Asset allocation is diverse and unique to each individual. The allocation that works best for you changes at different times in your life, depending on how long you have to invest and your ability to tolerate risk.
Risk avoidance
Hospitality is the relationship of a host towards a guest, wherein the host receives the guest with some amount of goodwill and welcome. This includes the reception and entertainment of guests, visitors, or stranger
Risk sharing
In 2021 and 2022, the foodservice industry surpassed pre-pandemic levels. The foodservice and food retailing industries supplied about $2.11 trillion worth of food in 2021 and $2.39 trillion in 2022. Of this total, $1.16 trillion was supplied by foodservice facilities in 2021 and $1.34 trillion in 2022
Transferring risk
Tourism is a huge industry that spans the globe. It’s not just big; it’s one of the largest industries in the world. What makes it even more significant is its role in creating jobs and adding to a country’s economic growth, measured by something called Gross Domestic Product (GDP).
Risk acceptance
Marketing operations is the function of overseeing an organization’s marketing program, campaign planning and annual strategic planning activities. Other responsibilities include technology and performance measurement and reporting and data analytics.
