Research Paper: MEANING OF TOURISM DISTRIBUTION CHANNEL -is an operating structure‚ system‚ or linkage of various combinations of organizations through which a producer of travel products describes‚ sells‚ or con firms travel arrangements to the buyer. 1.2 Channels of Distribution -are similar to those of other basic industries such as agriculture or manufacturing. Their products flow to the ultimate consumer through wholesalers‚ distributors‚ and middlemen. While there
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| | | | Fear of Disintermediation: A Study of marketing managers perception across the industries | |Introduction: |
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the opportunities to its customers to buy and sell different things without any hassels ! Q2. Explain the term disintermediation. Why is disintermediation so important to Dell’s success? Disintermediation: The term was originally applied to the banking industry in 1967. It was later applied more generally to "cutting out the middleman" in commerce In economics‚ disintermediation
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Deregulation Privatization Heightened competition Industry convergence Retail transformation Disintermediation Consumer buying power Consumer participation Consumer resistance Deregulation is the act or process of removing or reducing state regulations. It is therefore opposite of regulation‚ which refers to the process of the government regulating certain activities. Disintermediation: Intermediation is the removal of intermediaries in a supply chain. Instead of going through traditional
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the concepts of disintermediation and reintermediation with reference to a particular industry‚ what are the implications for a company operating in this industry? 5. e-business involves re-evaluating value chain activities. What types of changes can be introduced to the value chain through e-business/ Essay and discussion questions 1. Disintermediation and reintermediation occur simultaneously within any given market: Discuss. Examination Questions 1. Explain disintermediation and reintermediation
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(2001)‚ ``Developing an online access strategy: issues facing small- to medium-sized tourism and Crouch‚ G.I. (1994)‚ ``Demand elasticities for short-haul versus long-haul tourism’’‚ Journal of Travel Research ‚ Fong‚ C. (2001)‚ ``Perception of disintermediation: a study of Hong Kong travel agencies’’‚ MBA dissertation‚ Hong Kong Tourism Board (HKTB) (2002)‚ A Statistical Review of Hong Kong Tourism 2001‚ HKTB‚ Inkpen‚ G. (1998)‚ Information Technology for Travel and Tourism ‚ Longman‚ Singapore. Law
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nobility goes largely unnoticed. The insurance brokerage industry is struggling to demonstrate the true value of services as a trusted risk advisor and solidify the broker’s role in the client’s value chain. This lack of value recognition and the disintermediation through technology will push clients to inferior substitutes. In the current brokerage model‚ brokers carry out a lot of behind-the-scenes work which clients do not fully realize and appreciate. The Temple Consultants designed the Virtual Insurance
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Major Societal Forces Network information technology. The digital revolution has created an Information Age that promises to lead to more accurate levels of production‚ more targeted communications‚ and more relevant pricing. •Globalization. Technological advances in transportation‚shipping‚and communication have made it easier for companies to market in‚ and consumers to buy from‚ almost any country in the world. International travel has continued to grow as more people work and play in other
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Supply Chain Management The supply chain differs for a company that sells a physical product such as furniture‚ from that of a company that sells a service such as cellular services. Though both supply chains differ‚ with powerful strategies both companies were able to achieve the same result‚ profits within the organization. Ultimately for any organization‚ the main goal is to increase profits. Improving the supply chain is one way to reach this goal. According to Schneider‚ "When companies integrate
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same time grooms save between $3‚000 and $5‚000 when proposing. Another reason for their success is the disintermediation where they eliminate the intermediary that operates between the seller and buyer. This way they provide direct service which speeds up the purchasing process and by eliminating the third party commission‚ they decrease the operational cost. Therefore‚ by using disintermediation‚ the Blue Nile’s private EC can afford to sell their high quality products at substantially lower than
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