of Contemporary Hospitality Management Emerald Article: An investigation of multicultural training practices in the restaurant industry: the training cycle approach Changuk Lee‚ Kye-Sung Chon Article information: To cite this document: Changuk Lee‚ Kye-Sung Chon‚ (2000)‚"An investigation of multicultural training practices in the restaurant industry: the training cycle approach"‚ International Journal of Contemporary Hospitality Management‚ Vol. 12 Iss: 2 pp. 126 - 134 Permanent link to this document:
Premium
Business Cycle: The business cycle is the cycle of short-term ups and downs in the economy. The recurring and fluctuating levels of economic activity that an economy experiences over a long period of time are called business cycle. At one time‚ business cycles were thought to be extremely regular‚ with predictable durations‚ but today they are widely believed to be irregular. Economic growth is not a steady phenomenon; rather‚ it tends to exhibit a pattern as follows: 1. Contraction 2. Recession
Premium Business cycle Unemployment Recession
��� Technology and Health Care Paper February 25‚ 2013 � Abstract� In the today ’s global world‚ technology has grown rapidly and there seems to be no signs of it ever slowing down soon. Computer software ’s have provided technological advancements in the health care industry. Consultants have become synonymous within the medical practices and community to provide a wide range of innovative ideas that is geared to making any organization thrive. ABC Consultants is a large prestigious organization
Premium Medicine Health care Illness
After launching new products and services management wants it to enjoy a long and happy life‚ although it does not expect the product to sell forever. The product life cycle (PLC) is the course that products and service sales and profits take over their lifetime. It has four stages. The four stages from an S shaped curve are usually described as introduction‚ growth‚ maturity and decline. Each stage has a number of particular features in terms of cost‚ sales profit and competition. 1. introduction
Premium Marketing
& INNOVATION MGT 611 EMERGING INDUSTRIES & MANAGEMENT TECHNOLOGY. DATE: 15TH JULY‚ 2011 INTRODUCTION Technology is a greatly dynamic field. Tools and systems of technology are constantly and ever changing. New ideas and innovations are coming up every other hour. The think tank of new technologies never sleeps. Needless to say‚ users of the same are always on the lookout for newer‚ better‚ cheaper and easier to use systems and tools of technology; those that offer faster and more convenient
Premium Strategic management
of a company is also vital to achieve success for the overall company. This includes things such as the various departments‚ like human resources and the technology departments. Since many companies fail at adding these values to their company it results in an overall loss in profit. Subsequently‚ the value of actions in the value chain fell short of the values that the companies had to offer. Due to the increase in internet users‚ there has been a great lack in books and newspapers since the value
Premium Publication Mass media Publishing
STAGES OF INDUSTRY LIFE CYCLE A concept relating to the different stages an industry will go through‚ from the first product entry to its eventual decline. There are typically five stages in the industry lifecycle. They are defined as: i. Early Stages Phase - alternative product design and positioning‚ establishing the range and boundaries of the industry itself. ii. Innovation Phase - Product innovation declines‚ process innovation begins and a "dominant design" will arrive. iii. Cost
Premium Inflation Soft drink
CHAPTER 7 COMPETITIVE ADVANTAGE IN TECHNOLOGY INTENSIVE INDUSTRIES Frank T. Rothaermel ABSTRACT This chapter introduces the reader to the meaning of competitive advantage and posits that a firm’s strategy is defined as the managers’ theory about how to gain and sustain competitive advantage. The author demonstrates how a firm creates its competitive advantage by creating more economic value than its rivals‚ and explains that profitability depends upon value‚ price‚ and costs. The relationship among
Premium Strategic management
digital technologies on the music industries In recent years‚ digital technologies have changed dramatically‚ consequentially having a significant impact on the music industry‚ who have been forced to alter their methods of production; to counteract the increased fickleness of music audiences‚ whose tastes are ever-changing and seek instant gratification. The evolution of the music industry has been acutely influenced by the developments in technology. It could be argued that technology has been
Premium Management Internet Strategic management
I. Technology in the healthcare industry today and its impact The state of technology in the healthcare industry is that it is developing very rapidly. 10 or 20 years ago‚ you wouldn’t be able to find very many computers or technology at a typical doctor’s office. Most of the stuff was done with analog equipment and manual paperwork. Now‚ if you go into a doctor’s office‚ you will find it laden with advanced technical equipment and computer technology. You may not even find a pen or pad on the doctor’s
Premium Health care Medicine Health care provider