If you are feeling stuck or confused on how to write an industry specific essay, check out our essay examples to get you back on track. EssayBizLab helps you find samples specific to your topic and use them as a guide. In addition to understanding the given industry, you will be able to locate credible sources cited in these essay examples.
The variety reduction model is concentrated on special teams or groups. The whole procedure of the variety reduction process is done by recruiting a team of a few people to study the problem. A simple procedure is depicted below: In the above diagram standardization method is used in two kinds...
Executive Summary The economic developments taking place in the KSA open up opportunities for businesses, especially those in the service sector. As people gain more disposable incomes, one of the most common items purchased is a vehicle. Commercial transport service providers also tend to purchase multiple vehicles. Today, there are...
As evident from the graph, the growth of the tourism industry was very rapid in the 1950s-1980s but slowed down towards the end of the 20th century. This can be explained by three factors. First, the rapid growth of demand was highly influenced by the fact that after the Second...
Table 1 analyses the changes in the world tourism trade from 1986 till 2006 in the number of exports. To begin with, the most evident conclusion from this table is that developed countries of the West such as Germany and the United States were dominant tourist countries during the last...
The demand and supply in the tourism industry are affected by a wide variety of factors, including political, economic, social, technological, legal, and environmental. For instance, the post-9/11 legislation influenced the immigration policies in many countries, making it harder for the tourists to enter, whereas the development of aircraft technologies...
The electric car industry is likely to evolve and gain a considerable share of the entire car market. At present, the electric vehicle market comprises only 0.5% of the overall car market. It might take over up to 20% of the market within a decade. The external environment is quite...
The present work will assess the use of outsourcing for tourism and hospitality businesses and evaluate cultural challenges that may arise in relation to it. The subject is of critical importance to the sector because businesses that operate in it are in constant need of services that may be provided...
It is suggested that the Executive Committee approve the construction event venues at the major branches of our regional hotel chain. Event venues are one of the key expectations for hotels, with flexible event spaces being utilized for a wide range of uses by guests and outside parties as well....
The incentives for future oil exploration As prices go up, life becomes very expensive, thus slowing down development. Being a natural resource, many countries will tend to explore this resource in their country. The development of alternative energy sources The rising oil price prompts governments across the world, from EU...
Pay global attention: this involves the blending of cultures, personal preferences, being multilingual, and acting as global market players. The hospitality industry can achieve this strategy by blending a multitude of cultures in their organization and applying global concepts in their business. Uncovering the unexpected: this involves exceeding the expectations...
The wine industry is an extremely traditional and fragmented industry. The main wine-producing nations are France and Italy and despite newer wines being produced in the USA and Australia, the European wines continue to be considered the best wines by wine lovers. These wine lovers are extremely anti-branding. People who...
This market has been largely run by the private sector since it was privatized in 1998. The telecommunication industry in Saudi Arabia is dominated by three major companies, which are Saudi Telecom Company (STC), Mobily, and Zain. The stiff competition in the industry has led to every company looking for...
The construction industry contributes a tenth of the UK’s total gross domestic product (GDP). Additionally, the industry employs over 1.4 million people and thus can be ranked as one of the labor-intensive industries in the UK economy. The industry contributes significantly to the economic growth and development in the UK,...
The non-price determinants are Government policies, population change, advertising, mechanization and computerization, other related products. The first factor that will trigger SteamScot to increase its price is the cost of maintenance, renovation, and expansion. SteamScot is currently planning to renovate its existing infrastructure. If the price of the materials necessary...
Misconduct or fraud is a widespread issue in many spheres, including the pharmaceutical industry. One reason for that is the heavily regulated nature of the industry, meaning that key actors possess significant power. Apart from that, the pharmaceutical industry combines business and scientific interests, creating a considerable potential for misconduct...
Introduction The real estate industry or “real property” is the key element of the economy, as this vital sector is a critical driver of any country’s growth. Residential real estate implies land, building, and air rights above the land and underground rights below it (Amadeo, 2021). The main difference between...
Introduction Nowadays, the Tesla company occupies a leading position in the production of electric vehicles. Tesla has risen quickly to become one of the planet’s most rapidly growing businesses. Tesla’s success can be ascribed to the auto industry’s innovation. Tesla has built a reputation as an environmentally conscious firm that...
