THS3THS ASSIGNMENT simulation SWOT analysis 代写
Graph A. Total Revenue Graph B. Overall ROE Graph C. Occupancy Rate Graph D. REVPAR |
|
||
La Trobe Business School | ||
Tourism and hospitlality simulation ths3ths |
||
Subject Learning Guide Second Semester 2017 Bundoora Subject Coordinator(s):Paul Strickland |
||
GENERAL DETAILS |
|||||
Subject Code: | THS3THS | Subject Title: | Tourism and Hospitality Simulation | ||
Teaching Period: | Second Semester | Location(s): | Menzies College – SW -111 – Computer Laboratory | ||
Credit Points: | 15 | Mode: | On campus and online | Level: | 3 |
ENROLMENT REQUIREMENTS |
|
Prerequisites: | MKT1MDP, THS1THE |
Co-requisites: | No |
Incompatibles: | THS31HSM |
Assumed Skills & Knowledge: | None |
Special Study Requirements: | This subject requires the learning of the HOTS computer simulation in a team environment |
STAFF CONTACTS |
|||||
Role | Campus | Name | Telephone | Room | |
Subject Coordinator | Bundoora | Paul Strickland | p.strickland@latrobe.edu.au | 94795029 | SS 225 |
Instance Coordinator | N/A |
SUBJECT DESCRIPTION |
This subject explores the real-time working of a hotel through the use of a computer-based simulation, HOTS.Based in teams, students will be able to use the HOTS software to simulate the business decisions of a hotel over a five year period. Students will apply their knowledge of service operations and marketing principles through SWOT analysis, cash flow statements and other appropriate methods of interpreting data. The HOTS program simulates real decision-making and prepares students for working in teams and in the hospitality industry. |
SUBJECT INTENDED LEARNING OUTCOMES (SILOS) |
|
Upon successful completion of this subject, you should be able to: | |
1 | Make business decisions in a team environment. |
2 | Develop a marketing strategy including a S.W.O.T. and P.E.S.T. analysis. |
3 | Demonstrate leadership and decision making skills. |
4 | Interpret financial data and make decisions based on this information. |
5 | Ability to respond to business market forces and hotel competition. |
GRADUATE CAPABILITIES |
||
The following Graduate Capabilities (GCs) are evaluated in this subject: | ||
GC | GC Point | |
a | Team Work | Capstone |
b | Oral communication | Capstone |
c | Writing skills | Capstone |
LEARNING ACTIVITY SUMMARY |
|
Learning Activity: | Schedule |
Computer simulation | Weeks 1-11 |
Individual Report Submission | Week 12 |
ASSESSMENT AND FEEDBACK SUMMARY |
|
||||
Assessment Tasks: | Due Date | SILOs | GCs | % | Comments |
Computer simulation (team/group activity) Hotel Objectives, SWOT and PEST Background document questions to be answered. |
Will be assigned in the first tutorial Week 3 Week 4 |
1, 2, 3, 4 | a, b, c | 10% | Groups will be formed with 3 or more students and a group leader will be assigned. |
Group presentation | Week 10 | 1, 3, 4, 5 | a, b | 10% | All group members must contribute to electronic presentation |
Group report | Due at group presentation. | 1, 4, 5 | a, c | 20% | Individual contribution to the group report will be 500-800 words sent electronically |
Individual report | 16th October 2017 | 3, 4, 5 | c | 60% | 2000 words - sent electronically |
LEARNING RESOURCES |
|||
Reading Type | Title | Author and Year | Publisher |
Required | HOTS background documents and training manuals | HOTS (2017) | Online |
Recommended | Business Relationship Management and Marketing Mastering Business Markets | Kleinaltenkamp, M.(2015) | Springer ebooks - Online |
Recommended | Strategy for Action - The Logic and Context of Strategic Management | Gandellini, G., Pezzi, A. and Venanzi, D.(2015) | Springer ebooks - Online |
Recommended | Decision Making in Service Industries : A Practical Approach | Faulin, J., Juan, A. A., Grasman, Scott E. and Fry, M.(2012) | CRC Press - Online |
STUDENT FEEDBACK ON SUBJECT SURVEY |
The Student Feedback on Subjects (SFS) Survey is part of the quality assurance process that occurs across the university. In this survey you are invited to tell us about your learning experiences in this subject. Your views will be taken seriously and will assist us to enhance this subject for the next group of students. The surveys are anonymous, and you will be invited to participate via an email sent to your account during the survey period.For information on Student Feedback on Subjects refer to:http://www.latrobe.edu.au/students/get-involved/speak-up/subjects-teaching |
Week | Date | Topic | Activity | SILOs | GCs |
---|---|---|---|---|---|
1 |
Week starting 24 July |
Introduction to Hospitality Service Delivery Strategies and subject overview. 1. Review the welcome video on LMS. 2. Access to HOTS from tutor. 3. Review of Background Document and User Guide. · Review using HOTS video clips. |
Computer simulation and online material | 1 , 2 | b, c |
