The business related topic chosen to discuss is how cruise liners run a hotel at sea. In this text there will be a discussion into one cruise line in particular. This cruise line has a history of 47 years of bringing traditional cruising to New York City‚ it was the first cruise liner to introduce freestyle cruising. This is the largest vessel to homeport in the city. The chosen cruise liner is called the Norwegian Cruise Line. This cruise line has a fleet of 13 ships in total. In this academic research
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premium segment of the hotel industry. We have carried out Porter’s Five Forces Model analysis of the premium segment of the hotel industry and compared it with some industries like IT‚ Cement and Textiles which have shown growth potential in recent times. This has been carried out to give an idea of the forces relative to other industries for an investor. Next‚ we identified some of the dimensions of strategy for the industry and analyzed the major players in the industry based on these dimensions
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consider the rewards of a cruise vacation. As opposed to just staying at the resort you are visiting‚ you could be visiting a different country almost every day. Even with time restrictions while in ports of call‚ cruiseship vacations are fun and educational because you can visit four countries in seven days. From weekend getaways to world cruises‚ there is a cruise available that will fit within your vacation schedule. Although the three and four day “getaway cruises” are very popular‚ the
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- The Bahamas tourism industry is not only a valuable contributor to the economy of the Bahamas‚ but a significant contributor to employment sector of the Bahamas as well. The tourism industry contributes over 3.5 million dollars to the economy annually and employs more than 50‚000 people. Developing a strong and sustainable tourism industry will ensure growth in employment. A ten year tourism plan will help to protect the jobs of the 50‚000 Bahamians who are directly and indirectly employed
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Carnival Cruise Ship Triumph Brenda Wells BCOM/275 October 14‚ 2013 Kimberly Boyd Carnival Cruise Ship Triumph Carnival Cruise Ship Triumph caught fire February 10‚ 2013 leaving 4‚200 passengers stranded with poor living conditions. Many people were affected by the ship’s fire including the passengers‚ crew‚ and family members at home. The company faced many future issues such as loss of future passengers‚ employee relations‚ and government scrutiny of the fleet’s future safety. The
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Tourism Industry of Bangladesh Term Paper International Business BUS 301 Submitted on: 20th July 2014 Letter of Transmittal 20th July 2014 Sub: Submission of term paper for completion of academic course Dear Madam‚ This is to inform you that we have completed our term paper on Tourism Industry of Bangladesh for the Summer 2014 semester as a requirement of our academic course International Business (BUS 301). The report encompasses on the functioning‚ organization
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Firms in the textile industry can compete using pricing or non-pricing strategies. Pricing strategies involves the use and manipulation of prices to increase market share and reduce potential and existing competition in the textile industry. Non pricing strategies on the other hand refer to all the alternatives‚ excluding price‚ that a firm uses to achieve the same objectives. One of the most common pricing strategies used in the textile industry is the use of limit pricing. This involves a firm
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Shrader Tire / Retread Tire Industry Industry Analysis October 31‚ 2012 Competitive Environment Introduction The retread tire market is extremely competitive market due to the constant technological improvements in the industry and the ever changing Federal and local guidelines they must follow. It is extremely easy to enter the retread market‚ but it is hard to stay competitive in this market. They keep up to date on
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Automobile Industry‚ India Automobile Industry Following India’s growing openness‚ the arrival of new and existing models‚ easy availability of finance at relatively low rate of interest and price discounts offered by the dealers and manufacturers all have stirred the demand for vehicles and a strong growth of the Indian automobile industry. The data obtained from ministry of commerce and industry‚ shows high growth obtained since 2001- 02 in automobile production continuing in the first
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Summary Industry analysis is guide to know the profitability of the fast food industry by as assists us in 1. Understanding the competitive forces in the industry. 2. Assessing the attractiveness of‚ and growth opportunities within‚ a new industry 3. Developing effective strategies to raise your profitability‚ power‚ and competitive position in an industry. Industries are different from each other and to understand the working of industry it is necessary to first solve
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