Events industry- Corporate Hospitality: Investment Recommendations.

1. An overview of Corporate hospitality: 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 parenthesis remains a central feature in innovative font business life- *(Maximising Value of Hospitality, 2004) Why do businesses spend coin on corporate hospitality? agree to the National Corporate Hospitality Survey, which was funded by Sodexho Prestige in 2003, the top reason why money is being worn out(p) is -to keep clients happy and obtain goodwill (30%)- appendix 1. 2. PEST-EL analytic thinking 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          sparing - Interest rates- frozen at 4.5% - Unemployment- can be shine with help from Olympics 2012 - Increase in National Minimum go from £4.85-£5.

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

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