Explanation on the positive effects of a recession The recession is good for the economy. A recession means that there is a negative growth in GDP in a country during two successive quarters. During a recession people lost their jobs‚ companies go bankrupt and governments run deficits but these effects do not outweigh the positive effects of a recession. Education Education is feeling this sharply – whether you’re a school pupil‚ a university student‚ a teacher‚ a lecturer‚ a researcher‚ a library
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The Great recession of 2008 (Article Review) An economy which grows over a period of time tends to slow down the growth as a part of the normal economic cycle. An economy typically expands for 6-10 years and tends to go into a recession for about six months to 2 years. A recession normally takes place when consumers lose confidence in the growth of the economy and spend less. This leads to a decreased demand for goods and services‚ which in turn leads to a decrease in production‚ lay-offs and
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which could help us in designing the Work-Life Balance policies for employees in Indian Hospitality Industries. The Human Resource Management function has to constantly plan and carry out such policies which enable their employees to balance their personal and professional life. Furthermore‚ the increasing number of Dual Income Single Kid couples and members from nuclear families in the Indian Hospitality Industry has made Work-Life Balance practices necessary. According to (Torrington 2008)‚ the quick
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Impact of global recession and financial management challenges and strategies: For Indian Economy ABSTRACT:- ▪ The world is witnessing one of the most critical changes in global economy‚ communal‚ regional and national conflicts which is the worst recession of the century. This has made an impact on every sector and there is a need to battle these crises with a new mindset. ▪ The current slowdown‚ which world is witnessing‚ is cyclical‚ which happens every 10 years. The last time it
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Hospitality Management 18 (1999) 427}442 Operational issues and trends in the hospitality industry Peter Jones School of Management Studies for the Service Sector‚ University of Surrey‚ Guildford‚ Surrey‚ UK Abstract This article makes some predictions about the future by considering operational issues in the "rst part of the next century. Hospitality operations management is considered at two levels * the "rm level at which strategic operations management takes place; and the unit level
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1. Prepare a brief report based on set task number 1. Investigate the range of hospitality businesses in your district. How many are there? What faction / section of the industry do they cater for? Make notes for a brief report on what you discover? I investigated the range of hospitality business in my district. My district is Midleton area in County Cork. I found six hospitality businesses in my area: Midleton Park Hotel Barnabrow House Ballymaloe House Castlemartyr
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the 2008 Recession Were you affected by great recession? If your answer was “no’’ you must have been one of the winners of the recession‚ such as homebuyers‚ banks or the owner of the major corporations. In other words‚ most of the losers lost their job and money and even sold their homes at the wrong time. During the great recession‚ there are many winners and losers‚ so‚ which side were you on? The winning side or the losing side? Homebuyers were one of the winners of the 2008 recession‚ during
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tourism industry are political or they are influenced by worldwide economic developments‚ or they can be climatic changes. One of the most important factors which affect development of the tourism is global warming. Advances developments in the ICT industry has a deep and intense effect on all our lives and some of these issues‚ particularly the emergence of e-tourism is leading to changes in the structure of the travel and tourism industry. For some organisations in the tourism industry‚ globalisation
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| |3 |Structure of the Indian Cement Industry | |4 |Liberalization | |5 |Phases of Growth | |6 |Performance of the Industry | |7 |Current Scenario
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organisation. Collaboration is a social powered strategy of management. Networking technology has been embraced to ensure highly social benefits and achievements. Today‚ collaboration can be with prospect consumers‚ industry mentors‚ suppliers and at times industry competitors. Benefits of collaboration 1. Faster and easier marketing platform. 2. Wider network of business. This is to produce more products and input knowledge and perspectives from several suggestions. E.g. a
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