Niche marketing is a concept that engages a specific target market; youth from 18 to 30 is a specific market segment. Appealing to this niche market varies depending on many factors: available activities‚ affordability‚ location‚ benefits‚ and popularity. The younger generation is a continuously growing market that has huge potential to integrate with the hospitality industry. It is apparent when observing how the hospitality industry focuses on appealing to the younger generation that this is an
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Technological Design Mr. Wadowski Orthographic & Isometric Drawing Lesson TOPICS Working Drawings‚ Isometric Drawings & Orthographic Drawings Glass box concept Multiview projection Orthographic projection of point‚ line‚ plane‚ surface and object. Line convention (The meaning of lines in Orthographic Drawings) TOPICS (continued) Working Drawings Scaled Drawings Dimensioning Drawing with a Miter Line Practice Worksheets Working Drawings The final stage of illustrating
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that any development intervention that do not take the needs‚ conditions‚ aspirations and aims of the populace into considered can be considered as myopic. Since planning is concerned with the future‚ policy makers and planners require justified projections which provide information about the future size‚ structure and distribution of the population. Therefore effective development planning depends upon the natural knowledge of the composition‚ growth and movement of the population. It is therefore
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Methods of Projection I. Arithmetic Straight Line Yc = a + Yi – 1 Where: Yc = initial Value (1st year) Yn = Final Value (last year) N = number of years Yi = value for the year past a = Yn - Yc N – 1 = 5975147 – 5413182 5 – 1 = 140‚ 491.25 Historical Values | |Y |a |Yi – 1
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A budget projection is an estimate of a company’s anticipated revenues and expenses for the next 12 months. It can also be used as a basis for determining future budget decisions‚ revisions and adjustments when necessary. A true business’s potential is revealed by an accurate budget‚ and to arrive at there‚ a budget projection is required. Budget projections are useful as they aid in the preparation of a business plan‚ allows companies to compare the projected budget against actual financials
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TREND PROJECTIONS: Seasonal Variations with Trends * is essentially concerned with the study of movement of variable through time. * requires a long and reliable time series data. * is used under the assumption that the factors responsible for the past trends in variables to be projected will continue to play their part in future in the same manner and to the same extend as they did in the past in determining the magnitude and direction of the variable. Limitations: * The first
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Map Projections A way of representing the earth’s curved surface on a flat surface of map is known as map projections. A globe represents the most accurate position‚ place of different things present on earth but a globe is not practical for many of the functions for which we require a flat map. Map projections help us to represent most of the earth’s surface at a wide variety of scales‚ on a flat‚ easily transportable surface. A globe is the true representation of distance‚ direction‚ area‚
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financial projection essential element of planning that is the basis for budgeting activities and estimating future financing needs of a firm. Financial projections (forecasts) begin with forecasting sales and their related expenses. The basic steps in financial forecasting are: (1) project the firm’s sales; (2) project variables such as expenses and assets; (3) estimate the level of investment in current and fixed assets that is required to support the projected sales; and (4) calculate the firm’s
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trTREND PROJECTION Nishita Lodha 10050221103 TREND CHANGES Built-in Machines Hideaway Appliances- it means an increased emphasis on small or odd shaped appliances. Blend in with the rest of the kitchen – has “panels that match the cabinetry in such a smooth‚ flat line that it’s really hard to tell the appliances are even there‚” according to Briggs. Culinary Quality Cooking Appliances – appliance fit for gourmet kitchens and make a nice pair with a kitchen island for -style cookand-dine
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Financial Projection Use fund Start-up Expenses First month (RM) First 6 month (RM) Salary- CEO 1‚800 10‚800 Salary- 5 Staff 7‚500 45‚000 Advertising- Newspaper 450 2‚700 Advertising- Magazine 800 4‚800 Brochure fees 120 720 Promotion- Coupon 6‚500 8‚500 Promotion- Discount 5‚000 7‚500 Web site registration and maintenance fee 300 1‚800 EPF 1‚116 6‚696 SOCSO 163 978 Rental 45‚000 120‚000 Insurance (Company) 250 1‚500 Legal fees 200 200 Registration for Business License 150 150 Business
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