7 Vision statement T he vision statement is a description of your business, not as it is now, but how it will be in the future In this section you should describe your business as it will be in three years time Include different perspectives in your account What will it look like to your customers, your employees, the bank manager, your investors and the local community But rather than a list, your vision statement should be an account, easy to read and inspiring use the below details for answer this question DEMOGRAPHICS City population 580, 000 Regional population 2, 150, 000 Annual population growth rate 1 5 Median age 42 Median annual income $53,000 Median housing value $380,000 SECTOR METRICS Annual air arrivals down 21 Hotel occupancies down 18 Event attendance down 19 Restaurant seating down 16 City wide conventions down 28 SECTOR ASSETS Excellent roadway and bridge access Dependable rail service Renovated and expanded air terminal Upgraded taxi fleets City riverfront walk Seven quality museums Well known city art and restaurant district Noted vineyards Sports stadium DEMAND GENERATORS Regional corporate offices Regional service offices legal and accounting Light industry Two universities Upgraded and expanded regional healthcare facilities Medical specialist centers Year round arts, agriculture, and music festivals BUSINESS DEVELOPMENT Working together with local associations in the travel and tourism sector, the Commission has confirmed and funded the following initiatives 1 Triple the annual promotional budget to include rebranding, website refurbishment, search engine optimization consultancy, extended tourism offices, refreshed promotional materials, and professional service standards and certification for operational managers and staff 2 Expedite the final construction phases of the City Convention and Civic Center funded by last years successful tax vote 3 Provide support to the airport authority in promoting the new legacy air carrier and new discount airline 4 With the Hotel Association, provide welcome receptions for the 12 new companies arriving as a result of recent corporate tax incentives 5 Complete two highway and one airport visitor welcome centers 6 Support the civic center programming office in booking sport, concert, and trade show events

The Answer is in the image, click to view ...

Question: 7. Vision statement T he vision statement is a description of your business, not as it is now, but how it will be in the

7. Vision statement

The vision statement is a description of your business, not as it is now, but how it will be in the future. In this section you should describe your business as it will be in three years time. Include different perspectives in your account. What will it look like to your customers, your employees, the bank manager, your investors and the local community? But rather than a list, your vision statement should be an account, easy to read and inspiring.

use the below details for answer this question

DEMOGRAPHICS

City population 580, 000
Regional population 2, 150, 000
Annual population growth rate 1.5%
Median age 42
Median annual income $53,000
Median housing value - $380,000

SECTOR METRICS

Annual air arrivals down 21%
Hotel occupancies down 18%
Event attendance down 19%
Restaurant seating down 16%
City -wide conventions down 28%

SECTOR ASSETS

Excellent roadway and bridge access
Dependable rail service
Renovated and expanded air terminal
Upgraded taxi fleets
City riverfront walk
Seven quality museums
Well-known city art and restaurant district
Noted vineyards
Sports stadium

DEMAND GENERATORS

Regional corporate offices
Regional service offices: legal and accounting
Light industry
Two universities
Upgraded and expanded regional healthcare facilities
Medical specialist centers
Year-round arts, agriculture, and music festivals

BUSINESS DEVELOPMENT

Working together with local associations in the travel and tourism sector, the Commission has confirmed and funded the following initiatives:

1. Triple the annual promotional budget to include rebranding, website refurbishment, search engine optimization consultancy, extended tourism offices, refreshed promotional materials, and professional service standards and certification for operational managers and staff.

2. Expedite the final construction phases of the City Convention and Civic Center funded by last years

successful tax vote.

3. Provide support to the airport authority in promoting the new legacy air carrier and new discount airline.

4. With the Hotel Association, provide welcome receptions for the 12 new companies arriving as a result of recent corporate tax incentives.

5. Complete two highway and one airport visitor welcome centers.

6. Support the civic center programming office in booking sport, concert, and trade show events.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

reference- Vegan Restaurant 3. THE FUTURE A. Vision and Missions Statement Refer to and utilise your in-class Workshop collaborative Learning Activity (LA) concerning the development of your New...

SECTION A - COMPULSORY Ouestion One Read the following mission, vison and value statements of Tata Steel and The Metropolitan Police and use it to answer the ensuing question. Tata Steel Mission...

What to do: find a small to medium enterprise (SME) in the UAE and provide a description of the company based on the below components. Sample: Three samples provided for review on your portal titled...

Please find a small or medium enterprise in the uae What to do: find a small to medium enterprise (SME) in the UAE and provide a description of the company based on the below components. Sample:...

Part of being in business is competing against other companies. A mission statement and a vision statement are important components in getting consumers to choose your business over the competition....

Barriers to entry to an industry could be due to capital requirements,cost advantages, economics of scale,access to distribution channels,product differentiation's and government policy.A business...

BUSD 2013 Change Management Change Project Business Administration Page 1 of 2 NorQuest College Change Project Overview Individually, or in groups of two or three, you will plan and implement a...

The Company - Celestica - Canada Vision Statment : "A Corporate Social Responsibility program requires two key things in order to succeed - employee support and clearly defined goals" Question : 6...

Choose an any existing or a future business and provide the business plan that answer all these questions . Also provide abstract and outline. A. Vision Statement The vision/mission statements are...

(a) Graph the function. (b) Explain the shape of the graph by computing the limit as x → 0+ or as → ∞. (c) Estimate the maximum and minimum values and then use calculus to find the...

ABC Ltd has an outstanding loan of $500,000 at a fixed interest rate of 8% per annum, compounded semi-annually, with a term of 10 years. ABC Ltd wants to prepay the entire loan amount after 5 years....

Practice question Adriel Ltd is registered for the GST. Special journals are used in its accounting systems. The following transactions - unless stated otherwise are GST exclusive - occurred during...

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...