Events industry- Corporate Hospitality: Investment Recommendations.

1. An overview of Corporate cordial reception: Corporate entertaining and hospitality can be an effective way of creating networking opportunities and cementing business relations. Corporate hospitality is always present whenever there is a major sponsorship... ...corporate deflexion remains a central feature in ultramodern font business life- *(Maximising Value of Hospitality, 2004) Why do businesses spend coin on corporate hospitality? tally to the National Corporate Hospitality Survey, which was funded by Sodexho Prestige in 2003, the top reason why money is being washed-out is -to keep clients happy and obtain goodwill (30%)- appendix 1. 2. PEST-EL abstract of the Events Industry POLITICAL - Free movement of EU citizens inwardly the Union. - Taxation Policy- deoxyadenosine monophosphatelification in council tax - Debate on the smoking ban         stinting - Interest rates- frozen at 4.5% - Unemployment- can be come down with help from Olympics 20 12 - Increase in National Minimum chair from £4.85-£5.

05 SOCIAL - Income distribution- personal disposable income rose up by 35% - Changes in population demographics- more elderly rule book - Consumer buying patterns- increase in consumer expenditure by 7% TECHNOLOGICAL - Increase in Internet usage-people can form bookings on-line - Use of Mobile phones- people can put one over sports using mobile phones - New databases for calculating machine back up Design ENVIRONMENTAL - Eco-Services- people value eco-friendly businesses - Waste Disposal-has to controlled in suppose to comply with regulations LEGAL - Extended Licensing uprightnesss - Employment Law - Health & amp; preventive at work - Laws & Legislations 3! . SWOT Analysis of the Events Industry- Strength & Weaknesses Strengths - Large mart share - Can strengthen and improve genial bonds at bottom a particular community - Can be economically useful - Strong British Currency (£)         Weaknesses - soaring play of regulations to follow - noble staff turnover - poorly skilful staff - competition from independent rivals - high costs... If you want to outsmart a full essay, order it on our website: OrderEssay.net

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