Matching Pairs International Hospitality Online version Tourism Management II by maria graciela garcia gonzalez 1 Business-format franchise. 2 Input strategies depend on: 3 Hotel consortia. 4 Foreign market entry strategies 5 Product and trade name franchise. 6 Management contracts. -The critical business environmental factors in host country. -The advantages and disadvantages that each choice would make to the overall vision and objectives of the company. -Wholly owned -Licensing/franchising -Management contracts -Consortia Can be defined as a contract under the terms of which a company agrees to manage another one, on behalf of and at the risk of the latter, in exchange for financial remuneration.
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