Marketing MK 201 Marketing of Four Seasons Hotel Shanghai Lecturer: Kathryn Medico Student: Lu Yizhi [ luyi080789 ] Duy Hung Pham [ phdu271188 ] Class: 2A March 12th ‚ 2012 Acknowledgement For the successful completion of our report‚ we would like to express our deep gratitude to all the people who give us help and advise. First and foremost‚ we are going to give our appreciation to Mr. Wang‚ the Assistant Sales Director of the Four Seasons Hotel Shanghai. He spent his
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Introduction The notion of the ‘value chain’ was first created by Michael Porter. The concept of having a value chain in any business is for it to develop a sustainable competitive advantage in the industry that it operates in. All organizations entail various activities that link together to create the value of the company‚ and together these activities form the organisation’s value chain. The Value chain of any industry always begins with the production of raw materials and ends when the final
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VALUE CHAIN MANAGEMENT AND THE CONSUMER PRODUCTS INDUSTRY CHAPTER 1 INTRODUCTION Background Value chain management applies to business-to-business commerce‚ but in today’s modern day market places‚ it is seen that consumers are not taken into consideration under three circumstances: when manufacturing a product‚ the service experienced at a retail store‚ or what values a consumer relates the product towards‚ and guarantee a return purchase. The business-to-business value chain management
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Introduction The value chain‚ or known as value chain analysis‚ is a concept from business management that was first described and popularized by Michael Porter. (Porter) Most of business strategy is to achieve a sustainable competitive advantage. Cost advantage and differentiation advantage are the two basic types of competitive advantage. Cost advantage can be obtained when the firm is able to deliver the same benefits as competitors‚ but at a lower cost‚ while differentiation advantage is
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The Brand Value Chain A value chain is the whole series of activities that create and build value at every step Definition: A value chain is the whole series of activities that create and build value at every step. The total value delivered by the company is the sum total of the value built up all throughout the company. Michael Porter developed this concept in his 1980 book ’Competitive Advantage’. Description: The significance of the value chain: The value chain concept separates useful activities
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Value chain analysis refers to a set of value creating activities‚ ranging from raw materials to marketing or producing a product or service and distributing it to the final consumer. Currently in present-day context‚ firms turned to outsource certain resources to reduce their cost of the product. This corporate value chain framework can be used for identifying competitive advantage methods of displaying and categorizing activities to contribute positively to the firm’s competitive strategy. If it
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The Four Seasons In the beginning‚ the Earth was ruled by the king of the sky. He lived in a palace made of frozen moonbeams. His palace was surrounded by a wall of lightning. The gates to his palace were rainbows. The sky king could see all of the trees of the Earth from his throne in the clouds. They rose out of the fog that surrounded the Earth like a veil‚ towering above the other creatures like giants. The trees would tell him stories about what the other creatures were doing beneath the
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Value Chain Analysis The value chain is an internal analysis that is used to examine the development of competitive advantage and to identify the value creating activities of the company. It also can add the value of the company’s products and services. Figure 2.6 Value Chain Analysis PRIMARY ACTIVITIES 1. Inbound logistic Maxis Telecommunication tried to provides many kinds of services for customer. Maxis receive Voice Messaging system from Tecnomen through network system. The software
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Four Seasons’ Strategic Choices A company’s strategy can be identified by figuring out what business approaches and actions the company undertakes. Thompson et al. (2009) outline the key elements to look for in the process of understanding a company’s strategy. Four Seasons’ differentiation based focused strategy is evident from the organisation’s strategic actions. Sharp’s decision to build on high-end luxury and modern amenities so as to outdo the old grand hotels (p.3‚ para.3) is an example of
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BUSINESS RESEARCH METHODS Value Chain Analysis Submitted by: Team No: 10 Akanksha Jha 129278082 Anisha Khushlani 129272005 Deepthi Sunil 129278095 Pulak Kusumwal 129272003 Sri Ramya 129278034 Vanathi M.C 1292780 Submitted by: Team No: 10 Akanksha Jha 129278082 Anisha Khushlani 129272005 Deepthi Sunil 129278095 Pulak Kusumwal 129272003 Sri Ramya 129278034 Vanathi M.C 1292780 Infosys About the company: Infosys
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