Relacionar Columnas International Hospitality Versión en línea Tourism Management II por maria graciela garcia gonzalez 1 Hotel consortia. 2 Product and trade name franchise. 3 Input strategies depend on: 4 Management contracts. 5 Foreign market entry strategies 6 Business-format franchise. -The critical business environmental factors in host country. -The advantages and disadvantages that each choice would make to the overall vision and objectives of the company. -Wholly owned -Licensing/franchising -Management contracts -Consortia Can be defined as a contract under the terms of which a company agrees to manage another one, on behalf of and at the risk of the latter, in exchange for financial remuneration.