Events industry- Corporate Hospitality: Investment Recommendations.

1. An overview of Corporate hospitality: Corporate entertaining and hospitality stern be an effective way of creating networking opportunities and cementing business relations. Corporate hospitality is always present whenever there is a major sponsorship... ...corporate recreation remains a central feature in unex antiophthalmic factorled font business life- *(Maximising Value of Hospitality, 2004) Why do businesses spend coin on corporate hospitality? correspond to the National Corporate Hospitality Survey, which was funded by Sodexho Prestige in 2003, the top reason why money is being exhausted is -to keep clients happy and obtain goodwill (30%)- appendix 1. 2. PEST-EL outline of the Events Industry POLITICAL - Free movement of EU citizens in spite of appearance the Union. - Taxation Policy- deoxyadenosine monophosphatelification in council tax - Debate on the smoking ban          economical - Interest rates- frozen at 4.5% - Unemployment- can be shi ne with help from Olympics 2012 - Increase in National Minimum disengage from £4.85-£5.05 SOCIAL - Income distribution- personal disposable income rose up by 35% - Changes in population demographics- more elderly tawdriness - Consumer buying patterns- increase in consumer expenditure by 7% TECHNOLOGICAL - Increase in Internet usage-people can make out bookings on-line - Use of Mobile phones- people can pump sports using mobile phones - New databases for calculating machine support Design ENVIRONMENTAL - Eco-Services- people value eco-friendly businesses - Waste Disposal-has to controlled in suppose to comply with regulations LEGAL - Extended Licensing practice of laws - Employment Law - Health & preventive at work - Laws & Legislations 3. SWOT Analysis of the Events Industry- Strength & Weaknesses Strengths - Large merchandise share - Can strengthen and improve genial bonds deep down a particular community - Can be economically useful - Strong Br itish Currency (£)         Wea! knesses - soaring trope of regulations to follow - noble staff turnover - poorly complete staff - competition from independent rivals - high costs... If you want to reward a full essay, order it on our website: OrderCustomPaper.com

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