Lets look at each of these macro-environmental factors in turn. This can include — government policy, political stability or instability in overseas markets, foreign trade policy, tax policy, labour law, environmental law, trade restrictions and so on.
October 11, at 2: Best Western being an international recognised company have been able to meet and exceed the sociological demands. It is vital Best Western are able to keep up with customer demands as reputation is a key aspect to success and therefore consumer attitudes and opinions are important.
Best Western is highly rated on trip adviser from various different sources. Having such a wide customer base Best Western are able to target and cater for a huge market.
For example families, couples, solo travellers and business. Best Western receive great reviews on Trip Advisor: The majority of posts are positive from all target market groups and they have received very little negative feedback.
Best Western have made it a priority of theirs to build a relationship with their customers, one way in which they have generated this is by creating a Facebook page: This creates a more personal connection with their customers resulting in them using the organisations facilities on a regular basis, preventing customers from using Best Westerns competitors instead.
Cultural aspects Best Western is an international organisation, it is represented in over 80 countries around the world with over 4, hotels all independently owned and managed. This promotes cultural diversity resulting in catering for citizens all over the globe.
Making people of all nationalities feel welcome to stay in a Best Western Hotel even though it first started out as UK based business.
Is Best Western an Ethical organisation? The vision of Best Western International is to lead the hospitality industry in superior customer care. We strive to provide the highest levels of service to Best Western hotels and to their guests with integrity and honesty such that brand loyalty continues to thrive.
To achieve this vision, Best Western International has adopted the following core values: Excellence in quality and service Integrity, both personal and professional Honesty and truthfulness.Netflix: Macro and industry analysis Netflix: Macro and industry analysis Macro Environment: Three significant changes are revealed in the macro environmental analysis during the past 5 years from to They are shifting demographics in the United States, increasing interconnectivity, and industrialization in Brazil, Russia, India, and.
Macro and Micro Economic Factors that Influence Plant Activity Words | 6 Pages. This paper will first discuss factors that describe and analyze the macro- and micro-economic factors that could directly or indirectly influence plant operations here at ABC Complete Kitchens. Micro- as well as macro-economic factors influence the economic activities of such complex company networks.
The influencing factors can be seen from the internal point of view of a company, defined as the so called micro-economic factors (Mussnig , 41) and from the outside point of view, the so called macro-economic factors (McCarthy .
Key Macro Factors Driving the Global Steel Industry This Year.
Has the steel industry reached an inflection point? Fundamentals of the steel industry have been quite weak over the last couple of.
Environmental factors for a company or an industry refer to variables and conditions around that company and industry that affect its working and performance, but which cannot be controlled. investigate the impact of micro-economic variables on the financial performance of cement industry.
This research tries to analyze the impact of firm level variables on the performance of the firm so that in future managers and.