TADM 255 Simulation Lab: Business Strategy & Forecasting places students into the role of tourism decision-maker in this simulation-based lab. Students will design, test and adapt strategies using forecasting models, scenario analysis, systems thinking, and collaborative decision-making to evaluate and analyze complex scenarios in tourism enterprises. With an emphasis on adaptive leadership and responsible stewardship, students will integrate community perspectives to strengthen the resilience and sustainability of operations and discover how to gain a competitive edge in tourism management.
Accessibility Services Notice
Students who would like an academic accommodation and who have a documented disability should contact Accessibility Services, if they have not already done so.Course Details| Total number of weeks | 15 |
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| Total Credits | |
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| Total Hours | 45 |
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Typical hours per week breakdown| Lecture | 3 |
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Learning Outcomes
Upon successful completion of this course, the learner will be able to:
- Critique pricing strategies and justify approaches that optimize guest value, revenue generation, and responsible business practices
- Design menus that integrate profitability, sustainability, cultural responsibility, and guest preferences
- Assess the operational, health, safety, and sustainability implications of kitchen design, layout, and equipment use
- Evaluate the financial, cultural, and community impacts of outsourcing operational services
- Interpret forecasting data and revenue management decisions using financial management tools to make informed business decisions for sustainable business outcomes
Grading Table
Standard Academic and Career Programs Grading Table
| Percentage | Letter Grade | GPA |
| 90-100 | A+ | 4.33 |
| 85-89 | A | 4.00 |
| 80-84 | A- | 3.67 |
| 76-79 | B+ | 3.33 |
| 72-75 | B | 3.00 |
| 68-71 | B- | 2.67 |
| 64-67 | C+ | 2.33 |
| 60-63 | C | 2.00 |
| 55-59 | C- | 1.67 |
| 50-54 | P | 1.00 |
| 0-49 | F | 0.00 |
| | DNW | 0.00 |
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
Information contained in this course outline is correct at the time of publication. Content of the course is revised on an ongoing basis to ensure relevance to changing educational, employment and market needs. The instructor will endeavor to provide notice of changes to students as soon as possible. The instructor reserves the right to add or delete material from courses.