Market Research Process: From Analysis to Data Sources
Preliminary Studies
Preliminary studies lay the foundation for future work.
Situation Analysis
We analyzed the situation, handling all available information to obtain a complete picture of the organization regarding:
- The company and the sector: Its evolution, products, importance in the sector, past problems, provided solutions, etc.
- The market and customers: Analysis of the geographical distribution of the market, seasonal variations in sales, customer type, etc.
- Commercial organization: Distribution
Flea Market Regulations in Spain: Municipal Authority
Flea Market Regulations in Spain
Period of Celebrations
The days and hours of the flea market will be set by the respective municipality and displayed at City Hall and near the mercadillo. If the celebration day of the flea market coincides with a holiday, the Mayor or delegate will decide which day it should be held, with a notice to the traders at least 15 days in advance. According to Article 7.1 of the RLVA, flea markets may only be held on Sundays and holidays, as discussed in 7.3. Changes to
Read MoreTechnical Drawing Standards and Practices
Interpretation Questionnaire 5 Unit Plans
a: Maximum roughness
b: Minimum roughness
c: Oversize machining
d: Direction of stretch marks
f: Basic length
1. Name and Explain the Classification of Standards According to Their Scope
According to its scope:
a. International: They are drafted and issued by international standardization bodies. This group includes standards issued by ISO.
b. Regional: Its scope is usually continental. This applies to the standards issued by the Pan American Standards Commission
Read MoreStrategic Supply Management: A Comprehensive Approach
SB1: Supply Framework Strategy
- The Framework Strategy connects Supply Strategy with Corporate Strategy.
- It ensures a common strategic orientation in Supply Management.
- Market and Supplier Strategies are coordinated.
SB2: Supply Market Strategy (Material Group Strategy)
- Formulates the strategy for one single supply market.
SB3: Supplier Strategy
- Relates to the Supply Market Strategy and Supplier Evaluation.
- Together with the most important suppliers, strategies for the development of the cooperation are
Key Concepts in Food and Beverage Operations for Hotels
Financial Metrics
- Minimum net profit: 14%
- Maximum food cost allowance: 30%
- Maximum labor cost allowance: 22%
- Maximum overhead cost allowance: 20%
- Minimum food gross profit (GP): 70%
- Minimum beverage GP: 75%
- Maximum food and beverage (F&B) cost allowance: 33%
- Maximum beverage cost allowance: 25%
Competitors and Partnerships
- Competitors providing the guest with exactly the same offerings are classified as direct competitors.
- A joint venture occurs when a hotel and an external party collaborate to develop
Organizational Structure: Principles and Types
What is an Organization?
An organization establishes formal relationships between various units, defining functions and the authority of each position. It determines how objectives are met, linking the idea with the means to achieve it and the outcome to be reached. An organizational structure is essential for this process.
Structure
The formal organizational structure is often represented in organizational charts. Almost all departments and companies need staff who are not in the chain of command
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