from the scenario belowChoose at least two techniques from any Knowledge Area that could be used by Mr. X to better compete with Air BnB.Give a detailed explanation of each technique, the reasons for your choice, and how you would apply them to the scenario. Mr. X had been running a successful hotel for 10 years, but it lostits competitive position with the advent of Air BnB]. Mr X knows thatnew approaches and strategies have to be considered. He believesin the principles of quality management, but he also knows that suchchange initiatives could take years to be fully realised. Mr Xobtained R 500 000 investor funding, and the investor wants results.After initial discussions, you and Mr X agree to pilot project thatmight achieve two objectives.• Start an effective quality management project at the hotel.• Gain the kind of short term results you believe are essentialto maintain investor interest and support for the project.

Quality management is the aspect of operation management that focuses on the quality improvement of…

from the scenario below Choose at least two techniques from any Knowledge Area that could be used by Mr. X to better compete with Air BnB. Give a detailed explanation of each technique, the reasons for your choice, and how you would apply them to the scenario.

from the scenario below Choose at least two techniques from any Knowledge Area that could be used by Mr. X to better compete with Air BnB. Give a detailed explanation of each technique, the reasons for your choice, and how you would apply them to the scenario.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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