Description #1. After reading the Concepts & Connections 7.2 on page 145, please answer the following questions: a. Why has Four Seasons Hotels been so successful in expanding its hospitality operations into a broad diversity of countries? b. How should local hotel competitors respond to Four Seasons Hotels' continued expansion into their markets? c. Why would a global economic slowdown likely not dampen demand for the Four Seasons luxury hotel offerings? #2. Complete Assurance of Learning Exercise #3 (a, b, and c) on page 150 in your textbook.