Tesco plc wants to expand but foresees little exponential growth in its current retail activities. The company has, therefore, decided to utilise their ability to raise funds and their cash generation ability to organically expand into the hotel industry. Tesco feels that the market is open to a new participant and that companies such as Intercontinental Hotels Group plc are not ready for a vibrant new competitor. Tesco could expand by undertaking ‘organic’ growth orcould undertake the indicated growth by acquisition. You are required to provide a critical analysis of the relative benefits of the two types of growth (i.e. ‘organic’ and acquisition) from Tesco’s point of view, with regard to the proposed expansion.

Edgewater Motels, Inc v Gatzke and Walgreen Company: Gatzke worked as a district manager for Walgreens. He was staying at the Edgewater Motel while he was working in Minnesota “on call 24 hours a day" for Walgreens. A fire occurred in his hotel room from a lit cigarette he dropped into the waste paper basket. The fire caused massive damage and Edgewater sued both Gatzke and Walgreens. Both were found liable for the damages.

Why do you think Walgreens would be responsible for the action of Gatzke. Was he still working when the fire took place? Can you make an argument that Walgreens is not liable?

2. Use either a shift in demand OR a shift in supply (not both) to GRAPHICALLY represent each of the following situations. Also, label the graphs correctly and indicate the changes in equilibrium in each case.
a) The avocado market: Widely publicized studies on the health benefits of avocado consumption.
b) Crude oil market: Interruption of world supplies as a result of the war in the Middle East.
c) Orange Juice Market: Increased imports of orange juice from Brazil.
d) Hotel room occupancy in Mexico: Increased Corvid 19 infection rate in the USA and Canada, the largest source of tourists to Mexico.

Four separate graphs, please.

Movement restrictions imposed by various governments to mitigate the spread of COVID-19 pandemic in the form of social distancing and closure of national and international borders and airports has brought a number of business organisations to a standstill, leading to the decline in growth and market share, especially the hard hit tourism and hospitality industries. Assume that you are the manager of IDISAM Hotel LTD, which holds the largest market share in the hospitality industry, but now on the verge of collapsing due to COVID-19 pandemic. Required: Supporting your answers with specific examples and justifications, propose corporate or grand strategies that the company can use to deal with the situation at hand.

Your local hotel has a dining room which has the capacity to seat 140 guests. It is opened for breakfast and lunch seven days a week and fully expects to be at capacity at these times. During January 2021, management has forecast the seat turnover for breakfast will be 3 times and for lunch 2 times, with the average bill to be $28 for breakfast and $58 for lunch. Beverage revenue is usually 12 per cent of the breakfast revenue and 28 per cent of the lunch revenue.  

Calculate budgeted total revenue of food and beverage for the 31 days of January 2021. Express the answer as a daily food and beverage outcome and also a monthly figure.

Options: Current Account Debit, Current Account Credit, Capital Account Debit, Capital Account Credit

1. Foreign freight and shipping services purchased by a Canadian exporter from a foreign transportation firm

2. Japan purchases more Canadian lumber products

3. Nova corporation of Canada sells a new stock issue to a Chinese investor

4. The purchase of insurance from Lloyds of London

5. The hotel bill of a Canadian tourist in Rome

6. Expenditures abroad by Canadian tourists

7. $15,000,000 sale of natural gas by PanCanadian to an American utility company

8. The import of a BMW automobile

1. Which of the following hominin had the best walking abilities?

1. Sahelanthropus
2. Orrorin
3. Australopithecus
4. Ardipithecus

2. A gene is a segment of DNA that has protein coding information.

1. True
2. False

3. Ardipithecus was adapted to life in trees and:

1. in the desert.
2. near water.
3. both b. and c.
4. on the ground.

4. The genus designation Homo translates to

1. cave man
2. same
3. first person
4. human