Events industry- Corporate Hospitality: Investment Recommendations.

1. An overview of Corporate cordial reception: Corporate entertaining and hospitality behind be an effective way of creating networking opportunities and cementing business relations. Corporate hospitality is always present whenever there is a major sponsorship... ...corporate diversion remains a central feature in modernistic font business life- *(Maximising Value of Hospitality, 2004) Why do businesses spend coin on corporate hospitality? fit to the National Corporate Hospitality Survey, which was funded by Sodexho Prestige in 2003, the top reason why money is being played out is -to keep clients happy and obtain goodwill (30%)- appendix 1. 2. PEST-EL epitome 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          economic - Interest rates- frozen at 4.5% - Unemployment- can be derogate with help from Olympics 201 2 - Increase in National Minimum guard from £4.85-£5.

05 SOCIAL - Income distribution- personal disposable income rose up by 35% - Changes in population demographics- more elderly intensity - Consumer buying patterns- increase in consumer expenditure by 7% TECHNOLOGICAL - Increase in Internet usage-people can quarter bookings on-line - Use of Mobile phones- people can interpret sports using mobile phones - New databases for calculating machine assisted Design ENVIRONMENTAL - Eco-Services- people value eco-friendly businesses - Waste Disposal-has to controlled in suppose to comply with regulations LEGAL - Ext ended Licensing polices - Employment Law - ! Health & angstrom; preventive at work - Laws & Legislations 3. SWOT Analysis of the Events Industry- Strength & Weaknesses Strengths - Large grocery share - Can strengthen and improve genial bonds inwardly a particular community - Can be economically useful - Strong British Currency (£)         Weaknesses - soaring fall of regulations to follow - noble staff turnover - poorly ball-hawking staff - competition from independent rivals - high costs... If you want to adhere a full essay, order it on our website: OrderCustomPaper.com

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