...levels in a recession is that employers do not need to employee a large number of staff as the demand for their services is low and therefore in order to make a larger profit, organisations tend to employ less staff. Disposable income is the income left over to spend and save after the deduction of income taxes. Therefore it is the disposable income that is usually used to work out the state of the economy. During a recession, income usually decreases as businesses and organisation begin to make less profit and are unable to pay all their employees high wages. Therefore it decreases which in creates a bad morale within a workplace.http://www.investopedia.com/terms/d/disposableincome.asp Le Crepe will begin to see a decrease in number of customers as the recession begins to hit the economy because less people will be able to afford to buy their products...
Words: 1822 - Pages: 8
...Grand Escape Travel and tours A Feasibility Study Submitted to the Faculty of the Cavite State University Bacoor, Cavite In partial fulfillment of the requirements of the degree of Bachelor of Science in Business Management Major in Marketing Arcillas, Jaycel H. Atienza, Edwelyn G. Baccol, Jasmin C. Cabillo, Judy Ann D. Dinlasan, Sarah Joy P. Dugang, Philippe Madeleine Flores, Mary Rose D. Morcelos, Karl Ramon A. Tanglao, Marilie P. October 2012 Chapter 1 Introductory Page (Sarah Joy P. Dinlasan) Name and Address of Business Grand Escape Travel and Tours #11 Biak na Bato Street, Barangay Sto. Domingo, Quezon City Names and Addresses of the Principals * Mr. Karl Ramon A. Morcelos B2 L8 Anahaw St., Garden City II Village Queens Row West Bacoor City * Ms. Philippe Madeleine Dugang B16 L17 Charity St. Queens Row Central Bacoor City * Ms. Jaycel H. Arcillas B3 A Bagong Silang Queens Row East Bacoor City Nature of Business The Grand Escape Travel and Tours aims to provide affordable and reasonable tours to their clients. The business offers services regarding the need for travel and tour packages. The business started with the principal shareholders, sharing a common goal which is to provide quality service to the customers and to give extraordinary experiences. This travel agency was created to have a deeper understanding of what can cater most to the interest...
Words: 4943 - Pages: 20
...A STRATEGIC PLAN ON SWEET ESCAPE DAY SPA LOCATED AT THE BREBUEF GYM, ATENEO DE ZAMBOANGA UNIVERSITY, LA PURISIMA ST., ZAMBOANGA CITY In partial fulfilment of the requirement in MGT 220 - B Ateneo de Zamboanga University October 7, 2013 SWEET ESCAPE DAY SPA I. INTRODUCTION The sweet escape day spa is a health and wellness type of business specifically providing different spa services that encourage the renewal of the mind, body and spirit. Such services include, body massages, foot massage, manicure and pedicure. Also, the services are designed and fitted in terms of industry standards with a minimal pricing strategy. The proposed project is primarily a service oriented and day spa type of business that will provide a spa atmosphere that is clean, simple and relaxing. Sounds of relaxation music are often playing in the background, lighting are usually dimmed and natural as possible, and clients are offered simple robes and towels to wear or rest on while they receive their spa treatment. The proponent got the idea of introducing a spa in the Ateneo campus since there are quite a number of students who already avail the services of spa. This proposed business will be a big help for the students to find a place to relax and get pampered through the services offered and the will help promote wellness. This strategic plan aims to bring about the issues and concerns on operating a spa. This plan also provides an analysis and evaluation of the current...
Words: 4884 - Pages: 20
...Marketing Plan Group Assignment (Phase Three) 10% MRK 200 XX [pic] Ford Motor Company Hybrid Ford Escape Group Memebers: Yasmine Kustec Ramon Pinto Bowang Zhou Zang Yue Brett O'connell Yoon Joon Table of Content Cover Page Table of Content 1 The Executive Summary 2 Company Backgrounder 3 Company Mission Statement 3 ➢ Vision 4 ➢ Values 4 Situational Analysis ➢ Internal Environment 5 ➢ Competition Environment 6 ➢ Economic Environment 6 ➢ Cultural/ Social Environment 7 ➢ Government Environment 8 ➢ Technology Environment 9 Company Objectives 9 Target Segment(s) Profile 11 Market Strategies 13 ➢ Figure 1.1 21 Resources 25 Marketing Plan Group Assignment The Executive Summary Ford Motors, through the past five years or so, have been experiencing difficulties with their significantly present decline market share. Being a dominate player in the auto business for over a century, Ford Motors have been reluctant to keep up with current trends and evolving competitors from growing economies. Considering the company’s external and internal opportunities, and directing their resources towards a more skillfully R& D (research and development)...
