M6

Question 1

Give at least 3 Roles of Entrepreneurship in Hospitality and Tourism Industry based on the report

Answer 1

1. Innovation and Creativity
2. Job Creation and Economic Growth
3. Digital Transformation
4. Sustainable and Responsible Tourism
5. Enhancing Customer Experience

Question 2

What plays a vital role in shaping the hospitality industry?

Answer 2

Entrepreneurship

Question 3

It creates opportunities for new businesses by meeting tourist preferences, contributing to destination development.

Answer 3

Economic Diversification

Question 4

This is where tourism initiatives showcase local culture and heritage, like cultural tours, to help preserve and promote unique destination features, fostering cultural exchange and understanding.

Answer 4

Promotion of local culture and heritage

Question 5

One of the contribution of entrepreneurs by introducing new products, services, and technologies, improving efficiency and creating new markets.

Answer 5

Innovation

Question 6

Identify the organization that regulates and supervises Tourism Enterprise Zones (TEZs) in the Philippines.

Answer 6

The Tourism Infrastructure and Enterprise Zone Authority

Question 7

Identify the initiative that mentors micro, small, and medium enterprises (MSMEs) in the tourism sector to promote local culture and economic growth.

Answer 7

Go Negosyo Tourism Summit

Question 8

Challenges that have impacted in Hospitality and Tourism Industry over the last few years and now present a significant issue for related businesses.

Answer 8

Staff Shortages

Question 9

They boost economic growth by introducing innovative technologies, products, and services

Answer 9

Entrepreneurs

Question 10

It is transforming the hospitality and tourism industry, but keeping up with the latest trends can feel overwhelming.

Answer 10

Technology