INTRODUCTION OVERVIEW OF HOSPITALITY INDUSTRY Hospitality is considered as a service industry‚ serving the guests with "feel-good-effect". "Athithi devo bhavha" (Guest is God) has been one of the major trends followed in Indian culture since decades. In India‚ the guest is treated with utmost warmth‚ full respect and providing the best services. The industry trend shows‚ that Hospitality is one of the fastest growing sectors in India. It is expected to grow at the rate of 8% between 2007 and 2016
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PEST ANALYSIS The pest analysis refers to four main factors: POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL The analysis will focus towards the industry that how the political stability‚ rules and regulation‚ and the legal system of the country affecting the overall industry. The economic condition‚ liberalization‚ policy toward foreign investment‚ and growth rate of the economy as a whole also help to analyze the overall industry attractiveness and potential for the growth. The social
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The Tourism industry is one of the fastest growing industries in theworld. The World Travel and Tourism Council estimates that in 2004Travel and tourism is expected to generate* US$ 5‚490.4 billion of economic activity* 10.4% of total GDP* 214‚697‚000 jobs or 8.1% of total employment* 12.2% of total exports [1]My task is to conduct a PEST analysis for a company within the Tourismindustry. Within the tourism industry‚ I have to select one area of interestlike transportation‚ accommodation and transportation
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Assignment Porter’s Industry Analysis US Automobile Industry The US Automobile Industry is an ever changing industry since the early days of Ford’s revolutionary assembly line technique to current green technology and everything in between. Following are the 6 Porter’s Industry Analysis I have collected and analyzed. The Threat of New Entrants 5.33 (high) Economies of Scale; According to my research‚ the threat of new entrants is very low in the automobile industry. The industry has been established
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Wesleyan University The Honors College The Development of the M-form in the American Automobile Industry by Daniel Joseph Koblenz Class of 2010 A thesis submitted to the faculty of Wesleyan University in partial fulfillment of the requirements for the Degree of Bachelor of Arts with Departmental Honors in General Scholarship Middletown‚ Connecticut April‚ 2010 Table of Contents Acknowledgements.................................................................................... ii Introduction
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PEST Analysis of Indian Market for the Apparel Industry 1. Political Factors: The proliferation of international trade and liberalization of the global trade regime has dawned in India with the implementation of several programs by the Government of India (termed as GOI from now onwards in the report) to help the textile and apparel industry adjust to the new trade environment. In 2000‚ the GOI unveiled its National Textile Policy (NTP) 2000‚ aimed at enhancing the competitiveness of the textile
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marketing department of a record label plays a large part in portraying an artists’ image to its fan base and the music industry. Once an artist has produced their music and is ready to be made public‚ it is up to the marketing department to make sure that it is made available in all media formats. This is done solely through a range of distribution and promotion campaigns. This case will look at the current situation of the music industry and analyse the effect the new technologies and the digital
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[pic] Credit Analysis Instructor: Dr. Hisham Tabsh Credit Analysis by: Mahmoud Abboud Najib Awar Fall 2008 Introduction: SPIT is a Business family that was established 35 years ago by the father and now distributed among his 4 children. The company is Involved in the trade of auto parts: European‚ Korean‚ Japanese operating from a Headquarter of area 800m2 (offices & warehouses) in addition to another warehouse of 400m2. As per our interviews with “Zaim Company” & “Hussein
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Pest Analysis Fast Food Retail Sector Introduction Political Factors McDonald’s food safety is of a very high-quality and is recognised as one of the best in the fast food retail sector. One of their main successes has been their training programme. They 1 train all of their staff before they begin work in one of their restaurants on all aspects of food quality‚ food safety and hygiene. This training‚ along with being made aware of the importance of cleanliness‚ continues throughout their
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however‚ with less cars on the road the oil company won’t have to purchase as much. Another example is that people are going to buy more fuel efficient vehicles like hybrids‚ so less fuel is being used and with these vehicles on the road the automotive industry will start to lose again because people won’t need to buy vehicles as much. If gasoline prices keep escalating then that means that they will keep adding to the GDP. I however don’t think that high gasoline prices are going to fix anything. The
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