Words: 5338 - Pages: 22
...Business Plan Your Escape Salon/ Spa/ Resort & So Much More! Oyster Bay Cove Academic Edition New York June 20, 2012 Academic Edition Confidentiality Agreement The undersigned reader acknowledges that the information provided by__ in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of _Your Escape Owners_. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader, may cause serious harm or damage to _Your Escape_. Upon request, this document is to be immediately returned to __ ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. Academic Edition Table of Contents 1.0 Executive Summary .................................................................1 Chart: Highlights ..............................................................1 1.1 Objectives .......................................................................1 1.2 Mission ...........................................................................2 1.3 Keys to Success .................................................................2 2.0 Company Summary ..................................................................3 2.1...
Words: 8580 - Pages: 35
...A Clean Well-Lighted Place Adianez Leon Composition III/Literature– ENG1300 Alan Green, PH.D. 5 September, 2014 South University Abstract The short story A Clean Well-Lighted Place by Ernest Hemingway, deals mainly with the subject of loneliness, as many of Hemingway’s story usually do. The story is about two waiters waiting to close their café, one is old the other is young and the customer is old. The story deals with the two waiters different take on the customer need for a clean well-lighted place where he can have more than a few drinks. The younger waiter does not understand why the customer cannot just drink at home instead of inconveniencing them by staying up so late, while the older waiter understands the customer need for a place to drink, where he can try and escape the feeling of nothing less which in the end will come to all of us regardless of social status. This story shows the men who are at different stages of life and how they see the inevitable death in dissimilar ways. In the end as the saying goes the only things guaranteed are death and taxes, however you can only control the way you approach the death. A Clean Well-lighted Place Ernest Hemingway short story “A Clean Well-Lighted Place” is one of many short stories written by one of The 20th Centuries most celebrated authors. Hemingway was part of what they called the lost generation, the generation that served during the First World War, which later on came to be used for a group of expatriates...
Words: 1333 - Pages: 6
...about the importance of the project to her? * In regards to Ella’s implied pressure as it relates to the importance of the project to her, Jim should acknowledge it and utilize it as a source of motivation for an effective project completion. Jim allowing for anxiety would only hinder his leadership role as it pressures the mind and therefore force people to make rash decisions (think unclearly) as opposed to intelligent, thorough ones and thus, put the project at risk. What strategies might Jim employ to deal with a very busy team member such as Carmen Sanchez? * While having Carmen Sanchez on the team provides healthy insight(s) and expertise, her present workload may prohibit her from taking on a major role within “No Customer Escapes.” His only real strategic options with her are acquiring her knowledge for the sake of dependency and scheduling in a manner that allows for her participation. Chapter 4 Look over the scope statement (PE Figure 4-1). If you were an employee at Petrie’s Electronics, would you want to work on this project? Why or why not? * If I were an employee at Petrie’s Electronics, I feel that I could handle this project. The data aspect of it is very comparable to a course project in which I completed in my data analysis class and therefore, I feel that I could provide a great deal of knowledge. If you were part of the management team at Petrie’s Electronics, would you approve the project outlined in the scope statement in PE Figure 4-1...
Words: 489 - Pages: 2
...The Security Plan CJS 250 University Of Phoenix [pic] Camera This is my security plan; it includes my layout as you see above What does security really mean to you? Many people do not consider what can happen if security is not adequate, or if countermeasures to possible problems are not in place. Above, I have outlined my floor plan, and now I will explain the positive aspects of my personal plan. Our first discussion points are: Possible threats: [pic] Fires [pic] Theft or fraud [pic] Bombings or bomb threats [pic] Information theft/hacking [pic] Burglary or armed robbery [pic] Kidnapping and Ransom Risk Assessment: Fires: Is is important that flammable things are always labeled and in the right place, and that no walkways are blocked. A store's chemicals are sometimes fire hazards, so ensuring that they are always in the right place limits the danger of fire. Theft or Fraud: Papers or documents can be used by unauthorized people. Documents that have important information should not be left lying around – these could be used for fraudulent purposes, or they might have computer access codes on them. Information theft/hacking: All computer networks need to be updated with security protocols –...
