MARKET AND DEMAND ANALYSIS | In most cases‚ the first step in project analysis is to estimate the potential size of the market for the product proposed to be manufactured and get an idea about the market share that is likely to be captured. To make an idea about these things an in depth study and assessment of various factors like patterns of consumption growth‚ income and price elasticity of demand‚ composition of the market‚ nature of competition‚ availability of substitutes‚ reach of distribution
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Tourism is defined as people traveling and staying in places outside their usual environment for not more than one consecutive year for leisure‚ business and other purposes not interrelated to the exercise of an activity rewarded from within the place visited. Tourism is mainly popular as a global freedom activity. Tourism can bring many economic and social benefits. Countries can promote their self internationally by making their environment pleasant for tourist to appreciate. Promotion of tourism
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[pic] Marketing Strategy and Performance of Tourism Industries in Nepal 1. Concept Nepal is a small land-locked county‚ surrounded by the Tibetan region of China on the north and India on the rest‚ with a total population of 28.6 million in 2009 (World Development Indicators Data Base‚ January 2010)‚ but is one of the growing tourism destinations in Asia. The number of foreign tourists increased greatly from a mere 6179 in 1962 to 176‚634 in 1984‚ 491‚504 in 1999‚ 361‚237 in 2001‚ and 385
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Future of the Pasta & Noodles Market in India to 2018 is the result of Canadean’s extensive market research. The report presents detailed analysis on the Pasta & Noodles consumption trends in India‚ historic and forecast Pasta & Noodles consumption volumes and values at market and category level‚ brand share and distribution channel data. This report brings together Canadean Intelligence ’s research‚ modeling and analysis expertise in order to develop uniquely detailed market data. This allows domestic
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BSHRM2y1-2 1.1Tourism as an academic field of study a.) Obstacles development: The emergence of tourism as a legitimate area of investigation within the university sector is a recent and ongoing development‚ and one that has encountered many obstacles. 1.2Tourism as an academic field of study >Tourism perceived as a trivial activity >Large-scale tourism as a recent activity >Tourism perceived as a vocational field of study >Lack of clear definitions and reliable data >Lack of indigenous
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The Government of Nepal has declared to celebrate the year 2011 as "Nepal Tourism Year 2011" and has lunched the slogan "Together for Tourism" for it. The tourism trade Organizations and the stake holders like us have already accepted the Program and are eagerly awaited to welcome the targeted One Million Foreign Tourists and the Internal Tourists in similar numbers. The whole year will be celebrated by exposing the History‚ Culture‚ Nature and Adventure of the country. Visitors can observe various
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The objective of such an analysis is to investigate how the organisation needs too form its strategy in order to develop opportunities in its environment and protect itself against competition and other threats (Lynch‚ R 1997). The report will use the Porter Model to give an idea what kind of influences exists and how a company can deal with it. Fig. 3 Porter′s Five Forces Model Bargaining power of suppliers Source: see Chapter 7 To what extend have the suppliers of NEXT power over the company
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Oct 4‚ 2014 – Mumbai‚ India : Marketreportsonindia.com presents a report on “Organized Retail Market in India 2014-2018” covers the present scenario and the growth prospects of the Organized Retail market in India for the period 2014-2018. Organized retailing is the process of selling goods or merchandise all under one roof in a fixed location such as a departmental store‚ hypermarket‚ supermarket or even a convenience store. Organized retail also includes internet retailing‚ which is the process
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Impacts From Tourism Change or loss of indigenous identity and values Tourism can cause change or loss of local identity and values‚ brought about by several closely related influences: Commodification Tourism can turn local cultures into commodities when religious rituals‚ traditional ethnic rites and festivals are reduced and sanitized to conform to tourist expectations‚ resulting in what has been called "reconstructed ethnicity." Once a destination is sold as a tourism product‚ and
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Page 2 Macro Environment Page 2 Competitive Forces in the Tourism Industry Page 4 Conclusion Page 6 References Page 6 Introduction: This paper will be dynamically examining the tourism industry during the 2000s. It will begin by using the PESTEL framework to analyse the macro environment and determine which factors drive the competitive forces within the industry. Following this‚ Porter’s Five Forces model will be used to analyse the actual competitive forces at work within the industry
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