over the last couple of years. Till the recent past‚ most of the banks had adopted fierce costcutting measures to sustain their competitiveness. This strategy however has become obsolete in the new light of immense growth opportunities for banking industry. Most bankers are now confident about their high performance in terms of organic growth and in realising high returns. Nowadays‚ the growth strategies of banks revolve around customer satisfaction. Improved customer relationship management can only
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INTRODUCTION OVERVIEW OF HOSPITALITY INDUSTRY Hospitality is considered as a service industry‚ serving the guests with "feel-good-effect". "Athithi devo bhavha" (Guest is God) has been one of the major trends followed in Indian culture since decades. In India‚ the guest is treated with utmost warmth‚ full respect and providing the best services. The industry trend shows‚ that Hospitality is one of the fastest growing sectors in India. It is expected to grow at the rate of 8% between 2007 and 2016
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ID Number: 3765990 MGTS 4481: Section 002 Industry Analysis Introduction According to Market Research‚ the packaged food industry “consists of all types of foods and/or beverages found in mass‚ gourmet‚ and specialty markets internationally. These products range from raw ingredients like spices‚ to convenience products like ready-made meals. Packaged foods can be shelf-stable‚ refrigerated/frozen‚ and can be packaged in bags‚ bowls‚ bottles‚ boxes‚ brick packs‚ cans‚ cartons‚ crates‚ jugs‚ packets
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The five competitive forces (Porter’s framework) as applied to this industry McDONALD’S 1. Threat of substitute products Low-Moderate – Availability of the MCD products – Choose MCD for Easting and Entertainment – Narrows Threat of Substitutes due to introduction of local taste products. 2. Threat of new entrants HIGH – Regulation of Limit – Easy Access Market and Low start up cost – Example of SubWay’s market penetration 3. Intense rivalry among existing players HIGH
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Food is a basic necessity. The industry which deals with preparing food items/products refers to the food service industry. The food service industry is and will always remain in high demand because of its genre. Restaurants and fast foods mainly contribute to the food service industry. “Fast food” generally refers to the type of restaurants that sell quick‚ inexpensive take-out food. During a relatively brief period of time‚ the fast food industry has helped to transform not only diet‚ but also
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PESTEL ANALYSIS Political factors - A government that is based on“A healthier you” strategy - Reporting of organic prices - Safety inspections Services ==> Positive impact Economic factors - Increase of 3.9% in the third quarter - Real Personal Consumption expenditures (increase of 3% in the third quarter) - Temporary Personal Income (increase of 6.1% in the third quarter) - European Markets : Weak dollar against Euro‚ increase in the interest rates. ==> Moderate impact Socio-cultural
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Creative food ‚ low calories and healthy food. Food will be created with sensitivity and care. Prices will be competitive with other upscale restaurants in the same area. Spectra is to give a perception of higher value than its competitors through its food‚ service and entertainment. People that have a desire for healthy‚ tasty food and a fascinating atmosphere. Spectra is located in the end of the 90th street in the fifth settlement Parking area flying seats The great atmosphere‚ our excellent
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Course Title: MBA (Full time and Part Time) Module Title: Marketing Futures II Module Number: G106666 Module Tutor: Jackie Harris Date set: Week commencing w/c 8th March 2010 Date due: On or before 20th April 2010 Return to Business School Office Date to be returned: Assignments will be marked within the regulatory 15 workings days and will then be available for collection from your module Tutor Note A re-sit assignment will be set to facilitate grade
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WSU Analysis of the fast food industry Assignment 3 [Type the author name] 6/1/2012 . Analysis Of The Fast Food Industry In the United States‚ fast food is as much a tradition as is baseball and football. Restaurants like McDonald’s‚ Wendy’s‚ Culvers‚ and Burger King have been feeding hungry Americans for years. With the fast pace of today’s workers‚ people need to be able to grab a quick bite on the go without having to
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Industry Analysis of the Fast Food Industry 1. A few of the chief economic and business characteristics of the global fast-food industry are as follows: In the market growth rate the expected food sales is predicted to increase by $208 billion by 2020 with us already being at $800 billion by 2001. Under entry barriers for the fast-food industry the main concerns would be the entry costs‚ location‚ capital cost‚ and licensing. For a business to have success they must have the right location. Under
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