30EE Assignment 1.3 on entrepreneurship
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Decisions on prices and costs year 03 and reflections
Check the file Decisions. During three years you have to take a number of decisions
- on prices (five decisions)
- on costs to be made (five other decisions)
Be sure it matches you strategy.
Explanations
The most important thing is to give arguments for all of our decision. Why did you chose them? Try to find benchmarks, make basic calculations, try to predict the outcome of your decisions.
Especially looking at the costs: these are going to be additional:
- exactly what are you going to spend the money on? and,
- what do you think it will bring your hotel? Be concrete, also calculate.
You now have the results from two years and some coach feedback. Use that in your decisions, explanations and calculations.
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