question archive HOSP4060 Hospitality Strategy Design & Execution Seminar For this exercise, you will develop a Competitive Profile Matrix (CPM) for Disney World, Universal Studios (FLA), and Busch Gardens (FLA)

HOSP4060 Hospitality Strategy Design & Execution Seminar For this exercise, you will develop a Competitive Profile Matrix (CPM) for Disney World, Universal Studios (FLA), and Busch Gardens (FLA)

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HOSP4060 Hospitality Strategy Design & Execution Seminar For this exercise, you will develop a Competitive Profile Matrix (CPM) for Disney World, Universal Studios (FLA), and Busch Gardens (FLA). The main component of the CPM is the Critical Success Factors. Critical Success Factors are activities critical to the success of an organization. Instructions: 1. Open the document: HOSP4060 Assignment CPM and review the documentation. 2. Conduct research on all three theme parks using social media apps such as trip advisor and yelp. 3. Open the template: CPM Theme Park Template 4. Complete the template using the information provided and researched. 5. Upload into ulearn when completed

Assignment:  Competitive Profile Matrix (CPM)

 

For this exercise, you will develop a Competitive Profile Matrix (CPM) for Disney World, Universal Studios (FLA), and Busch Gardens (FLA).  The main component of the CPM is the Critical Success FactorsCritical Success Factors are activities critical to the success of an organization.

Using the attached worksheet, select 7 Critical Success Factors from the table listed below that you feel are critical to the theme park industry.  Once you have selected the five, develop a CPM for Disney, Universal and Busch Gardens. 

Weights range from 0.0 to 1.0 with the total weighted score equaling 1.0.  Weights Indicate the relative importance of that factor to being successful in the industry.

Ratings are assigned to each company as to whether each Critical Success Factor is a strength or a weakness to the organization. (1= major weakness; 2= minor weakness; 3= minor strength; 4= major strength)

  • Explain, with a clear and insightful response, why you chose the selected critical success factors.
  • Explain, with a clear and insightful response, your rational for assigning the ratings to each theme park.

 

Availability of Seasonal Personnel

Management

Location of Facilities

Adoption to New Technologies

Price Competitiveness

Quality of Attractions

Entertainment Value

Customer Loyalty

Facility Maintenance

Theme Park Reputation

Advertising

Market Share

Customer Satisfaction

Brand Positioning

Fast Pass Technology

Attraction Wait Times

Mobil Apps

Skilled Employees

Customer Expectations

Park Cleanliness

Parking

Attraction Innovations

Security

Food & Beverage Outlets

In-Park Transportation

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