Revenue Management WorkShop 1 Module Name: Planning 2011-2012 WS Objective After attending workshop 1 you should be able to: Provide examples of market segments and sub segments; Explain the relation between segmentation and revenue management; Describe the role of price fencing within revenue management; Describe various terms & conditions used within revenue management; Explain the relation between price‚ purchase conditions & availability; Explain the factors that influence
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AVOIDING CROSS-CULTURAL MISCOMMUNICATION Abstract International business has been developing fast in the globalization. We can see Chinese businessmen in most of places in the world‚ from Africa to America‚ and many 2 foreign companies are investing in China‚ vise versa. I‚ a Vietnamese woman‚ am working for Korea National Oil Corporation (KNOC) in oil and gas field in Vietnam where lots of foreign oil and gas corporations are operating such as KNOC‚ Halliburton‚ Schlumberger‚ BP‚ and Premier.
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CASE 46 The Hilton—ITT Wars Professor William Z Ripley of Harvard‚ the leading authority on corporations in the 1920s‚ warned President Calvin Coolidge that "prestidigitation‚ double-shuffling‚ honeyfugling‚ hornswoggling‚ and skulduggery" were threatening the entire economic system. Plus Ca change‚ plus c ’est la même chose.’ —Rand V Araskog‚ CEO of ITT Surprised by the announcement of ITT Corporation’s (ITT) restructuring proposal‚ on July 17‚ 1997‚ Matthew J. Hart‚ the chief financial officer
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Hilton Hotels Corp. Customers satisfaction - problem is taken care of by hotel staff and the flawless stay. Late 2003‚ Hilton spent a whooping $50 Million on a customer information system. The customer information system – OnQ. Part of 2 year old customer relationship management strategy. “Reason for being”‚ “100% percent customer satisfaction” and “Customer really matter” – Hilton Hotels Corp hospitality. OnQ 70% custom coded system. Custom components - Property management system‚ CRM
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2. SURVEY OF TECHNOLOGIES Several technologies were used while developing this project. These include: HTML stands for HyperText Markup Language. It allows all types of computers to interpret information on the World Wide Web (WWW) in the same way. HTML is a series of tags. HTML codes can be written in upper or lower case‚ are enclosed in brackets “<>”‚ and sometimes occur in pairs that surround text you are coding for special treatment much like parentheses or quotation marks. The
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Importance of Cross-Cultural Training for Expatriates As soon as an employee is chosen for an overseas position‚ cross-cultural training turn into a key step in the process of preparation for the desired foreign effectiveness. Cross-cultural training is considered the primary instrument for supporting successful cross-cultural interaction and dealings.. The training is presented to an organization after a decision has been made to send an employee or a manager abroad for an overseas assignment‚
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A respected and well known corporation no doubt would be Nike. In order to save money and cut expenses Nike has outsourced its labor outside of the United States. Production and labor cost are indeed a lot cheaper outside of the United States. Nike had factories located in China‚ Vietnam‚ Indonesia‚ and Mexico due to the cheap cost of labor in those countries. In the 1990s Nike was criticized for child labor in Cambodia and Pakistan. The accusations claimed that children were being used to do
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Saint Michael’s College of Laguna Institute of Computer Studies “Inventory Product System” (A project proposal as a partial fulfillment For the requirements of CS4A – System Analysis and Design) Submitted by: Gene Oliver Aguilar Alvin Kyle Ami Adrian Del Prado Mark Jayson Valeña Jess Emil Dom Henry Talape Submitted to: Mr. Ronaldo Albaytar I. Project Description Inventory Product System is a software application which you can use to see and view the inventory of products. It is designed
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Brian Lowe Case: Hilton 1. If the company had dropped product 103 as of January 1‚ 2004‚ what effect would the action have had on the $158‚000 for the first six months of 2004? The variable costs associated with product 103 will go away when the product line is eliminated. However‚ the fixed costs will remain and be spread over the other two programs. In order for the company to consider eliminating the product‚ the variable costs removed must be greater than the product sales. -------------------------------------------------
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1). Intercultural communication focuses on “sharing of meanings” across cultures‚ whereas cross-cultural communication focuses on comparisons of communication styles. Using a variety of academic sources‚ evaluate both of these theories to determine which is the most useful for developing effective communication with people from other cultures. You may also draw on personal experience in the development of your argument. Everyone in this world is in one way or another influenced or affected by culture
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