share‚ profitability‚ segments they focus which is required for business and competitor intelligence needs • Contains a brief study of the major internal and external factors affecting Hotels in the form of a SWOT analysis as well as analysis the PEST analysis and Porters 5 force analysis to understand the criticality of the business. MAJOR PLAYERS The major players in the Indian hotel industry can be broadly divided into private sector players and the public sector players. The Top Players in Hospitality
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Political- Relates to changes in government influence and can have huge significance for companies. Changes in the priorities for public spending or the UK ’s relationships with other countries can open or close major markets. Political changes are closely tied up with legal changes. Laws are continually being updated in a wide range of areas‚ e.g. consumer protection legislation‚ environmental legislation‚ health & safety and employment law‚ etc. Employees should be notified of all legislation
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Political Factors: 1. Regulation in the labour market in Sweden‚ Latvia‚ Germany‚ Brazil and China‚ such as Labour laws‚ working hours‚ termination notices 2. Regulation of the environmental legislation‚ such as pollution issues management 3. Regulation of quality issues‚ such as safety‚ environmental friendly 4. Regulation of the strategic alliance in different countries‚ such as joint venture‚ acquisition 5. Taxation regulations to different countries 6. Trading policy‚ agreements‚ contract
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PESTEL analysis of the macro-environment There are many factors in the macro-environment that will effect the decisions of the managers of any organisation. Tax changes‚ new laws‚ trade barriers‚ demographic change and government policy changes are all examples of macro change. To help analyse these factors managers can categorise them using the PESTEL model. This classification distinguishes between: • Political factors. These refer to government policy such as the degree of intervention in
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HR Practices and HR Policies - RELIANCE COMMUNICATION Introduction Competitive advantage of a company can be generated from human resources (HR) and company performance is influenced by set of effective HR practices. Under present market forces and strict competition‚ the Telecom companies are forced to be competitive‚ Telecom companies must seek ways to become more efficient‚ productive flexible and innovative under constant pressure to improve results.
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PEST ANALYSIS | | Political | Economical | * Although my parents upbringings were very different in terms of location (my father in Britain‚ my mother the Philippines) both grew up under controversial political powers. My father under the conservative influences of Margaret Thatcher and my mother under the notorious dictatorship of President Ferdinand Marcos and his wife Imelda. * Because of my grandfathers successful career for which he was rewarded with financial comfort‚ his political
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Political Singapore government has always been in favour of the tourism sector. In fact‚ Singapore Tourism Board (STB) launched a $90million BOOST (building on opportunities to strengthen tourism) for the tourism sector). The initiative help pushed the industry through tough times by assisting MICE (Meetings‚ Incentives‚ Conventions‚ Exhibition) companies to alleviate their business costs (Singapore Tourism Board‚ 2009). Not too long ago‚ the Singapore government cooperated with Indonesia to develop
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Self Reliance The summer of 1845 found Henry David Thoreau living in a rude shack on the banks of Walden Pond. The actual property was owned by Ralph Waldo Emerson‚ the great American philosopher. Emerson had earlier published the treatise entitled "Nature‚" and the young Thoreau was profoundly affected by its call for individuality and self-reliance. Thoreau planted a small garden‚ took pen and paper‚ and began to record the of life at Walden. Thoreau’s experiment in deliberate
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Chapter – 1 Introduction - Company Profile The name Reliance is synonymous with success‚ a story as unique as its founder Dhirubhai H. Ambani‚ who built the Reliance empire from an initial capital of just $300. It is a story of dreams becoming reality‚ of vision igniting passion‚ and an Indian enterprise transforming itself into a global conglomerate. Today‚ Reliance Industries Limited‚ led by its Chairman and Managing Director Mukesh D. Ambani is India’s largest private sector company in all
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. PEST Analysis Political Few countries can compete with the Philippines when it comes to corruption which surprisingly involves the bookstore industry by way of the Bureau of Customs‚ according to Robin (2009) in his article “The Great Book Blockade”. Unfortunately‚ the customs official took their corruption to the shipping of books ever since the success of the international best seller book‚ Twilight by Stephen Meyer. When of the examiners of the customs official opened a shipment of books
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