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The Business Sector of Australia

   

Added on  2020-03-16

10 Pages1934 Words39 Views
Running head: BUSINESS RESEARCHBusiness ResearchName of the Student:Name of the University:Author Note:
The Business Sector of Australia_1
1BUSINESS RESEARCHTable of Contents1.0 Introduction..........................................................................................................................22.0 Project Objective..................................................................................................................23.0 Project Scope........................................................................................................................24.0 Literature Review.................................................................................................................24.1 Australian Hospitality Industry........................................................................................24.2 Major Factors Affecting Sales Performance in Australian Hospitality Industry.............35.0 Conclusion............................................................................................................................56.0 Reference List......................................................................................................................77.0 Appendix..............................................................................................................................9
The Business Sector of Australia_2
2BUSINESS RESEARCH1.0 IntroductionOver the bygone years there has been an extraordinary development across the businesssector of Australia. Among the many segments, the hospitality industry is recognized to beone of the most influential economic drivers not only at a local and state rank, but also at anational level. As per Chen (2014, p. 431), with an employment of more than 300,000personnel over 6,807 hotels, restaurants and bars, the Australian hospitality industrygenerates an annual income ranging between $10 billion to $14 billion. However, Bugeja etal. (2014, pp. 248-261) states that there has been a recent downfall of sales performance dueto certain factors.This particular project focuses on the various issues that have greatly affected the hospitalitybusiness of the country. In order to identify and learn about the different characteristics, thereport includes a literature review as well. 2.0 Project ObjectiveThe major objectives for this project are as follows:To study the current condition of Australian hospitality industryTo recognize and categorize factors that affects sales performance of the sector3.0 Project ScopeDespite of being well developed, the Australian hospitality industry has been faced with somechallenges that directly or indirectly impacts its sales volume and thereby revenue generation.This particular project along with studying the past conditions focuses on the present to beable to find out the most affecting elements. Further, the project also makes use of severalprimary and secondary data sources with a motive to develop an accurate report on the topic. 4.0 Literature Review4.1 Australian Hospitality Industry
The Business Sector of Australia_3

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