MGT 305 Organization Mission Statements Management Questions
MGT 305 – Exam 3 Essay – Business and Fun in the Sun
Assume your family owns and operates a local water park, Splash Beach, which has been in business for 15 years. Revenues are $5 million per season; equipment is neither new nor old; and the company has little debt, a good reputation in the community, and a flood of job applicants each summer. Demonstrate your knowledge of key strategic terms by responding to the following questions (write your answers in the designated box).
Many of your family members disagree about the direction of the company.