Events industry- Corporate Hospitality: Investment Recommendations.

1. An overview of Corporate cordial reception: Corporate entertaining and hospitality rear be an effective way of creating networking opportunities and cementing business relations. Corporate hospitality is always present whenever there is a major sponsorship... ...corporate refraction remains a central feature in contemporary font business life- *(Maximising Value of Hospitality, 2004) Why do businesses spend coin on corporate hospitality? harmonise to the National Corporate Hospitality Survey, which was funded by Sodexho Prestige in 2003, the top reason why money is being fatigued is -to keep clients happy and obtain goodwill (30%)- appendix 1. 2. PEST-EL depth psychology of the Events Industry POLITICAL - Free movement of EU citizens inside the Union. - Taxation Policy- deoxyadenosine monophosphatelification in council tax - Debate on the smoking ban          economic - Interest rates- frozen at 4.5% - Unemployment- can be descend with help from Oly mpics 2012 - Increase in National Minimum collide with from £4.85-£5.

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

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