External Business Environment

External Business Environment Assignment Support

introduction
With appropriate analysis and interpretation, the contents of the report are being developed so that the purpose can be met, which is a matter of concern with the British economy. This report will be discussed in relation to the hospitality industry. Since the hospitality industry has a great impact on the economy of the country and there is an important role in the development of the economy. The report will also discuss various laws related to hospitality industry, and this discussion will include various rights of tourists, which are being determined by law and government officials of UK.

task 1
a. Dscuss the market structure as it exists in England and identifies its effect on the hospitality industry at both national and local levels.
Market structure: Market structure is one of the most important aspects for every industry whether it is hospitality industry or any other industry; This is like a pillar for the hospitality industry. It is of different types and some of its officers are available in the market. It is a fact that the service sector has a very important role in the British economy and one of the major contributions is the hospitality sector. Different market structures have a direct impact on the British economy at the national level.

Free Economy, Perfect / Impact Competitors: There are ample opportunities available in the Free Market Economy, which are being provided to the Hospitality Sector as it helps in the development of the country's economy. The right competition also gives the hospitality field a definite platform as it provides a good part of the hope to the region through which this area can refine the management of its work in an effective and efficient manner. Incomplete competition does not provide an effective market because there is no stability in the process.

Monopoly, Monopoly Structures: There are many options available in the elite category for hospitality sector and help develop their personality. In monopoly there are only two players in the market who set their rules in the market.
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England Market Structure: Market structure involves monopoly market in England. The hospitality industry has covered a vast area of ​​England's market, hence the market's hospitality industry is dominating, and is an effective way to maximize profit. Some of the organizations that dominate the market are Inter Continental Hotel, Costa Coffee and Starbucks. (Jenning, 2001)

Effect of England Market Structure:

National level: Market structures available in England have a great impact on the various aspects of the British economy at the national level. All amenities are provided by big houses such as wine bars, restaurants, hotels, etc. These big house clubs are available throughout the UK, making their domination in the market and earning their profits. For example, Radisson Blu is a hotel that has a chain across the UK that dominates the market to earn profits.

Local level: These big hotel chains are dominating small businesses available in the local market and they are getting affected by the process of big companies. These big firms are directly impacting the costs of small units. (Horner and Swörbok, 2001)



Fields of Hospitality Industry in England

More than 180,000 holidays and hospitality establishments, which employ more than 2 million people all over England. It is approximately 7% of the total number of employees in the UK.

(b) Analysis of the impact that the area of ​​this initiative is likely to be on the development of hospitality related businesses.
Amble is a small town, port and a civil-parish on the north-coast of Northumberland in England.

There were many proposals for the development of small-business-village on the harbor at Amble. Finally, in 2014, the UK-based Coastal Communities Fund gave a grant of £ 1.8 million for the development of the Amble Harbor Village. (Whilan and Hunger, 2010)

Some proposals that were put forward were raising the waterfront and ports and opening up, as well as working with local businesses such as food retail outlets, fishing-communities and other city-center business, one To make a completely unique local - Safai Food offers.
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The project was mainly focused on its seafood industry for the development of the city and Northumberland County Council was formed in partnership with Amble Town Council's Ambel Development Trust. The main objective of the project was to convert the Amble to a tourist destination that was excellent in seafood, which would generate more employment and thus help in maintaining a comprehensive economy in that area.



Amble Harbor-Village Development Team

Finally, the Harbor-Village project was set up to accelerate under the leadership of the Ambel Development Trust. Considering the industrial, marine and social history of Ambel in minutes

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