Porters Five Forces of the Retail Industry I. Supplier Power The bargaining power of Suppliers is relatively low. There is a high competition between suppliers which means that their ability to raise prices or reduce quantity is very low. Suppliers include both domestic and international manufacturers and because many retail products are standardized‚ retailers have low switching costs which make the supplier power low. Larger retailers have power over their suppliers because they can threaten
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Sustainable Development in Hotel Industry by Chandershekher Joshi “Customers’ green attitudes are‚ in general‚ significantly associated with their expressed intentions to visit a green hotel‚ to spread word-of-mouth about a green hotel‚ and to pay more for it.” -- International Journal of Hospitality Management “Eco-friendly hotels get higher consumer reviews than their non-green counterparts.” -- Travelocity Executive Overview Today‚ ‘Green’ or ‘Sustainable’ hotel becomes a buzz world
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Porter Analysis of the Zara Fashion Chain The Zara fashion chain‚ with 546 stores in 30 countries today ?from which 340 are outside Spain- and ?2914‚3 millions of total sales in 2002‚ is undoubtedly the group?s locomotive (Inditex‚ 2003). In 2002 it represented 33% of the group?s total stores‚ accounted for 72% of the group?s total sales and contributed to the holding?s total profits for ?540.4 millions (Inditex FY2002 Results Presentation‚ 2003). Moreover‚ Zara with 75-90 new stores within 2003
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Keywords: cloud computing‚ Quality of Service‚ hotel industry Abstract. This research focuses on the major issues that weigh upon a hotel company’s decision to implement cloud computing. In this study there was a random selection done for 15 hotels (5 hotels five stars chains‚ 5 franchised hotels 3 and 4 stars and 5 local hotels). The aim of this paper revolves to (I) Study and analyze the major issues have an impact on hotel company’s decision to move to cloud computing. (II) Test the current
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hospitality industry‚ there are several we need to keep an eye on but three we need to focus on. Either by collaboration or by competition we must be willing to change and adapt while still maintaining a focus on excellent customer service and staff retention. This is not as easy as it sounds‚ as it is a delicate balance‚ but VITAL if you are in the hospitality industry to stay. When looking at the future and what key findings we should analyze when concerning the hospitality industry‚ there are
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dalken@student.utwente.nl Abstract‚ Porter’s Five Forces model is a powerful management tool for analysing the current industry profitability and attractiveness by using the outside-in perspective. Within the last decades‚ the model has attracted some criticism because of the developing Internet economy. Due to an increasing significance of Digitalization‚ Globalization and Deregulation‚ the industry structure of the ‘Old Economy’ changed fundamentally. The ‘New Economy’ is not comparable with the ‘Old Economy’
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GROWTH OF HOTEL INDUSTRIES IN INDIA Over the last decade and half the mad rush to India for business opportunities has intensified and elevated room rates and occupancy levels in India. Even budget hotels are charging USD 250 per day. The successful growth story of ’Hotel Industry in India’ seconds only to China in Asia Pacific. ’Hotels in India’ have supply of 110‚000 rooms. According to the tourism ministry‚ 4.4 million tourists visited India last year and at current trend‚ demand will soar
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a Medium-sized Electronics Company’ suggests that the TDABC model derived from the traditional ABC model is useful for effectively analysing an organisation’s costs and profitability. The TDABC model would be an effective decision making tool for Hotel Babylon. Article Content This article examines the feasibility of TDABC in small to medium-sized organizations using a pilot implementation of this system in a company called XYZ. TDABC requires two steps of calculation: first‚ the capacity cost
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EVOLUTION OF HOTEL INDUSTRY: Overall Growth in 2005 -2006 OVERALLGROWTH IN 2005 - 06 OCCUPANCY RATE : 2.6% AVERAGE RATE : 23.7% REVP : 26.9% (IN IMR AND 28.1% IN USD) HOTEL: Hotel or Inn may be defined as an establish‚ment whose primary business is providing paid lodging facilities for the general public‚m and which furnishesone or more of the services like - Food & Beverages Services‚ Concierge‚ Bell or Door Attendants Service‚ laundry or Dry Cleaning‚ and use of furniture and
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Porter analysis of Zara Zara fashion chain‚ with 546 stores in 30 countries today from which 340 are outside Spain- and 2914‚3 millions of total sales in 2002‚ is undoubtedly the group’s locomotive (Inditex‚ 2003). In 2002 it represented 33% of the group’s total stores‚ accounted for 72% of the group’s total sales and contributed to the holding’s total profits for 540.4 millions (Inditex FY2002 Results Presentation‚ 2003). Moreover‚ Zara with 75-90 new stores within 2003 takes the lion’s share
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