• Porter's Five Forces
    Not easily replicated BW Industry Key success factor Economies of scale Economies of scope (wide range of products) Broad coverage of various distribution channels Effective market orientation and Product innovation Ability to deliver products quickly to retailers Extensive database of customer...
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  • Information
    For Alliances and Their Benefits In the hospitality industry there appear to be several forms of concentrated growth as practised by the major corporations. These forms are strategic alliances, franchising, management contracts, joint ventures and acquisition. All five of these strategic forms...
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  • Employee Retention
    highly personalized, and no amount of automation can substitute for personal service providers. India is focusing more on white collar jobs than blue collar jobs. The shortage of blue collar employees will pose various threats to the industry. People Retention in Hospitality 1. The scale of the...
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  • Hotel Thesis
    both public and private hospitality education and training providers. Closer cooperation with industry and regular national/regional screenings of skills and labour needs could be some of the measures. It is not in the scope of this study to forecast the more exact labour and skills needs of the...
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  • Tourism and Innovation
    headline and expanding the methodological scope. This increased attention must be welcomed, as innovation research represents a meaningful and valuable way of understanding the economic dynamics of the sector, and deeper insights will be helpful for the industry and policy makers alike. The...
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  • Role Efficay
    (CEM), Global Certification in Meeting Management (CMM) and Certified Meeting Professional (CMP). • Career opportunities are in the following Industries : 1. Event Management 2. Event Management Consultancy 3. Hotel, travel and hospitality Industries 4. Advertising Agencies...
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  • Dictionary of Hospitality Management
    than one of many in an industry. Cost leadership can be derived through the pursuit of economies of scale, the use of technology, access INTERNATIONAL DICTIONARY OF HOSPITALITY MANAGEMENT [C] 62 COST–VOLUME–PROFIT ANALYSIS – CREDIT CARD GUARANTEE to particular suppliers and distribution...
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  • Elle
    attribute to their franchisors. Chathoth and Olsen (2003) also indicate that in a hospitality franchise agreement, the franchisor usually has the ‘‘upper hand’’ because the franchisor is exposed to lower risks than the franchisee. Particularly, in the context of hotel industry, studies by Altinay (2006...
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  • Outsourcing
    scale and scope Ability to access best in class skills and capabilities Freeing of constraints of in-house cultures and attitudes Provision of fresh ideas and objective creativity Failure to identify core and non core may lead to outsourcing core Difficulty in insourcing later Difficulty in...
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  • volunteer tourism
    4,850,000 hits, and included published research, volunteer tourism operators and NGOs, and the popular press (Voluntourism.org, 2008). The scope of the volunteer tourism industry was also demonstrated by Callanan and Thomas (2005), who identified 698individual volunteer tourism products on a single...
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  • Unethical Business Practices
    influenced or be perceived by others to have been influenced in making a business decision as a consequence of accepting hospitality.The frequency and scale of hospitality accepted should be managed openly and with care and should not be greater than the member's employer is able to reciprocate...
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  • Franchise vs Joint Venture
    Hospitality Management 21 (2002) 353–369 A franchise by any other name? Tenancy arrangements in the pub sector Conrad Lashley*, Bill Rowson School of Tourism and Hospitality Management, Leeds Metropolitan University, Calverley Street, Leeds LS1 3HJ, UK Abstract Recent changes in...
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  • Tata
    benefits as reduced tariff and non-tariff barriers. The foreign ownership regulations (The market expansion mode (Hill, 2002) – At the present time the UK is considered as one of the most pro-FDI country in EU. The large number of industries, including automotive one, are deregulated. It means that...
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  • Marketing Mix of Hospitality
    branding in hospitality organizations. 86 Hospitality Marketing Introduction In this chapter, we will examine how the hospitality industry has evolved in different regions of the world, and look at the characteristics of hospitality firms – especially the differences between large-scale...
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  • Applications of Operations Management Concepts
    unmatched since the Great Depression (Elliot, 2008). Unstable and unpredictable market turmoil from various sectors of industries with particular reference to the UK has seen major companies battling the slowdown in consumer spending due to the ongoing effects of the credit crunch which threatens job...
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  • Australian Beverages Limited
    , this is expected to change in the future as consumption growth begins to slow. Several new competitors have entered the market over the last five years. Moreover, industry consolidation has occurred. Major industry competitors have acquired smaller competitors to increase economies of scale, scope...
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  • Room Division
     Table of contents LO 1: 1.1 Given the scope and scale of the Rooms Division operations of the new property, identify and discuss the different type of accommodation and front office services need to be offered and analyse the roles and responsibilities of the accommodation and...
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  • Oladimeji
    when necessary. The ICAO website reports that not all aviation problems can be dealt with on a world-wide scale and so many subjects are considered on a regional basis. The ICAO also develops international laws regarding the airlines industry, and promotes acceptance by all countries so that equal...
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  • operation management in hospitality industry
    between administration, technical and the people issues. Over the decades, many techniques of TQM have been adopted by the UK hospitality industry. Some has made the decision to use the TQM concepts as recommendations while others have used consultancy offers. Over the decades, many techniques of...
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  • Minimum Wage Policy
    ). A short observation of the impact on busineses and the decisions made by the imposition of the Minimum Wage policy in the hospitality industry in the United Kingdon and in the manufacturing industry is set out below. A Peek into the Business Decisions after Ramifications of a Minimum...
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