Im writing this task to give a full idea about the business model of Value Chain and how do be applied into the hospitality industry which really is a modern industry in fast development with many difficulties. In fact hospitality is something started about 100 years ago and is also in constant progress. This business model can help us to comprehend how value can be put into a company in order to involve more customers thinking about a touristic products and create more revenue. Inside the first part I am going to introduce the Value chain and its activities followed from cost gain, differentiation and exactly how important is the technology.
Economics can be broken into two broad categories: microeconomics and macroeconomics. Macroeconomics is the study from the economic system overall. It includes processes for analysing changes in total result, total work, the consumer price index, the unemployment price, and exports and imports. Macroeconomics addresses questions about the effect of changes in expense, government spending, and taxes policy in exports, end result, employment and costs. Only combination levels of these types of variables are considered.But hidden in the combination data will be countless changes in the output degrees of individual businesses, the usage decisions of individual customers, and prices of particular goods and services. Although macroeconomic issues and policies order much attention in the press, the microeconomics of the economic climate also are important and often are of even more direct software to the daily problems facing the administrator...
