P (political) E (economical) S (social) T (technological) ANALYSIS -is used to identify the external forces affecting an organization. * Political Factors * The basic understanding is when the government implement’s laws and or regulations which affect the way a business operate. * Is used to identify the external forces affecting an organization. It can create advantages and opportunities for organizations. Conversely they can place obligations and duties on organizations
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will be providing a detailed analysis of the existing Budget Hotel market‚ and how to improve the competiveness of the Travelodge UK‚ the second largest Budget Hotel chain in the United Kingdom‚ Second Premier Inn. This report will contain the following‚ a profile of the organisation’s current target market‚ which will include demographic‚ psychographic‚ geographic and behavioural variables. That will then be followed by a well-referenced and well-researched PEST analysis that will highlight the most
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an immense potential for Social CRM. The Hospitality industry flourishes with two essential elements Segmentation and Uniqueness (Mohammed‚ 2012). The Ritz-Carlton has a Customer Loyalty Anticipation Satisfaction System (CLASS). The framework stores guest preferences‚ and alarms the front desk area agents when guest has stayed at another Ritz-Carlton and their likes and dislikes. The information data for the CLASS framework is systematic CRM‚ however by offering access to all front desk area agents
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PEST and SWOT analysis of AirAsias international business operations 1.1Background AirAsia was set up by Dato’ Tony Fernandes in 2001. In December 2001‚ Fernandes and his partners set up Tune Air Sdn Bhd (Tune Air)‚ an airline holding company then bought over AirAsia. Now‚ AirAsia has become one of the most successful airlines in the Southeast Asian region and the pioneer of low cost and no frills travel in Malaysia. The leading low fare airline in the Asia - AirAsia has been expanding rapidly since
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1. Value chain Infrastructure: acquire quality through : - Natural quality (environment) - Material quality (the hotels’ interior design and entertainment activities) - Immaterial quality (quality in services and organization) (www.oecd.org) Pure service performance would diminish the profit. Therefore‚ the organization provides staff training‚ job security and high supervision in order to maintain quality human resource management. Technology such as OnQ forecast management System is
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criteria examples ecological/environmental current legislation future legislation international legislation regulatory bodies and processes government policies government term and change trading policies funding‚ grants and initiatives home market pressure- groups international pressure- groups wars and conflicts Political 1. No significant awareness program around disease education/recognition resulting in lower awareness in policy makers. 2. Orphan disease
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HRM Human resource management is a strategic and coherent approach to the management of an organization’s most valued assets – the people working there‚ who individually and collectively contribute to the achievement of its objectives. Boxall et al(2007) describe HRM as ‘the management of work and people towards desired ends’. John Storey (1989) believes that HRM can be regarded as a ‘set of interrelated policies with an ideological and philosophical underpinning’. He suggests four aspects that
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{draw:frame} PEST Analysis PEST analysis stands for "Political‚ Economic‚ Social‚ and Technological analysis" and describes a framework of macroenvironmental factors used in scanning the external environment to identify the impact of these macroenvironmental factors on the company. For Amber‚ as the case study refers to a circumstance in April 2005‚ we have duly carried out the PEST analysis based on data up to April 2005 to ensure relevance and accuracy. Unstable global geopolitical
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Chapter 4 Knowledge Representation question and answers 1. Consider the following statements a) Reema is a super star. b) All super stars are rich. c) All rich people have fast cars. d) All fast cars consume a lot of petrol. Use predicate logic and inference rules to draw the conclusion “Reema’s car consumed a lot of petrol”. a. List any two knowledge representation techniques. b. Write Modus Ponens rule. c. Define disjunctive normal form with suitable
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1999 Application Summary THE RITZ-CARLTON® HOTEL COMPANY‚ L.L.C. Copyright © 2000 by THE RITZ-CARLTON® HOTEL COMPANY‚ L.L.C. – All Rights Reserved THE RITZ-CARLTON® HOTEL COMPANY‚ L.L.C. at a Glance Products and Services: The Ritz-Carlton Hotel Company‚ L.L.C. develops and operates luxury hotels for others. The hotels are designed and identified to appeal to and suit the requirements of its principal customers who consist of: (1) Meeting Event Planners and (2) Independent Business
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