2 | Week starting 31 July |
1. Students to form teams. 2. Undertake S.W.O.T. and P.E.S.T analysis based on HOTS background document. · Enter decisions into HOTS and evaluate in a trial period. |
Computer simulation and online material | 1, 2, 3 | a, b, c |
3 | Week starting 7 August |
1. Teams to create hotel name, vision statement and 3 objectives/goals for the hotel. 2. Submit SWOT and PEST via LMS. · Enter decisions into HOTS and evaluate in a trial period. |
Computer simulation and online material | 1, 2, 3 | a, b, c |
4 | Week starting 14 August |
1. Submithotel name, vision statement and 3 objectives/goals for the hotel via LMS. 2. Complete multiple choice quiz based on User Guide and Background Document via LMS. · Enter decisions into HOTS and evaluate for Year 1. |
Computer simulation and online material | 1, 4, 5 | a, b, c |
5 | Week starting 21 August | · Enter decisions into HOTS and evaluate for Year 2. | Computer simulation and online material | 1, 4, 5 | a, b, c |
6 |
Week starting 28 August |
· Enter decisions into HOTS and evaluate for Year 3. | Computer simulation and online material | 1,2, 3, 4 ,5 | a, b, c |
7 |
Week starting 4 September |
· Enter decisions into HOTS and evaluate for Year 4. | Computer simulation and online material | 1,3,4,5 | a, b, c |
8 |
Week starting 11 September |
· Enter decisions into HOTS and evaluate for Year 5. · End of HOTS simulation. |
Computer simulation and online material | 1,3,4,5 | a, b, c |
9 |
Week starting 18 September |
Students to work in teams on the group report and group presentation | Computer simulation and online material | 1,3,4,5 | a, b, c |
10 |
Week starting 2 October |
1. Teams to upload presentation to YouTube.com 2. Teams to submit group report via LMS |
Computer simulation and online material | 1,3,4,5 | a, b, c |
11 |
Week starting 9 October |
Students to work on the individual report. | Computer simulation and online material | 1,3,4,5 | c |
12 |
Week starting 16 October |
Students to submit the individual report by 16 October via LMS. | Computer simulation and online material | 1,3,4,5 | c |
Assessment Task 1 | Due Date | % | SILOs Assessed |
Computer Simulation (Group activity) | Weeks 2-8 | 10% | 1, 2,3, 4, 5 |
Submission Details | |||
Attendance, participation, scorecard position and background document answers will all be considered in this assessment task. | |||
Grading Criteria and Feedback | |||
The grading criteria for this assessment task are subject to attendance through role call and subjectivity of the tutor’s opinion. Part of the 10% will be allocated by the tutor by witnessing actual team input in oral, written and computer based assistance. Individual results may vary within the same team. | |||
Description of Task | |||
During the HOTS simulation, participants will be working in teams. It is up to each team to determine the role(s) of individuals within the group. Students will be allocated into a team during the first tutorial/computer laboratory. These teams will compete in a ‘virtual hotel market’ using the HOTS simulation program. The teams enter decisions directly into a PC, and feedback is given in the following session. The trading results are published in various formats including Standard Chart of Accounts, graphs and weekly/monthly indicators and may be printed during the computer laboratories. The software will provide students with an opportunity to develop knowledge of Business Strategy, Marketing and Sales, Finance, Operations and Human Resource Management by the development of a business plan for a hotel and implementing it through a series of decisions over a simulated period of up to five years. In addition to gaining business skills, participants will also gain an insight into the challenges and of group decision-making and group dynamics in a simulated management team. In order to compete successfully in the simulation, it is essential that teams meet prior to computer simulation sessions, in order to determine their strategies and for the next trading period. The meetings may be face-to-face or via electronic channels such as e-mail or LMS. It is up to the team to determine, when they will meet and their mode of communication, as well as how they will make their decisions. As the software has a “real-time” clock, if the group does not input new trading data by the end of the input period, the previous data inputs will prevail. That means that, participants will be hampered by the cost structures and hotel revenues that were entered in the previous period if no updated decisions are entered. Some teams may choose to allocate members specific portfolios such as Director of Rooms Division, Director of Marketing, Director of Food and Beverage, Chief Financial Controller or General Manager, or