Types of Business in Food & Beverage Industry

Food & Beverage

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1. Numerous types of business in the food & beverage industry..............................................3
P2. Several kinds of rating systems applied in Food & Beverage industry...............................4
P3. Present and upcoming developments which influence food and beverage industry............5
TASK 2............................................................................................................................................6
P4. Professional skills needed in Food & Beverage business....................................................6
P5 Legal & Regulatory requirements needed within food & beverage sector............................7
TASK 3............................................................................................................................................7
P6 Various operational & Marketing technology adopted in Food & Beverage sector..............7
TASK 4 ...........................................................................................................................................8
P7 Examination of different elements which influence the process of consumers’ decision
making while choosing food & beverage outlet.........................................................................8
P8 Strategies used by companies in food & beverage outlets for attracting customers and
having loyal customers................................................................................................................9
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Within the current scenario food and beverages firms plays significant role by having large
number of opportunities for entire sector. Few years ago, it has been familiar that this type of
firm or industry which is increasing day to day on the regular basis. Therefore, it is concluded
that this report is on several functions of business and are generally operated in food and
beverages industry in a perfect manner (Bakalis, Knoerzer and Fryer, 2015). There are several
schools in which lots of children are studying so that they find ideal job within this food and
beverage sector. Herein, current and future trend will impact on this industry. Further discussion
will be based on different types of grading system used by business firms at both domestic and
international level. Along with this there are few high profession skills needed through an
individual in order to perform functionally. At last, there are few legal requirements that are
required to consider through team of management while operating business within food &
beverage sector.
TASK 1
P1. Numerous types of business in the food & beverage industry
In current period of time there are several sectors which are collected from food &
beverages industry to increase business growth along with it maximise high sales and revenue in
a better way. Apart from this these sorts of industries mainly concentrates on There are different
types of sectors that plays significant role towards working, those are going to be discussed
below:
Food and Beverages: This is the sector which is playing a very important role within
each and every industry on the basis of customers, this is because visitors always want to have
high quality of food and goods while they are travelling at several locations as per their needs.
These sorts of services generally include restaurant services, establishment, catering and so many
(Belyakov, 2015).
Accommodation & Lodging: This is considered as a subdivision which is mainly found
by the hotels who are offering luxurious and pleasant facilities like drinks, breakfast,
complimentary snacks and so on. All these sorts factors always helped travellers to make stay

more pleasant along with make trip more memorable. After this visitors always gives positive
feedback that gives better results that increase overall growth of firm.
Entertainment: Within the food & beverages industry plays essential role in providing
various additional entertaining facilities to guest so that they can capture their entire attention
and able to increase firm’s growth in a perfect manner. According to this era customers also want
entertaining facilities rather than the accommodation services so as to enjoy their precious time
with family and friends in an appropriate manner (Bohari, Hin and Fuad, 2017).
P2. Several kinds of rating systems applied in Food & Beverage industry.
There are numerous kind of system of rating which all are applied in food and beverages
industry at global level, these are elaborated in beneath:
One-star rating: This is a type of rating system is given to that hotel industry which is
offering different types of accommodation services to their entire visitors. Therefore, the main
purpose of this system is to satisfy customer’s demand and increase business growth
successfully. Along with they always make plans to offer additional amenities to attract large
number of customers. Therefore, these assorted hotels mostly target those type of guests who are
able to afford their services in a successful manner.
Two-star rating: This kind of rating system is same as one rating star. So the main plan
of this star is to offer huge amenities to travellers apart from providing other facilities like
dinning, Television and so on. The main concentrates among targeting guests who are able to
avail such type of facilities such as drinking, gambling and other services. Therefore, this kind of
hotel generally developed in public area.
Three-star rating: These assorted hotels offer large size of their rooms along with valet
parking to guests. They are considered as better hotels in comparison with 1 or 2 rating. They
also give huge facilities to their travellers like gym, club, playing area for kids and so on. All
these factors attract customers the most and increase hotel’s value with huge sales and revenue
(Dopson and Hayes, 2015).
Four star rating: In such types of hotels focus is made on providing luxurious and
comfortable services to its unique guests. These types of rating hotels also considered as a
superior hotels who also give valet parking, swimming pool, gym etc. Along with this, they also
give better products at bathroom like body wash, cream and shampoo with high quality. With the
help of giving all these they attract ample number of clients and achieve their goals.