Words: 1495 - Pages: 6
...Instructor Department of Tourism & Hospitality Management University of Dhaka. Subject: Submission of term paper Sir, We the student of BBA 1st batch, Department of Tourism & Hospitality Management, University of Dhaka. In reference to your order to prepare a term paper on Food, Beverage and Bar Management. We have prepared this report by using primary data from Atrium restaurant, Dhaka Regency and Escape from Shanghai and secondary data from our textbook, lecture sheets and internet. We, therefore, hope that you would consider our limitations, restrictions and grant this report and oblige thereby. Faithfully Yours, Members of De Faustine BBA-14th batch Department of Tourism & Hospitality Management University of Dhaka. ----------------------- Arefin Azam Rohan Executive Summary Hospitality industry is a huge industry, food and beverage is an important part of it. After completion of the assignment we have gathered much knowledge and especially first hand experiences. We have visited Dhaka Regency, Atrium Restaurant and Escape from the Shanghai for our field work. We discussed many branches of this industry such as the food and beverage systems of those outlets, the methods of production and services, staffing implications, different menus and factors to develop those, factors that affect the compilation of alcoholic beverage list. Here we also discussed what actions we would take to ensure quality standards, health, safety and security...
Words: 4282 - Pages: 18
...Chapter 4 Systems Planning and Selection 119 CASE: PETRIE’S ELECTRONICS Systems Planning and Selection Now that the “No Customer Escapes” project team has been formed and a plan has been developed for distributing project information, Jim began working on the project scope statement, workbook, and baseline project plan. He first drafted the project scope statement and posted it on the project’s intranet (see PE Figure 4-1). Once posted on the intranet, he sent a short e-mail message to all team members requesting feedback. Minutes after sending the e-mail, Jim’s office phone rang. “Jim, it’s Sally. I just looked over the scope statement and have a few comments.” “Great,” replied Jim, “it’s just a draft. What do you think?” “Well, I think that we need to explain more about how the system will work and why we think this new system will more than pay for itself.” “Those are good suggestions; I am sure many others will also want to know that information. However, the scope statement is a pretty high-level document and doesn’t get into too much detail. Basically, its purpose is to just formally announce the project, providing a very high-level description as well as briefly listing the objectives, key assumptions, and stakeholders. The other documents that I am working on, the workbook and the baseline project plan, are intended to provide more details on specific deliverables, costs, benefits, and so on. So, anyway, that type of more detailed information...
Words: 1166 - Pages: 5
...Ship Property Management System (SPMS) Support Processes Support Processes Physical Evidence Physical Evidence Customer Customer Customer’s check out and settle payment Customer’s check out and settle payment Check in Check in Customer attend the lecture about the facilities & safety drill Customer attend the lecture about the facilities & safety drill -Arrived at the port -Present passports -Take their luggage with tags to the designated drop off area -Arrived at the port -Present passports -Take their luggage with tags to the designated drop off area Make reservation & check - in Make reservation & check - in Accommodating customer’s questions Accommodating customer’s questions Crews introduce the facilities & demonstrate the proper procedures of how to escape when accident take place Crews introduce the facilities & demonstrate the proper procedures of how to escape when accident take place -Check their boarding pass -Escort the guests to their designated room in cruise ship and greet them von voyage -Check their boarding pass -Escort the guests to their designated room in cruise ship and greet them von voyage - Bill the customers and farewell them -Valet asks for the car key and parking space number to pick up the car. - Porter helps them to carry their luggage to their cars - Bill the customers and farewell them -Valet asks for the car key and parking space number to pick up the car. - Porter helps...
