INTRODUCTION TO HOTEL MANAGEMENT IHM110 Week 2: Introduction to Hospitality Industry and the Origin of the Hotel IHM 110 Outline • Meaning and definition of Hospitality industry • The origin of the hotel • What service the industry provides and who it provides for • Characteristics of the hospitality industry IHM 110 What is the meaning of HOSPITALITY “The friendly reception and treatment of guest or stranger” ____________ “The act of kindness in welcoming and looking after the basic needs
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French firms dominate the wine industry in the past. In the mid-1600s‚ a Bordeaux producer applied new techniques that led to a new age of large-scale fine wine. The development of fine wine was enhanced by the introduction of glass wine bottles sealed with cork. These innovations not only helped wine last longer but also made it age better. After the First World War‚ overproduction and fraud prompted French government took steps to protect and strengthen the wine industry. By 1935‚ the AOC system of
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Brief Introduction to Jaw Crusher Jaw crusher is one of the main types of primary crushers in a mine or ore processing plant. It is a kind of stone crusher which can also be called rock crusher‚ jaw breaker‚ stone jaw crusher‚ single toggle jaw crusher and aggregate jaw crusher. This series of stone crusher plant can reach the crushing ratio of 4-6 and the shape of final product is even. Features and Benefits of Mobile Jaw Crusher: 1. The cavity of mobile stone jaw crusher is deep and with
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I have been working in the banking industry for over fifteen years. Nowadays‚ the banking industry has changed so much in comparison to the banking industry a decade ago. Technological advances have revolutionized people’s banking habits. Advance technology has given people more options than just coming in physically into the bank to conduct account transactions. In this paper‚ I will compare banking in the past versus banking today and how technology has played such an enormous role in creating
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information collection‚ storage‚ processing and transmission and distribution technology have influenced all aspects of banking activity. And was regard as the main driving forces for the changes in banking industry. In my opinion‚ the technology influences the banking industry‚ mainly in the following six aspects: 1. Technology is influencing competition and the degree of contestability in banking. Due to the development of technology‚ bank’s superiority in information is deteriorated. Entry barrier have
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SWOT OF THE BANKING INDUSTRY Strength of the Indian banking industry lies in its asset quality‚ growth and profitability over its global peers over the last few years. The banking index has grown at a compounded annual rate of over 51 percent since April 2001 as compared to a 27 percent growth in the market index for the same period. Geographical reach and market penetration have expanded at a very fast pace over the past few years. Customer base is constantly growing. High capital inflows have
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Introduction: During the technology improving‚ the world is becoming much smaller and more and more integrated; people are more willing and able to pay more time and money on travel and leisure. “According the World Tourism Organization‚ international tourism is expected to grow at an average of 4.1 percent though 2020‚ ending with a total of 1.6 billion tourists traveling worldwide.” [1] Therefore there are a lot of opportunities for the hospitality industry to improve. In these years‚ the hospitality
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ucIntroduction to the Music Industry Within the last twenty years‚ the music industry has experienced drastic changes. Information and Communication technology has impact almost every aspect of the industry‚ ranging from its supplier to consumer‚ be it positively or negatively. Some reputable music suppliers includes Yamaha as well as LiveNations‚ a live event company‚ who specialise in event planning and supplies music venue for record label companies. Supplier ‚ those who manufacture CD
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Introduction Defining FMCG Industry Products which have a quick turnover‚ and relatively low cost are known as Fast Moving Consumer Goods (FMCG). FMCG products are those that get replaced within a year. Examples of FMCG generally include a wide range of frequently purchased consumer products such as toiletries‚ soap‚ cosmetics‚ tooth cleaning products‚ shaving products and detergents‚ as well as other non-durables such as glassware‚ bulbs‚ batteries‚ paper products‚ and plastic goods. FMCG may also
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www.ajbms.org ISSN: 2047-2528 Asian Journal of Business and Management Sciences Vol. 1 No. 2 [157-165] MERGERS IN BANKING INDUSTRY OF INDIA: SOME EMERGING ISSUES Dr. K.A. Goyal Convener & Head‚ Management Department‚ B.N.P.G. College‚ Udaipur. Vijay Joshi Research Scholar‚ Department of Business Administration‚ UCCMS‚ MLSU‚ Udaipur. ABSTRACT The world of competition is like a jungle where monsters gobble smaller ones therefore one has to be competent enough to win the rivalry. There are
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