WHAT ARE THE MICRO AND MACRO ENVIRONMENT AFFECTING MARKETING INTRODUCTION A Business principally is the organized effort by individuals in an organization to produce goods and services and to sell these goods and services in a market place to earn a good profit margin. The operating environment for all organizations whether they are commercial‚ charitable‚ governmental‚ or in the public sector more generally‚ is never static and seldom entirely predictable‚ and can therefore profoundly affect a
Premium Marketing
sociable; I also like to meet new people‚ which is why I have chosen to go into the travel and tourism sector. It is a very diverse‚ dynamic‚ wide-ranged and rapidly growing industry‚ which creates job opportunities for many whether young or aged. There is an increasing range of jobs and career prospects for suitably qualified people. I believe the degree I have chosen is a great foundation for my future career path in the sector. Achieving a well-recognized qualification will give me a variety of different
Premium Management Leadership Personality psychology
Hilton Worldwide in Travel and Tourism - World June 2010 Scope of the Report Travel & Tourism: Hilton © Euromonitor International Scope • This global company briefing forms part of the wider travel and tourism research that covers the following categories: Travel and Tourism Travel retail Tourist attractions Health and wellness tourism Tourism flows and spending Travel accommodation Transportation Car rental Disclaimer Much of the information in this briefing is
Premium Hotel chains Hotel Hilton Worldwide
Elasticity of Demand? * Price elasticity of demand describes how much a change in price will affect the level of demand for a certain product or service. If a certain good or service has high price elasticity‚ demand will tend to fall quickly if the price of the good or service increases and demand will increase quickly if the price of the good or service falls. On the other hand‚ for goods and services with low price elasticity‚ an increase in price will cause a relatively small drop in demand and a
Premium Supply and demand Elasticity Price elasticity of demand
The Authority on World Travel & Tourism Travel & Tourism Economic Impact 2013 World WTTC Travel & Tourism Economic Impact 2013 1 For more information please contact: Rochelle Turner Research Manager rochelle.turner@wttc.org © 2013 World Travel & Tourism Council Contents The Economic Impact of Travel & Tourism 2013 Foreword.................................................................................................................................................
Premium Tourism
Discuss the main factors affecting product pricing in the UK Price – the amount of money which costumer pays for product or service to in order to achieve them‚ or the sum of values that one party exchanges with another to have or use products or services. The main factors which determine price are demand and supply. Demand is a desire of customers to own and the ability to pay for products or use services. Supply is quantity of products or services which are available to sell at the given time
Premium Marketing Economics Pricing
Unit 4- P3 Knowing the customer service skills required to meet customer needs in travel and tourism contexts. Communication skills is important an important part of the travel and tourism industry. It is important to use the appropriate methods of communication for a given situation. Communication takes place face-to-face‚ by telephone‚ in writing electronically (e-mail and fax). Face to face is dealing directly with customers either face to face‚ individually or in a group situation. Dealing
Premium Communication Nonverbal communication Customer service
Challenges and Success factors affecting IT Governance in the Public Sector in Zimbabwe. Introduction There is no doubt that the pace of business change has increased and will continue to do so. It is also true that opportunities for significant incremental business benefit are diminishing and that‚ increasingly‚ organisations are depending on technology to achieve the much coveted but rarely accomplished step change in performance. Today in many public sector organizations‚ the use of IT has
Premium Management
Dear Sir or Madam‚ I am hereby applying for entrance to the Master of International Tourism and Hospitality Management at James Cook University. First of all I would like to present some background information about myself. My name is Alvan. I was born on 8 June‚ 1985 and live in Baku‚ Azerbaijan. I graduated secondary school with Honorary degree and was accepted Bachelor of Journalism in the Baku State University. After graduated university I have been volunteer to Poland for 6 months and
Premium Tourism
Varca‚2004; Winsted‚ 2000). World travel and tourism as one of the world’s largest industries‚ supporting 266 million jobs and generating 9 per cent of the World GDP. Each year the global travel and tourism industry generates several thousand billions U.S. dollars in revenue. According to UNWTO the number of International tourist arrivals worldwide exceeded the one billion mark for the first time in 2012 (appendix 1).
Premium Tourism Tourism Hotel