the teams may choose a more collective approach to decision-making. What is important is to realise that the costs and revenues of each “portfolio” cannot be taken in isolation. Each cost will impact on cash flow and the opportunity to invest in other areas. One of the key challenges is trying to anticipate what your competitors are doing in the virtual market, and position your hotel appropriately to respond to the changing market conditions. It is important utilise business tools such as planning budgets, revenue estimates, SWOT analysis, marketing and promotional plans and positioning charts etc. External factors such as interest rates, the state of the labour market, commodity costs, will impact on your borrowings, costs and your ability to service your debts. The objective of this exercise is to provide participants the opportunity to manipulate business inputs, in a simulation, without the risks associated with operating a business in the real world and reflect on the appropriateness of their strategic decisions. |
Assessment Task 2 | Due Date | % | SILOs Assessed | |||||||||||||||||||||
Group Video Presentation | Week 10 | 10% | 1, 2, 3 | |||||||||||||||||||||
Submission Details | ||||||||||||||||||||||||
All team members are required to contribute to a 10-15 minute video presentation regarding their overall hotel position in the HOTS simulation at the end of a 5 year trading period. This is an opportunity for students to be creative in way business decisions and financial data is communicated. It should be factual and entertaining. | ||||||||||||||||||||||||
Grading Criteria and Feedback | ||||||||||||||||||||||||
Group Oral or Video Presentation – Worth 10% - Criteria Assessment Sheet Team Members: ______________________________________________________________________________________________ _______________________________________________________________________________________________ Team Name : _______________________________________________________________________________________________
Overall comments: __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ |
||||||||||||||||||||||||
Description of Task | ||||||||||||||||||||||||
End of Simulation Evaluation of Performance viaVideo Presentation After the computer simulation is completed each group will make a formal, 15-minute video presentation. The video presentation is to be a case study analysis of your firm's actions and results from the above criteria. The presentation is to include SWOT, PEST and 3 hotel goals/objectives, an examination of your intended strategic plans as well as your realised results, and especially deviations from intended plans and must include all team members at some point. The 15-minute video presentation should be entertaining and informative with viewers having a sound financial understanding of your hotel’s position. As the video can be rehearsed, scripts can be written and creativity is encouraged. Please upload to YouTube.com and send link to Paul. |
Assessment Task 3 | Due Date | % | SILOs Assessed | |||||||||||||||||||||||||||||||||||||||||||||||
Group Report | Week 10 | 20% | 1, 2, 3, 4, 5 | |||||||||||||||||||||||||||||||||||||||||||||||
Submission Details | ||||||||||||||||||||||||||||||||||||||||||||||||||
Students must submit the group report electronically in week 10. Students are to contribute individually 500-800 words towards this report and each contribution to be collaborated in report format to the total of 2000 words. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Grading Criteria and Feedback | ||||||||||||||||||||||||||||||||||||||||||||||||||
Students will receive electronic feedback via email. Group Report – Worth 20% - Criteria Assessment Sheet Student Names: ______________________________________________________________________________________ Tutorial Group: ______________________________________________________________________________________
COMMENTS: |
||||||||||||||||||||||||||||||||||||||||||||||||||
Description of Task | ||||||||||||||||||||||||||||||||||||||||||||||||||
This group report is based on the group presentation. It is important that the recommended strategies, actions and recommendations are supported by relevant research and are appropriately referenced in Harvard style. Graphs are not included in the word count. CONTENTS OF THE ASSIGNMENT: The assignment should include an assessment of the final overall condition of your company in both the short run and the long run. The specific items that you should also cover include at a minimum (students are strongly encouraged to add advanced analysis beyond this list); 1. An assessment of industry environment (Recap of inherited hotel position). 2. Intended strategy (what was your team trying to achieve). 3. Realised strategy (summary report of what the strategy became). 4. Any deviation in strategy (difference between realised and intended). 5. Strengths and weaknesses of your firm - full SWOT analysis (at the end of simulation). 6. Financial condition (present and future); include at least the following 5-year data in graph format;
