China Hospital Development and Investment Report‚ 2014-2017 Synopsis China hospital industry has been developing quickly in recent years‚ thanks to the market demand stimulus and steady progress in health care reform. The number of Chinese hospitals grew at a CAGR of 6% in 2011-2013‚ higher than 2.26% in 2005-2010. The revenue of China hospital industry jumped at a CAGR of 23.6% in 2011-2013‚ and it is expected to maintain the growth rate of over 20% and hit RMB4.07 trillion in 2017. At the same
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Competing values in the culinary arts and hospitality industry Leadership roles and managerial competencies Michael W. Riggs and Aaron W. Hughey Abstract: It is important that education and training programmes align with the needs of the professions they are designed to support. The culinary arts and hospitality industry is a vocational area that needs to be examined more closely to ensure that the skills and competencies taught are those that will actually be needed when students matriculate
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0 Introduction China introduced market reforms in the early 1980s; only a third of the economy is now directly state-controlled. Since joining the World Trade Organization in 2001‚ China has rapidly become an economic force‚ doubling its share of global manufacturing output and creating a commodity-market boom. In 2004 China became the largest exporter of information and communication technology (ICT) exports. In China‚ the Hi-tech industry‚ that includes software industry is a recent phenomenon
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Nursing Shortage and Nursing Turnover Nursing shortage is a phenomenon that is affecting nurses and the provision of adequate patient care in today’s health care industry. Nursing shortage is said to occur when the demand for employment of nurses is far greater than the number of nurses willing to be employed at that time (Huber‚ 2010). According to the American Association of Colleges of Nursing (A.A.C.N.)‚ “the nursing shortage is expected to increase as baby boomers age‚ and the need for health
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Current issues in Hospitality 1 of 3 In this report I am going to research how healthy eating affects the hospitality industry. I will use a number of different research methods to see how much my issue has changed the industry. I will also state why I chose this issue and will justify my reason for my topic. Within this report I will describe the 7 different types of research I will use; • Intervention • Non-intervention • Action research • Primary sources of information • Secondary sources
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A high inventory turnover ratio is sometimes not a good thing for it reveals that the company may not have enough inventories to sell. People can analyze inventory turnover ratio with days in the inventory ratio. Nordstrom’s inventory turnover ratio in 2014 is 5.15 times which means the company turns over its inventory into sales 5 times a year‚ and the ratio in 2013 is 5.35 times. By comparing the inventory turnover ratio from 2013 with the ratio form 2014
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1. Briefly explain the functions and key characteristics of each of the above noted sectors of the hospitality industry and related industries Accommodation: the key characteristics of a resort manager is to ensure reception is ran appropriately‚ opening and closing at correct times‚ with high levels of customer service during all hours of business. A resort manager must be actively involved in recruitment and compile with department rosters‚ and most of all must implement work place health and
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assignment on Analysing Tourism & Hospitality in Business Abstract Business environment in now a days is too competitive though in different countries tourism and hospitality industry is growing very fast. As a result‚ tourism and hospitality industry holds approximately 5 percent of total production in the world. Therefore‚ various association in tourism and hospitality are trying to grip largest market share and increasing their market place. UK hotel & tourism industry has been developing fast. According
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Chapter 7 Question reviews: 1: Why do hospitality firms need to advertise? What factors should be considered when planning an advertising strategy? Hospitalities firms advertise for a number of reasons: Advertise reach a vast audience. Advertising is relatively inexpensive. Advertising prompts audience response Advertising demonstrate competiveness 2: what types of media are available for print advertising‚ and what are the advantages and disadvantages of each type? Print advertising:
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|2005 |2006 | |Inventory Turnover Ratio |0 |1.11 |0.097 |0.085 |0.696 | |Average No. Days Inventory In Stock |0 |328.9 |3742.72 |4301.69 |524.56 | Interpretations: Short Term Activity ratios calculate the operational efficiency regarding the utilization of short term assets Inventory Turnover Ratio: The ratio tells about how many times Inventory turnover is made or complete in a given year
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