This essay demonstrates that еourism cluster is defined as the entire geographical location, where tourism activities are conducted. It involves the coming together of organizations, that deal with a common set of activities. The clustering of companies considers the availability of resources…
Inter-organization relationship enables the stakeholder firms to enjoy the element of synergy and ensures stability and sustainability of the service industry. The competence of the resultant cluster goes up due to competitiveness and shared resources. This also adjusts the level of diversification in management through the combination of management skills from the partnering organization (Enz, 2009).
In partnership, the importance of stakeholders depends on their contributions towards the growth and management of the organization. This refers particularly to the share proportionality of ownership, where some partners hold more shares in the organization than others.
The high priority stakeholders are managed by awarding them proportionally according to their contributions. It means they receive the largest share of the return of the business. At the same time, they receive special privileges in the organization, such as powers to make critical decisions.
One of the most important activities associated with strategy implementation is designing a strategy-supportive organization. Contact a hospitality organization and request a copy of its organization chart. Keep in mind that not all organizations are comfortable providing this document, and you may have to contact several firms before one provides you with the document. Examine and identify the strictest of this organization. What are the strengths and weaknesses of this structural form? If you were to change the structure, what would you modify and why? If this firm grew to twice its current size, what changes in its current organizational form would you recommend? Why?
We managed to get the organization structure for Australia Fast Foods, of course after several attempts at different hospitality companies. Here we got to learn that the organization is headed by the managing director, assistant managing director, Heads of Department, senior managers and eventually the clerks at the lowest ranks. ...
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