo or diversifying from an existing one.

• Entrepreneurship

• Tourism Enterprise

• Tourism Entrepreneurship

• Working in a Restaurant

It refers to the different forms of tourist related business ventures permitted within the National Constitution.

• Entrepreneurship

• Tourism Enterprise

• Tourism Entrepreneurship

• Working in a Restaurant

It is a person or a group of persons producing and managing tourism products

• Entrepreneurship

• Tourism Enterprise

• Tourism Entrepreneurship

• Tourism Entrepreneur

These objectives mainly deal with spreading the business and turning into a high-profile company. These objectives are plans of five or ten years.

• Short Term

• Long Term

It is the main element which boosts the business. Also, it is the backbone of any business.

• Agenda of the company.

• Objective of the business.

• Appropriate targeted marketing techniques.

• Market reconnaissance and feasibility.

These restaurants generally offer limited range of choices.

• Upscale Restaurant

• Seafood

• Steakhouses

• Family Style Restaurant

It is the most ethnically diverse generation yet and is more than three times the size of generation X

• Generation Y

• Generation X

• Baby Boomer

• Empty Nesters

It is also known as fast-food restaurants.

• Quick Service Restaurants

• Midscale Restaurants

• Pizzeria

• Coffee House

Their menus typically include Americanized versions of ethnic dishes, as well as more authentic food.

• Ethnic Restaurant

• Seafood

• Steakhouses

• Family Style Restaurant

Prominent in these restaurants and spend money freely. Born between 1946 and 1964.

• Generation Y

• Generation X

• Baby Boomer

• Empty Nesters