Consider the 4 corporate-level strategies . Describe the pros and cons of implementing each of these strategies in terms of how they relate to Front Desk / Hotel Operations. Giveone example from the hospitality industrywithreferencesfor each of the strategies.

• Concentration Strategy - definition and 1 example from the hotel hospitality industry.
• Vertical Integration Strategy - definition and 1 example from the hotel hospitality industry.
• Diversification Strategy - definition and 1 example from the hotel hospitality industry.
• Mergers and Acquisitions - definition and 1 example from the hotel hospitality industry