As a business entrepreneur my investments have focused into the hotel industry. One of my biggest goals is to build and open my own hotel to start my own business. I have done some research and I find myself well suited to be able to operate a franchised brand hotel. I have a well thought out strategy that will help me become successful in the lodging industry. Within this paper I will allow myself to guide you through the steps I will take to follow and accomplish this goal of mine. A franchise
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1.0 Industry Background Singapore’s tourism board has optimistic expectations of high volume of tourist arrivals‚ with 15 million visitors to Singapore on average per year (Hotel Industry Background‚ 2010). A calculation made on the projected number of hotel beds in year 2000 showed that the country could accommodate up to 16 million visitors. Singapore has been a priority location for hotel conglomerates to set up headquarters to develop new products and concepts for Asian markets.The nation is
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EXECUTIVE SUMMARY There is little or no doubt that India today has emerged as a powerhouse in the automotive industry. Tata Nano‚ the world’s cheapest car is sold in its native country for approximately Rs 1-lakh ($2‚198). Tata Nano is manufactured entirely in India by Tata Motor Limited. When the Nano was launched in March 2009‚ it accomplished Tata Group Chairman Ratan Tata’s vision of making a “people’s car”. The aim was to produce a car that is safe and affordable to almost everyone in India
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Assignment #4 Jo Hume 1. Discuss key cultural factors Starbucks had to consider as it expanded into China. As Starbucks expanded into China‚ they had to consider such cultural factors as: how people were going to adjust to the new drink‚ who they were appealing to in terms of demographics - How old are the customers? How often will they find time to come? Starbucks was able to market themselves in such a way that their new ’sophisticated’ appeal garnered attention in both the yound and
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Rising Sea Levels: The Impact Introduction Gradual increase in temperature known as climate change is causing icebergs to melt and therefore‚ increasing sea levels‚ this is basic known fact but what might not be as clear is the effect of rising sea levels on the environment. Amongst the vast variety of issues to do with climate change‚ its impact on the ocean stood out for me. After I researched the impact of climate change on the ocean‚ I found that the topic was too broad; therefore I decided
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Social Marketing Impact Analysis Name School attending Abstract Social Media is important today and the future it will only get better. In this paper‚ you will learn what social media networks I find most influential on my personal choices and why‚ how social media is a reliable tool when promoting public policy‚ and how social media will play on consumer behavior in the future. Social Marketing Impact Analysis Social media is extremely important in today’s society. According to Merriam-Webster
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Impact of New Media in Music Industry Introduction In the recent years‚ there have been changes in the structure of the Music industry and the paths that have been used for creating‚ promoting and distributing music. Most of these changes resulted from the advancements in technology‚ which affected both economic and technological structures of the industry. The digitization of music and its migration on to the Internet has been one of the biggest challenges to the traditional music industry. Ever
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important elements of the marketing mix‚ can be difficult to get right. Pricing too high‚ or low‚ can negatively impact on customer satisfaction and revenue. Adopting a pricing strategy is necessary to achieve desired sales objectives (Chan & Wong 2005). Research indicates that whilst a price reducing strategy‚ which is commonly used in response to strong competition‚ may see short term gains‚ rarely does it attract and retain new customers (Chan & Wong 2005). In Hong Kong many hotels have reduced their
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so who’s to say the same cannot be said about infectious bacteria living in the same environments? This question/idea is not recent‚ around 415 BC Hippocrates was one of the first to contemplate that diseases were caused naturally (not as a punishment from the gods) and that that there was a possible connection between them and the climate (Lipp). In the 20th century concerns began to circulate around the impact of humans and our alterations to terrestrial and aquatic habitats; this coupled with
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FruitDry* Marketing Plan Group U1 Anurag Jindal Harsh Shukla Likhit Nagpal Nishith Maheshwari Sriparna Neogi 07/01/2012 *A hypothetical company which exports cashew Marketing Plan- FruitDry Cashew Industry 2 MKT2 Group U1 Executive Summary FruitDry is a hypothetical company which exports cashew and is located in Udupi district of Karnataka. The company purchases cashew kernels from the processing units in the same district and exports it to various countries. The best quality cashew which is exported
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