Friday, December 13, 2013

BUSINESS ECONOMICS

Introduction Harvey World tour Limited (HWT) is a sell croak mode group and claim business. The familiaritys distribution mesh topology includes everywhere 550 retail outlets with 400 in Australia, 53 in sassy Zealand, 102 in in the southern Africa and 1 outlet in Egypt and vitamin E Timor. The bases main business focus is the leisure posit market. The fraternity started its operations in 1951 in Cronulla, Sydney and during 1979 it had six family owned outlets. The HWT Group licences the Harvey World Travel name and systems to franchisees. As at June 2002, 70% of stores were franchised. unlike depart operations of Harvey group has been in distribution network, the Company is capitalising on the distribution capabilities made workable by the Internet. The station allows users to book airf atomic number 18s, accommodation and car rentals (both domestically and internationally). The company operates in fiercely competitive survive manufacturing where it faces more therefore 20 competitors. Its challenges is to retain its market plowshare through its franchise network using internet, strategic alliances with Qantas, case Australian Bank, ANZ argot and Citibank. As it operates in Australia, New Zealand and South Africa it faces competition from flight of stairs Centre, Jetset Group, American Express and UTAG mainly. Various services offered by Harvey world travel is franchising, leisure travel distribution, foreign exchange bureaux, travel indemnification and call centres. The endeavor will focus on: 1.          commercialize grammatical construction 2.          bespeak and elasticity 3.         Product differentiation 4.         Competitive advantages 5.         Asset specificity, exercise and agency costs 6.
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        Conclusion Market Structure The structure of the travel industry is monopolistic competitive in spirit as the barrier to entry doe non exist. Harvey world travels competes in a fiercely competitive travel and tourism industry with more than 18 competitors. Flight centre, Travel land, Jet group, UTAG are major rivals. Harvey world travel provides leisure travel, deals with... I in truth like the structure and content of this essay. However you did blither close elasticity at the beginning and you assumed the reader would eff about it. May be you should have apt(p) a very brief description of elasticity. Furthermore you didnt submit what figure of elasticity: price, income or cross. Since you were talking about the firms beg curves I would have to assume it is price elasticity. If you want to choose a full essay, order it on our website: OrderCustomPaper.com

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