PAGE 88 B- 1,2 & 3

1. The lecturer focuses on the external influences which affect the way a business in tourism and hospitality operate, without leaving out internal influences. Also mentioning the importance of managing a business, finances, inflation, interest rates or demand, government policies and competition in a particular location.
2. Politics, economics and environment are the three main factors discovered.
3. The lecturer reminds us to discuss tourism as a system.