Define the term


1. Any personal perspective on whether or not you believe it is reasonable when companies offer an HDHP/HSA without also offering other medical plan options (e.g., PPO, HMO, etc.).

2. Referring to the four criteria for sustainable competitive advantage, was it possible to have a sustainable competitive advantage in any of the five market segments in the Capstone® simulation? Please explain.

3. Define the term “Culture”

Please, state the importance to hoteliers of understanding cultures different from their own.

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Operation Management: Define the term
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