Programme: BTEC Higher National Diploma (HND) in Hospitality Management Unit Number and Tittle: Food and Beverage Operations Management (Unit 5) Unit Level: L/601/1971 (Level 4) Module Tutor: Dr. Sam Hazra Learner: GERGANA TSAREVA College ID: GT21132 Submission date: 25th March MARCH 2013 PAGE OF CONTENT 1. LO1. Understand different food and beverage production and service systems……………….3 2. 1.1Characteristics of food production…………………………………………………………………………………………3 3. 1.2 Factors affecting
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FORCE | NOTES | LEVEL | THREAT OF NEW ENTRANTS | -Inexistence of legal entry barriers;-High initial investments in the industry;-Existence of economies of scale;-Inexistence of switching costs for costumers. | MEDIUM | THREAT OF SUBSTITUTES | -There are no switching costs for costumers;-High interest in exotic products; | HIGH | BARGAINING POWER OF SUPPLIERS | -European packaging industry is highly concentrated;-There are no substitutes for the packaging input. | HIGH | BARGAINING POWER OF
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Bar and Beverage Management Name: Course: Lesson # 5 Types of Beverage OBJECTIVES Discuss the definition of Alcoholic Beverage To know the Types and Classifications of Wines To know what is mixology To be familiarized with the distilled spirits LESSON PROPER ALCOHOLIC BEVERAGE Any potable liquid that contains 0.05% to 95% of ethyl alcohol by volume is considered as alcoholic beverage. Two Types of Alcoholic Beverage I. Fermented Alcoholic Beverage Fermentation – Is the natural process
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Global forces and the European Brewing industry –Case 1 Table of Contents Introduction……………………………………………………………2 PESTEL……………………………………………………………….2 Porter’s Five Forces…………………………………………………..4 Strengths & weakness of Companies………………………………..5 Impact of Trends on the Companies………………………………..7 Bibliography……………………………………………………………8. Introduction This case shows how global forces have impact on European brewing industry and how these companies are trying to overcome the obstacles. In spite
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through the food and beverage industry redefining how companies grow‚ operate‚ and manage risk. Rapidly advancing technology is driving much of the transformation‚ providing opportunities to explore new ways of doing business‚ and to better understand and engage with consumers. However‚ technology does not come without challenges‚ exposing companies to new areas of risk and vulnerability. And‚ while technology is accelerating the rate of change‚ several other disruptive forces are contributing
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Porter’s Five Forces is a groundwork for industry analysis and business strategy development which was invented by Michael Porter in 1979. Three of Porter’s five forces relates to competition from external sources. The remaining two are internal threats. These five forces include three forces from horizontal competition such as the threat of substitute products or services‚ the threat of established rivals‚ and the threat of new entrants. The two forces from the vertical competition
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2.1 FACTOR OF PRODUCTION According to Porter (2004)‚ factor conditions are factors of production such as labour‚ land‚ natural resource‚ capital and infrastructure. Moreover‚ a disadvantage might be an advantage. Local disadvantages in factors of production force to innovate to over come their problems. This innovation often results in a national comparative advantage. The big number of population in China provides retailers with a huge and cheap labour power. Furthermore‚ according to Day (1996)
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References: Bernard et al‚ (1998) ‘Food and Beverage Management’‚ USA http//www.hotelnovotel Greenwich (2012) http//www.accorhotels.com/business (2012) http//www.barbican.org.uk/share. (2012) overall: you have attempted all the questions in the right basic way. The report lacks academic support/literature
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competitors are 1) Burger King‚ 2) McDonald’s and 3) Whataburger. The first financial ratio calculated was the current ratio. The industry percentage is .93‚ McDonald’s current ratio is 1.14 and Sonic is 1.72. Both companies have ability to pay back their short-term liabilities with their short-term assets. Debt to Equity: McDonald’s: .75‚ Sonic (-172.3) and the industry: 1.00. Sonic’s short-term debt has gone up from 22.9 in 2007 to 57.5 in 2009 and the long term has gone down from 727.2 in 2007
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STRATEGY HUMMAN REURCE AND MANAGEMENT Human resource management is concord with the management of the employees of in organisation. What is human resource management? * HRM is he management process concerned with efficient and effective utilisation of the organisations employees through the development of policies procedure practices so that the objectives of the organisation are achieved in the long term. * SHRM therefore implies that the organisation must have the
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