Assignment #3-Global Marketplace and Business Ownership 15% 26 marks DUE: Friday, April 12, 2024, by 11:59pm through blackboard 1. Select a large global hotel chain and describe the organization. What do you think made it successful? What differentiates it from other hotel operators? 6 marks 2. If you were the President of an organization, would you enter the global marketplace? Provide 3 reasons why or why not. Elaborate. 6 marks 3. What are some of the benefits and drawbacks to being a franchisee? Please provide three of each and explain. 1 mark each for a total of 6 marks 4. The Hospitality Industry is having a great positive momentum (great demand) post covid. Pretend that you are a hotel owner and elaborate on the following: a. What do you think you need to do to ensure continued positive momentum in future? 4 marks b. How should you prepare should another pandemic resurfaces in future? 4 marks RUBRIC: Question: 1. Description of Hotel chain, success and differentiation from other chains 3. 2. Why enter the Global Marketplace? Benefits and drawbacks to being a franchisee 4. Ideas on continued positive momentum in industry and preparation for a possible future pandemic TOTAL Marks possible Marks Allotted 6 6 6 8 Assignment #3- Global Marketplace and Business Ownership 15% 26 marks DUE: Friday, April 12, 2024, by 11:59pm through blackboard 26 1| Page Academic Integrity Policy: All your work will be submitted via Blackboard SafeAssign. This tool compares submitted assignments against a set of academic papers to identify areas of overlap between the submitted assignment and existing works from past and current students as well as all online sources. Academic Integrity Policy. Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to students by delivering high-quality education and teaching excellence, while supporting a positive learning environment. The Al policy is always lo effect. Note Sections 2.3 and 2.4: 2.3 Should there be a suspected violation of this policy (eg cheating, falsification, impersonation or plagiarism) the academic integrity sanctions will be applied according to the severity of the offence committed. Refer to Auncadia for the academic integrity sanctions 2.4 Should a suspected violation of this policy be a result of, or in combination with, a suspected violation of Seneca's Student Code of Conduct and/or another non-academic-related Seneca policy, the matter will be MacBook Air