market economy is an important factor ‚ greatly affecting businesses ‚ including apparel industry . Economic situations of the world for many years are constantly variable and tend strong recession . Although the businesses are serious impacted ‚ Zara has succeeded in dominating the market and will not be impacted so much by the extraordinary variety of the global economy . The main reason is that Zara is the fashion brand of Spanish ‚ which do not use monetary fluctuation as dollars and use the
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1. What is Groupon and how does it work? What is Groupon’s market? What does this company do and how does it make money? Groupon is an online coupon that allows a customer who subscribes from Groupon.com to purchase or buy a definite service from a local business at a flat discount rate from 50 % to 90 %. A new Groupon is to be sent to the online subscribers each day and it has to be purchased before the specified time limit and it should have a minimum number if the buyers are decided before the
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Homer’s epic poem The Odyssey demonstrates the importance of hospitality to wanderers and strangers by showing numerous examples of how a host and a guest should properly interact with one another. The law of hospitality is first shown when Telemachus felt “mortified” (I.40) at a guest standing at his doors and goes to personally receive them. Hospitality is emphasized by the fact that Telemachus felt “mortified” or great humiliation at a guest not being properly shown in‚ that causes him‚ the prince
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INTRODUCTION Strategic management is known to be a company’s game plan. Which includes the task of crafting‚ implementing and executing a company’s strategies .It is best looked upon as be a combination of planned actions that brings into play the structure of the company for the future. Specializing Strategic management companies are not common in the business environments‚ although it is one of the most important factors in the business industry. Within larger organizations and companies‚ there
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Princeton’s Wordnet defines hospitality as "[the act of] cordial reception: [or] kindness in welcoming guests or strangers." Since the start of this semester‚ we have read about two different journeys in which hospitality plays an important role in fulfilling the destiny of the main character. In Homer’s Odyssey‚ many examples of this are apparent‚ whether they are for the benefit or the downfall of the protagonist Odysseus. However‚ Odysseus is not the only one whom hospitality rules. His son Telemachus
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MB0052- Strategic Management & Business Policy Assignment Set-I What is meant by strategy ? Differentiate between goals and objectives? Answer: Strategy is the method by which an organization systematically achieves its future objectives. A business cannot progress for a long term without a reliable strategy. Strategy is a common direction set for the company and its various components to accomplish a desired position in the future. A meticulous planning process results in strategy. It is
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Abstract The main goal of this paper is to create an example original Strategic Staffing Handbook that contains many of the vital tools used in the staffing process. It is the policy of EMT Crafts that this Strategic Staffing Handbook should be used as a plan of the basic personnel policies‚ practices‚ and procedures for the company. This Staffing Handbook includes definition of strategic staffing‚ description of the job analysis process‚ approach to posting a position and the related rationale
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employees are absent less‚ show less job stress‚ stay at work longer‚ and make positive contributions to their organisations (Griffin‚ 2002). Organisations in the hospitality industry are under constant pressure to meet change‚ develop their structures‚ and improve performance (Erkutlu and Chafra‚ 2006). It has been suggested that hospitality organisations need to employ effective leadership to improve guest services and employee job satisfaction (Woods and King‚ 2002).
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The Role and Effect of Hospitality in The Odyssey The Odyssey‚ by the Greek author Homer‚ is an epic about Lord Odysseus and his quest to return home. The story takes place in and around Ancient Greece. Odysseus‚ along with his son Telemachus‚ must expel the suitors from his household after being lost at sea for 20 years. Throughout the epic‚ one of the underlying themes that Homer shows is the importance of hospitality through elaborate stories emphasizing respect‚ royalty
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had a few unexpected situations‚ which could be solved and luckily the customers were satisfied. One situation was when a guests’ room was still dirty and she complained about it. This was during a very busy week of the Guest House‚ all the rooms within the Guest House was occupied and needed to be cleaned. This one particular guest hanged her “Do-not-disturb” sign outside on the
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