RUPEE DEPRECIATION – INDUSTRY IMPACT January 9‚ 2012 Backdrop The rupee has‚ between August and December 2011‚ depreciated by 21%. This depreciation has caused much concern among industry groups as imports have become expensive‚ thereby amplifying costs of production and operation‚ and ultimately profitability. Given that India is a net importer with a sizable trade deficit‚ the net impact has to‚ a priori‚ be negative. Objective The aim of this study is to identify vulnerabilities on
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Journal of Hospitality Financial Management The Professional Refereed Journal of the Association of Hospitality Financial Management Educators Volume 13 | Issue 1 Article 26 1-1-2005 Ratio Analysis for the Hospitality Industry: A cross Sector Comparison of Financial Trends in the Lodging‚ Restaurant‚ Airline and Amusement Sectors Woo Gon Kim Baker Ayoun Recommended Citation Kim‚ Woo Gon and Ayoun‚ Baker (2005) "Ratio Analysis for the Hospitality Industry: A cross Sector Comparison of
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IMPACT OF WORK STRESS ON EMPLOYEES’ PRODUCTIVITY IN AN ORGANIZATION CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY There has been an increasing amount of talk about “employee stress” over the past decade. Quite what it is and how best to combat it are two aspects which are rather less-documented. Stress is a more subjective topic than most we have so far encountered. People may have widely differing views about its causes‚ impacts and‚ even‚ very existence. The workplace of the 21st century
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Name: Erika Cabrera Course: HRT 321- Hospitality Marketing Date: October 24th‚ 2006 Assignment: Since students in Hospitality programs across the country are required to take a "Hospitality Marketing" course in addition to a "Principles of Marketing" course‚ there must be some fundamental or additional information differences between these two courses. One would assume there would be some differences within the established four P ’s of marketing (product‚ price‚ place‚ promotion).
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The reason for this tendency is due to the limited hospitality innovation studies needed as a foundation to support management’s perception of the theory. The availability of studies has the ability to encourage innovation that may not be detrimental to finances depending on the level of innovation selected. However innovation brings many other barriers and challenges that hinder the successful implementation of innovation: unqualified employees‚ knowledge‚ lack of understanding of the relationship
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report the focus is on LEED certification and accreditation‚ and the impact LEED has on several different service firms. The report begins with background information about the U.S. Green Building Council (USGBC)‚ LEED‚ and LEED certification and rating systems. Following this‚ will be several different articles regarding the impact that LEED has on the building owner and the building industry as a whole. How LEED also impacts new construction projects‚ while at the same time targeting local and
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ASSIGNMENT Introduction Hospitality provision is one of important services in travel and tourism. The hotel is a basis for short accommodation needs of travellers. Depending on the content and using that object classification stay in hotel‚ tourism‚ resort‚ etc. According to the level of amenities available‚ they are classified according to the number of stars from 1 to 5 stars. In recent year‚ the economics and society are developing. People are getting busier with their work and their life. They
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Hospitality Management Effect of Branding and Customer Loyalty on Hotel Industry in Hong Kong Name: Joy W Tutor’s Name: 9/1/2010 Abstract: The hotel industry consist of a wide range of fields within the service sector that provides various hospitality facilities including accommodation‚ food and beverage‚ business meetings and events‚ leisure amenities‚ entertainment and recreation and tourism services. Being one of the dominating sectors in the service industry‚ hotel and hospitality services
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Hospitality Service Excellence The academic circles have not formed a standard definition for service failure‚ but scholars have put forward their own understanding from different angles: Hays and Hill defined service failure ascontact situation that make customers unsatisfied(Julie Hays& Arthur‚ 2001). Keaveneypointed out that if the customers feel unsatisfied about the service system‚ then service failure occur (Crittendenet al. 1995).Keaveney has divided service failure into two types: the
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The hospitality industry is a vast global dynamic industry which is constantly developing and expanding. Hospitality business is under increasing pressure to deliver better results and to improve revenue earnings despite difficult operating conditions in the business environment. This essay seeks to give a general understanding of operations management framework‚ also evaluate the contribution of performance measurement to the effective and efficient management of operations. The activity of managing
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