This course is designed to enable students to develop a comprehensive understanding of the business environment, with particular emphasis on the analysis of technological developments, the changing social environment and values, the impact of globalization on economic growth as well as the economic interdependence and uncertainty among nations. Upon completion of this course, students are expected to possess the capability to pursue thorough analysis of the fast-changing tourism and hospitality context with application of the concepts of strategic marketing management of tourism and hospitality industry. This course teaches students how to identify, develop, and promote tourism and hospitality products and services. Issues such as marketing, sales, advertising, and promotion for the tourism and hospitality industry will be explored, along with basic planning and financial topics.