7. Strategic recommendations for the new, incoming management team that are thoughtful, specific, detailed and clearly supported by information previously presented in the analysis. What do you recommend the new management should do? 8. An overall conclusion. |
Assessment Task 4 | Due Date | % | SILOs Assessed |
Individual Report | Week 12 | 60% | 1, 2, 3, 4, 5 |
Submission Details | |||
Students must submit the individual report electronically by 16 October 2017. This is a 2000 word report. | |||
Grading Criteria and Feedback | |||
MARKING CRITERIA |
MARK |
Critique of Strategies Employed 20% | |
Discussion of Theory 25% | |
Report format, layout, grammar 10% | |
Referencing 5% | |
Total Mark out of 60 % is % | |
Description of Task |
Students must submit the individual report by the last day of Semester 2. Students must sign the statement of authorship. Students are to write 2000 words towards this report. There are many leadership styles in business and team environments. This formal report should reflectFOUR documented leadership styles and FOURfollow-ship styles. These may include: Leadership Styles& Theory · Authoritative · Participative · Laissez Faire · The Great Man Theory · The Trait Man of Leadership Theory · The Skills Theory of Leadership · The Style Theory of Leadership · The Situational Leadership Theory · Contingency Theory · Transactional Leadership · Transformational Leadership · Leader-Member Exchange Theory · Servant Leadership Theory…………………………………….among others Follow-ship Styles · Effective Follower · Alienated Follower · Conformist Follower · Passive Follower ………………………………………………..among others This must be in correct report format and is an opportunity to analyse grounded leadership and follow-ship theory and apply it to the team environment of the HOTS simulation. Students must try and identify the most appropriate leadership and follow-ship styles that the team experienced and either agree or disagree if it was the most efficient and productive style. Students may suggest their preferred style of leadership and follow-ship style and justify their responses with at least 15 references. |
Fail 49-0 | D 50-59% | C 60-69% | B 70-79% | A 80-100% | ||
---|---|---|---|---|---|---|
Overall application of PowerPoint presentation | No submission or an answer that had no relevance to or did not answer the questions. | Broadly completed but some parts are superficially treated, misunderstood or nearly overlooked. | Sound conceptual development, problems encountered have been satisfactorily solved, resulting in well-presented work | Material presented is strongly linked to task; comprehension of task is high. | Sophisticated concepts communicated through advanced use of technique Exceeds or refines the basic task requirements. | |
Interpretation of overall financial statements and hotel positioning | Theories and concepts are lacking and not applicable to the questions. | Generally very limited application; some misunderstanding or quite superficial treatment. | Relevant concepts, etc. applied in a generally appropriate and thoughtful way. No major misunderstanding; logical connections between ideas; no serious omissions. | Critical or evaluative thinking about how concepts/theories are applied; little inaccuracy or misunderstanding. | Creative or reflective processing of theories/concepts; understanding of how and why they are used; critical and evaluative thinking. | |
Academic structure and appropriate layout of assessment tasks | Structure and organisation of the case study is poor; needed to focus upon the questions. | Well enough structured to make sense; could be better organised and more tightly focused upon the questions. Instances of irrelevance or confusion. | Sequence and structure are logical and easy to follow. | Ideas are sequenced in a logically satisfying way; connections between different themes or sections are well made. | Structure and sequence are used effectively to help integrate ideas or support logical argument. Soundly structured throughout. | |
Language use | Not able to be understood; confused or unclear expression. Spelling, punctuation & grammar unsatisfactory. | Some confused or unclear expression. Spelling, punctuation & grammar generally satisfactory but likely to need attention. | Language is generally sound and clear throughout. | Language use demonstrates precision and expressiveness as well as clarity. | Confident and precise use of language; mastery of style and tone. | |