macro-environmental(external marketing environment) factors that have an impact on an organisation. The result of which is used to identify threats and weaknesses which is used in a SWOT analysis. PESTEL stands for: * P – Political * E – Economic * S – Social * T – Technological * E – Environmental * L – Legal Lets look at each of these macro-environmental factors in turn. All the external environmental factors (PESTEL factors) Political Factors These are all about how and to what
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Assignment 2: Factors Affecting Marketing Strategy BUS 510 – Consumer Behavior February 23‚ 2014 Factors Affecting Marketing Strategy While at a local women’s retail store‚ came across an interesting leather necklace that caught my attention. As I moved closer to view the item‚ I was sure the accessory belonged to one of the popular designers and was quite expensive. Once I reached the shelf were the item was display; I saw the designer name “Heaven’s Creations”; an unknown product designer. The
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“FACTOR AFFECTING THE 2010 HRM GRADUATES IN CHOOSING A JOB” Introduction: A person enters working life with intention to achieve something‚ to try new activity or just to follow the common logic: school work. Work has different meaning for different people‚ and they do it for different reasons: for someone it is achieving a particular status‚ for someone it is achieving a certain level of financial stability‚ and for someone it is an attempt to realize personal potential. Somehow everyone goes
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59 Pakistan Economic and Social Review Volume XLI‚ No. 1&2 (2003)‚ pp. 59-75 ANALYSIS OF FACTORS AFFECTING FOREIGN DIRECT INVESTMENT IN DEVELOPING COUNTRIES BUSHRA YASMIN‚ AAMRAH HUSSAIN and MUHAMMAD ALI CHAUDHARY* Abstract. This study has analyzed the volume and determinants of Foreign Direct Investment (FDI) in developing countries of the world. The analysis was based on a sample of 15 developing countries with 5 each from upper middle‚ lower middle and lower income countries. In general
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Environmental Scanning Political This factor is normally affected by the strategy or agreement of government. In Hong Kong‚ not only the local government will affect the hospitality‚ also the China government. We analyze that there are two political issue which increasing the Hong Kong inbound tourism and business between foreigner to China. They are Closer Economic Partnership Arrangement (CPEA) and World Trade Agreement (WTO). China government opened the market to the world and accepted the transaction
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interviewing some staff that also working in the property‚ the effects that influence the staff‚ the customer and the management itself‚ then consider few points of recommendation and conclusion about the issue. There is always a major issues in a hospitality industry‚ because in a property such as hotel or resort‚ there are a huge range of department such as housekeeping‚ food and beverages and front office‚ each department has their own function to aim and achieve a same goal which is maintain the brand
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Q1: (a) INTERNAL FACTORS AFFECTING BUSINESS ENVIRONMENT: Companies must endure economic recessions‚ competing businesses stealing their market share and dips in their stock price. However‚ these external factors are not the only problems businesses face. Companies must deal with internal factors as well. Internal issues can create just as many problems as external ones. Sometimes‚ the two types of factors are linked. Employees : The caliber‚ attitude and work ethic of a company’s employees are
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MANAGEMENT IN THE HOSPITALITY INDUSTRY ‚ By: Saunders‚ Ian W.‚ Graham‚ Mary Ann‚ Total Quality Management‚ 09544127‚ 1992‚ Vol. 3‚ Issue 3 Database: Academic Search Premier TOTAL QUALITY MANAGEMENT IN THE HOSPITALITY INDUSTRY Abstract Total quality management (TQM) has achieved notable success as a philosophy of management in manufacturing industry. This paper examines the differences between the manufacturing situation and that of service industry in general and the hospitality industry in particular
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Title: Study the Challenges of Information Technology on Sustainable Hospitality Industry Supervised By: Muhammad Zafar Saeed Prepared By: Students Name Reg. no Waseem Ahmed 1211-934 Batch # (ADHM) 33 Advance Diploma in Hospitality Management Acknowledgements The researcher is deeply grateful to God Almighty first and also to our parents for their utmost support. We would also like to express our gratitude to the following people who gave generously of their time and advice to
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Concrete is a composite product obtained artificially by hardening of mixture of cement‚ sand‚ gravel and water in pre-determined proportions. When these ingredients are mixed‚ they form a plastic mass which can be moulded in desired shape. It gets hardened into hard solid mass. Water is one of the important ingredients of concrete. This is required not only for chemical reaction‚ but also for curing purposes. The chemical reaction of cement and water‚ in the mix‚ is relatively slow and requires
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