3 Review(s)

Key Areas of Research Tourism Industry Life Cycle Stages: The book explores how various factors impact the tourism industry’s life cycle stages and discusses strategies that can be applied to enhance its development. This includes examining how service performance at airports can be improved through strategic interventions. Decision-Making Challenges: Lok addresses the difficulties managers face in making decisions within organizations. He provides insights into how these challenges can be mitigated by applying effective organizational strategies, thereby facilitating better decision-making processes. Technological Firm Mergers: The research delves into the cooperative strategies involved in mergers between technological firms, such as IBM and Apple. It evaluates the strategic advantages and disadvantages of these mergers, highlighting their implications for industry growth and innovation. Oil Industry Decline: The book presents evidence explaining why the oil industry is experiencing a decline in its life cycle stage. Factors influencing this decline are analyzed, providing a comprehensive view of market dynamics. Impact of Electric Vehicles: Another significant area of research is the effect that electric vehicle innovations have on the demand for gas vehicles. Lok investigates how this technological advancement may lead to changes in life cycle stages within the automotive sector.