The company's purpose is to provide, on a worldwide basis, through universities and other educational institutions and programs, training and instruction courses for those active in the winter sports industry and related activities. The company awards academic qualifications tailored to the winter sports industry and related activities such as tourism, hospitality, and vacation operations, insofar as they are related to the winter sports industry. Winter sports are defined as activities performed on snow and ice. The company may participate in other companies, acquire, hold, and sell real estate, and engage in all commercial, financial, and other activities that are suitable to promote the purpose of the company.