Professional Custom Writing Services By Skilled Graduate Writers

Place an order for your academic papers, assignments and study assistance. Our reliable paper writing service and research assignment help online ensures timely delivery of high-quality essays, answers, analysis and presentations, tailored to your specific course needs and requirements.

Evaluating the External Environment

Posted: May 5th, 2020

Evaluating the External Environment

How have you seen the external environment impact your industry or organization?

NOTE: I work in the hospitality industry
__________________

Economic Factors: Changes in the overall economic conditions can significantly impact the hospitality industry. During economic downturns, people tend to cut back on discretionary spending, including travel and leisure activities. This can lead to a decrease in demand for hotel accommodations, dining, and other hospitality services. Conversely, during periods of economic growth, there is often an increase in business and leisure travel, which can positively impact the industry.

Technological Advances: Technological advancements have had a profound impact on the hospitality industry. The rise of online booking platforms, review websites, and mobile applications has transformed the way customers find and book accommodations. Hotels and other hospitality businesses need to adapt to these technologies to remain competitive and meet changing customer expectations.

Social and Cultural Trends: Changing social and cultural trends can influence consumer preferences and behavior within the hospitality industry. For example, there has been a growing demand for sustainable and eco-friendly practices in recent years. Customers are increasingly seeking out hotels and restaurants that prioritize environmental conservation and social responsibility. Keeping up with these trends can be crucial for maintaining customer loyalty and attracting new customers.

Political and Legal Factors: Political decisions and legal regulations can have a significant impact on the hospitality industry. Changes in visa policies, taxation, labor laws, health and safety regulations, and licensing requirements can affect how hotels and restaurants operate. Political stability and government support for tourism can also impact the growth and development of the industry.

Competitive Landscape: The external environment in the hospitality industry is highly competitive, with numerous hotels, resorts, restaurants, and other businesses vying for customers. The actions of competitors, such as pricing strategies, marketing campaigns, and service innovations, can have a direct impact on individual organizations within the industry.

It’s important for organizations in the hospitality industry to continuously monitor and adapt to the external environment to stay ahead of the competition and meet the evolving needs of their customers.

Tags: app for college students essays, assignment helper for students, buy essay online from pro essay writers, essay example

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00

Why choose us, the 'writing bishops'?

Each Student Wants High Quality and That’s Our Focus

Skilled Essay Writers

An online hub of writing bishops' experts. We select the best qualified writers to join our team. These writers are recruited based on their college graduation grades, exceptional writing skills and ability to convey complex ideas in a clear manner. They each have expertise in specific topic fields and background in academic writing. This expertise enables them to provide well-researched and informative content that meets the highest standards.

Affordable Prices

In appreciation of the fact that our clients are majorly college and university students, we offer the lowest possible pricing while still providing the best writers. This approach ensures that our clients receive high-quality content and best coursework grades without breaking the bank. Our costs are fair and reasonable compared to other custom writing services in the market. As a result of maintaining the balance between affordability and quality, we have established ourselves as a reliable choice in the industry.

100% Plagiarism-Free

You will never receive a final paper that contains any plagiarism or AI use similarity index. Our team of professional writers and editors is dedicated to ensuring the originality of all content. We scan every final draft before releasing it to be delivered to a customer for submission in safeassign and turnitin. This rigorous process guarantees that the work meets the highest standards of academic integrity.