Words: 530 - Pages: 3
...products. Walmart requires that their food suppliers be certified by safety programs under the umbrella of the Global Food Safety Initiative. To help with its food safety and security risk Wal-Mart takes that extra mile ensuring that their food is harmonized and leading-edge food safety standards throughout the entire food production chain ("Food and Safety", 2012). Walmart has trained employees to handle cold and hot foods correctly. To ensure that all food products bought and sold by Wal-Mart is handled, stored, cooked, and properly packaged. Wal-Mart uses guidelines given from the U.S. Food and Drug Administration along with GFSI standards. Second, Walmart realizes that a security plan is necessary in trying to security its employees, customers, and the facility. This is why they have installed safety and security technology inside and outside their stores. Walmart stores have installed closed circuit camera systems, off-duty police officers, security monitors, and security scanners at...
Words: 1154 - Pages: 5
...Business Analysis Part Two Keyah A.Baker University of Phoenix Management 521 Bernard Ruff April 10,2012 Business Analysis Part Two In this paper, the author will discuss Ford Motor Company’s business environment. The author has reviewed Ford’s income statement, balance sheet, and cash flow to determine the financial health of the company. The author will conduct a benchmarking analysis of the company as well. From reviewing Ford Motor Company’s income statement, balance sheet, and cash flow, the author has learned that the company needs to increase their revenue. Their revenue concerns the author because it is a little low, as compared to other companies, GMC and Toyota. It is lower than that of the other two companies. Toyota’s operating income is low, however, and their assets and liabilities equal to the same amount. GMC’s sales and revenue was very high along with its net income. GMC’s liabilities outweigh its assets though, which poses a very big problem. They are spending more than they produce, which is a bad thing. This makes their financial health very poor in that regard. To summarize Ford’s financial health, it could be better. Their gross profit is very low, in comparison to the two other companies. Their operating income leaves much more to be desired. Their income after taxes is more than their income before taxes. Their total assets outweigh their liabilities. They have quite a bit of debt. Moving forward, Ford...
Words: 955 - Pages: 4
...Chapter 3 1. What qualities might Jim possess that would make him a successful project manager? Jim Watanabe has already established and introduced his project initiation team. As he is attempting to have Carmen Sanchez, the manager of Petrie’s Electronic’s top store in Irvine, join his team, Jim seemingly intends to establish a relationship with customers through Carmen. Also, Jim’s excitement about the project and his determination to begin the project by arriving early, demonstrates his dedication to complete this project successfully. 2. How do you think Jim should respond to Ella’s implied pressure about the importance of the project to her? I believe Jim should confirm with Ella the importance of this project to him is, as well, and ensure that he and his team will do their best to complete the project as best and as successful as they possibly can. Jim should also reassure Ella that he will keep her posted on the status of each phase of the project and update her with any issues or concerns that may require her attention. 3. What strategies might Jim employ to deal with a very busy team member such as Carmen Sanchez? Jim should utilize project management software, such as Microsoft Project, to manage the project in its entirety, including assigning tasks to each team member that tailors to their skill set and schedule, such in the case of Carmen Sanchez having a busy schedule. For example, during the process of dividing the project into manageable tasks...
Words: 598 - Pages: 3
...1. Travel agency customers have varied needs and wants, and come from different walks of life. Accordingly, in order to compete effectively in this sector, agencies must concentrate their marketing efforts on those customers that are mostly likely to purchase from them including by: a) Identifying and profiling consumers who differ in their needs and preferences, and aggregating those consumers with similar needs (market segmentation); b) Choosing which market segments to enter (market targeting); and c) For each segment, establishing and communicating the distinctive benefit of the agency’s market offering (market positioning). 2. Flight Centre Limited (FCL) is a leading example of segmentation, targeting and positioning in the Australian sector. FCL has more than 30 brands, including the flagship Flight Centre brand. It is a house of brands, with company’s marketing activities being geared towards developing the range of leisure and corporate brands to cater for specific customer segments. 3. FCL takes a demographic segmentation approach to its leisure brands: Escape Travel: Escape Travel is FCL’s second largest leisure brand, targeting middle-market consumers and specialising in tailoring complete and affordable international and domestic holiday packages. Shops are predominantly located in major shopping centres. Customers can expect a professional and friendly service from “the Holiday People” and a diverse product range. Travel Associates...
Words: 611 - Pages: 3
