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Questions (Essay Style Questions): You have observed that profits differ quite strongly among accommodation providers in Perth despite being all in the same industry and

Questions (Essay Style Questions):

You have observed that profits differ quite strongly among accommodation providers in Perth despite being all in the same industry and operating on a similar market. From a strategy and more specifically a strategy schools point of view, what could be reasons for these different profits? Why are some accommodation providers more successful than others? Please justify your answer with reference to the strategy schools. (max. 275)

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