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Opportunities: The hotel has now 20 spacious rooms that can offer excellent comfort and luxury to the upper middle class people who visit the place. The rooms are completely booked during full moon day that occurs every month. During normal days, there is 70% occupancy at an average rate. A research conducted in the spiritual town reveals that there has been an increase in the number of visitors every year and is predicted to have an increase in the floating population of 20% in the upcoming years. Hence, in the future the hotel can expand the number of rooms in order to serve more customers who visit the place. The banquet hall in arpanaa offers excellent environment for people in and around the locality to celebrate weddings and other special occasions. Hence, it can be a good source of income in the near future as more and more people prefer good environment to celebrate special occasions with their friends and family.
Strategy development processes Vision and mission statements There was no announcement about Aldi's mission statement, but it's vision relates to offer its customers in
A new technique to strategic management was developed in early 1990's by Drs. Robert Kaplan (Harvard Business School) and David Norton. Kaplan and Norton explain the innovation of
Whether an organization has the resources and competences to deliver a plan
1. Read "The Global Branding of Stella Artois" in page 244 to 258, and answer the following questions: a) Develop a 5-forces analysis of the beer industry, noting whether the force
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Payback period = total cost of investment / estimated annual revenue
Perform external and internal audits Follow the strategic development content then Aldi can perform external and internal audits. In external audit is considered an important
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