Choose One Sector of the Industry That Has Experienced...

Choose one sector of the industry that has experienced rapid growth over the past decade. Discuss with examples what you consider to be the major reasons for this growth and how it has affected the industry. Over the last decade there have been significant changes in the travel and tourism industry. The cruise industry is an exciting modern and rapidly expanding global industry. During the current decade, it has continued to expand its capacity and develop new cruising opportunities for vacationers, now offering their customers a wider variety of packages at different lengths and price ranges. This has helped them to expand their market in the cruising areas such as the Caribbean, Europe and North America. There are three main†¦show more content†¦2006. Pg – 417) These stripe cards can be used to pay for anything on the ship, and they work as a pre purchased, credit card. This innovation not only makes the life of the passengers but also places a potential increase in the profits made by the cruise companies, as passengers will always have a option of payment accessible to them. Branding is another critical aspect of the cruise industry when it comes to reaching and expanding on market segmentation and â€Å"as the cruise market grows, the need for branding will become even more notable.† (Dowling, K. 2006. Pg-3) Cartwright amp; Baird suggested that, â€Å"Brand names are very important as they often carry with them considerable customer loyalty perceptions. Even when a cruise company acquires another company, they will often keep the name and ambience of the acquired company in order to retain the company base.† (Cartwright, R. amp; Baird, C. 1999. Pg – 73) Example: One of the biggest changes in the cruise industry is the number of families going on cruises. In the past, it was rare to see children on cruises. It is for that reason that cruise lines have had to adapt their packages to include younger children; one of the best examples of this is the Disney Cruise line. Disney offers many facilities and entertainment programs to their customers. On a Disney cruise you can experience many types of entertainment programs suchShow MoreRelatedLiterature Review of Training and Development of Marcantile Bank Bangladesh 5 Article14514 Words   |  59 PagesStamford University Bangladesh Sub: Submission of a Thesis Report. Sir, With due respect, it is to inform you that the thesis paper is focused on the subject of â€Å"Recruitment Selection of Human Resources: A Study on Urmi Garments Ltd.† is presented for your kind appraisal. I was assigned to Urmi Garments Ltd. by the Assistant Manager of Urmi Garments Ltd. and was approved by you as my thesis during 45 days internship program. In every sphere of my report, I tried my best to make a goodRead More Economic Theories Applied to the New Economy Essay7222 Words   |  29 PagesApplied to the New Economy Discuss the extent to which the economic theories in the Market’s Reader can be applied to the â€Å"New Economy†. (50 marks) A) Discuss the extent to which the economic theories in the Market’s Reader can be applied to the â€Å"New Economy†. (50 marks) In this question, I will define the old and new Economy, then I will mention the main characters of New Economy and what is different between new and old Economy. After that, I will discuss the role of knowledge, innovationRead MoreIt Industry Into China Essay8031 Words   |  33 Pagestrends and cycles of the past two decades have made it increasingly apparent that the production and distribution of goods take place in complex global networks that tie together groups, organizations, and regions. In this paper, we focus on the IT Industry which is more and more popular in China, and then analyzed four giant IT guys: Apple, IBM, Dell and Samsung. They entered Chinese market during the different period. Even though some of their businesses are similar, their growth path and the strategiesRead More Social Effects of Technology Essays6300 Words   |  26 Pages Introduction The interaction of technology and society may be the one thing more than any other that gives society a meaning and defines us a human beings. In recent years it has become popular to point fingers of accusation at technology as if it were quot;autonomousquot; and driving us all to perdition. I take other view. No doubt the uses of technology and society interact strongly. I think it wrongheaded and very naive to think of aggressive technology affecting a passive society erodingRead MoreFinancial service11229 Words   |  45 Pagesassignment of 7 exercises There are seven exercises within this workbook which you must complete. You must also complete the declaration on Page 1 of this assignment and then upload the workbook at IAI website under your member login You need to submit the completed assignment by 17th May 2013 under your IAI Member login. Any assignment which is not submitted will not be eligible for the exam and you will have to apply to take the exam again. You may commence your work on these exercises at any timeRead MoreTeaching Notes Robert Grant - Strategy 4th Edition51665 Words   |  207 Pages26 3 The US Airline Industry in 2002 33 4 DaimlerChrysler and the World Automobile Industry 41 5 Wal-Mart Stores Inc., May 2002 49 6 Eastman Kodak: Meeting the Digital Challenge 62 7 Organizational Restructuring within the Royal Dutch/Shell Group 70 8 Harley-Davidson, Inc., January 2001 77 9 Online Broking Strategies: Merrill Lynch, Charles Schwab and E*Trade 83 10 11 12 Emi and the CT Scanner [A] [B] 88 Rivalry in Video Games 98 Birds Eye and the UK Frozen Food Industry 109 1 CONTENTS Read MoreSocial Effects of Technology Essay6374 Words   |  26 PagesIntroduction The interaction of technology and society may be the one thing more than any other that gives society a meaning and defines us a human beings. In recent years it has become popular to point fingers of accusation at technology as if it were autonomous and driving us all to perdition. I take other view. No doubt the uses of technology and society interact strongly. I think it wrongheaded and very naive to think of aggressive technology affecting a passive society eroding awayRead MoreRetailing Characteristics of Fast Food Stores and Their Impact on Customer Sales and Satisfaction29639 Words   |  119 PagesBhardwaj Lecturer, Faculty of Management Studies, Gurukul Kangri University, Haridwar(Uttarakhand), India Table Of Contents:- ï  ¶ Chap-1 Introduction 1.1 Global Retailing Industry..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 1.2 The Far East Experience..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 1.3 The Changing Food Retailing sector in Asia.. 1.4 Recognition of a Problem†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 1.5 Objectives of the study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ ï  ¶ Chap-2 Literature Review 2.1 Passage to India†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2.2 Food Retailing in IndiaRead MoreCase Study148348 Words   |  594 Pages---------------------------------This edition published 2011  © Pearson Education Limited 2011 The rights of Gerry Johnson, Richard Whittington and Kevan Scholes to be identified as the authors of this work have been asserted by them in accordance with the Copyright, Designs and Patents Act 1988. Pearson Education is not responsible for the content of third party internet sites. ISBN: 978-0-273-73557-1 (printed) ISBN: 978-0-273-73552-6 (web) All rights reserved. Permission is hereby given for the material in this publicationRead MoreConstraints of a Business Plan7946 Words   |  32 PagesTechnological. †¢ Competitive. I will now evaluate these constraints and discuss how, and in what ways, they may impact on the successful implementation of a business plan. Legal Constraints. Legal changes are happening on a daily basis, and as a result, can have a large influence on what is happening within the business environment. Health and safety legislative changes may increase costs, or force working practices to change. This is particularly important when considering new businesses, such