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Virty [35]
1 year ago
15

What are the elements of the gap in the London hotel luxury market?

Business
1 answer:
iogann1982 [59]1 year ago
8 0

The elements of the gap in the London hotel luxury market are airport hotels, business hotels, suite hotels and resorts etc.

<h3>What elements in the London hotel luxury market?</h3>

The world luxury hotel market center is mainly on the type and geographical segment. The luxury hotels type segment includes airport hotels, business hotels, suite hotels, resorts, and others (eco-hotel and serviced apartments). The fashion agency is trying to enter China's booming luxury market.

The emotional relation between luxury hospitality and creating that 'home-from-home' feeling that is linked to the result, the service, and the people. Together they generate a guest experience that is special to the brand and the property. Luxury hotels should have at least one full-service, Michelin-starred restaurant, and ideally more than one.

So we can conclude that the luxury market is a market for expensive goods that are not required but are bought for contentment.

Learn more about luxury hotels here: brainly.com/question/17329032

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3 years ago
In 5–10 sentences, describe how computer networks work.
pentagon [3]

Answer:

Routers connect multiple networks together. They also connect computers on those networks to the Internet. Routers enable all networked computers to share a single Internet connection, which saves money. ... It analyzes data being sent across a network, chooses the best route for data to travel, and sends it on its way.

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4 years ago
Orica Inc. competes in the market for commercial explosives. The company recently changed its business model from just selling e
Troyanec [42]

As the company recently changed its business model from just selling explosives to managing an entire blast in a quarry. This customer-solution-based approach to the sale of explosives is an example of systems selling.

<h3><u>What is a Business Model?</u></h3>
  • The strategy a business uses to turn a profit is referred to as its business model. It lists any estimated costs as well as the goods or services the company intends to sell, as well as its chosen target clientele.
  • Both new and established businesses need strong business models. They aid young, developing businesses in luring capital, hiring talent, and inspiring management and personnel.
  • Established companies should change their business strategies on a regular basis to account for emerging trends and difficulties. Investors use business plans to assess potential investments.
  • A business model is a comprehensive strategy for running a company profitably in a particular industry. The value proposition is a key part of the company model.

Systems selling is the practice of offering linked products or services as a unit rather than individually or independently. Products that are combined under systems selling are typically complementary products.

Therefore, This customer-solution-based approach to the sale of explosives is an example of systems selling.

Know more about Business Model with the help of the given link:

brainly.com/question/13397493

#SPJ4

3 0
2 years ago
efer to HR Solutions, Inc. HRSI hopes that all companies can downsize simply by attrition, a word that, in this context, refers
bazaltina [42]

A correct option is option (d) i.e., people leaving the company.

What does downsize mean in business?

By eliminating underperforming employees or departments, a firm can permanently reduce its workforce. Downsizing can be utilized to develop leaner and more efficient organizations, albeit it is typically carried out when there is stress or a reduction in revenue.

Why does a company downsize?

By letting go of workers who are either no longer required by the company or have not been productive, downsizing enables businesses to cut costs. The business is spared from paying workers who have been causing unnecessary expenses and haven't made a beneficial contribution.

What is HR's role in downsizing?

HR must determine the issues that staff reductions are intended to address, create solid selection criteria, and take into account the long-term effects of the layoffs on the business as a whole.

Learn more about downsizing in company: brainly.com/question/1061478

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8 0
2 years ago
A loan requires that the 8% interest be compounded quarterly for 4 years. Find the number of compounding periods
EastWind [94]

Answer:

16

Explanation:

Compounding periods are the number of times interest is paid to an investment per year. For example, annual compounding means that interest will be paid once a year hence compounding period would be 1.

If semiannualIy, interest would be paid twice a year hence 2 compounding periods per year. In this case, quarterly compounding means that interest payment occur every 3 months hence 4 quarters a year.

In 4 years, total compounding periods would be; 4 *4 = 16 periods.

7 0
4 years ago
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