Winemaking is the deliberate fermenting of grape juice to produce wine. This process is complex and involves many steps that include not only harvesting and producing the wine but also storing and selling it. The video by GuildSomm Introduction to winemaking sheds light on such bewildering art and allows viewers...
During the eighteenth century, France was developing the vine-making business and was one of the first countries of the Old World that introduced the wine culture to the rest of Europe and the lands outside it. Bartlett & Mara (2016) claimed that French “grape growing supported 1.5 million families and...
Anyone operating a fashion business must be aware of the increased access to information about the brands by customers. The culture of replacement is what those who want to remain in the fashion business should embrace. Lin (2022) is convinced that buyers have now changed their focus from having stylish...
Fault tolerant processes are as of now needed in a few significant application areas. Other than and in supplement to different potential methodologies, for example, demonstrating or scientific displaying where relevance and precision are altogether confined n account of complex shortcoming lenient frameworks. Fault injection purposely acquaints mistakes with a...
Four control loops can be identified in the control model: ‘in control’, ‘acceptance control’, ‘required change control’, and ‘positive control’ loops (Longest & Darr, 2014). The example of the ‘in control’ loop is the situation when the integration of the new patient safety system led to decreasing the safety issues...
Introduction The objective of the assignment is to compare the thickness of plywood sheets manufactured by Winsor Plywood and Royal Plywood companies and determine which one is thicker. Conditions, Rejection Criteria, and Hypotheses Conditions Compare the means of the thickness of the two types of plywood sheets. The hypothesis test...
Abstract Conducting market analysis is an important aspect of starting any business. This is also true for engaging in the medical services industry. An understanding of the needs of the market, known as the market gap, which informs any existing demand is important. It is also important, as part of...
Industry analysis Industry Background and Overview The cosmetics retailing industry of the US is comprised of department stores, the sales of which have been declining in the past years, as well as “niche brand in-store boutiques”, drug or food stores, “direct merchants, and mass retailers” (Mills par. 2). The products...
Mass Transit Through the Eyes of a Conservative Rick Geist views mass transit as an economic generator and a people mover. The former in the sense that, no productive economy can survive without an effective mass transit system in place. In addition, the latter is in the light that a...
Lean manufacturing implies changing the approach to operations within a certain enterprise for enhancing their effectiveness by eliminating the common processing errors. This paper will outline a 5S project for tackling the waiting and transportation wastes in the chosen factory regarding the first 3 S’s (sorting, setting in order and...
Introduction The human race has improved the way of day-to-day handling activities with the ever-changing technological advancements. People continued to abandon the common and simple tools and equipment and replaced them with technologically advanced gadgets which make work more manageable and are faster and effective. Devices such as refrigerators and...
While cooking at home might be viewed as a healthy and affordable way to have a meal, eating out is still a significant part of people’s daily lives. Around the world, human beings visit restaurants to meet with friends or a date, have a party, or simply enjoy delicious cuisine....
Television has been a major part of most people’s lives in the 20-21st century, and its use has been a staple of modern life. Few can imagine their household without a television, and the invention of smart TVs has only expanded the scope of its possible application. Speaking from an...
Amusement Parks Amusement parks are an essential part of the entertainment industry in the modern world. They are beneficial for their owners from the economic perspective as it makes a financial profit. What is more, it is advantageous from the social point of view because it is an affordable way...
The educational services sector establishes institutions and organizations that provide various kinds of training from elementary schools for children to educational centers for adults. This sector plays an essential role in our daily life since every citizen is obliged to receive an education. Besides, many adults have to take refresher...
OZ Minerals Limited is the third largest Australian mining company and the second largest zinc producer globally. The company mines zinc, copper, lead, gold, and silver. It was founded in 2008 by merging the multinational companies Oxiana Limited and Zinifex Limited. According to the company’s management, the merger was carried...
Today, people are able to find a variety of services and buy products as per their needs, resources, and interests. Companies have to compete regularly to demonstrate their professionalism, quality, and efficiency. Thus, a number of business models and assessment approaches are created to cover current requirements and meet all...
Introduction The significant contribution made by copper mining towards the development of the Zambian economy is undoubted. Since its inception, the mining industry has helped numerous people in the society earn their daily bread not to mention the revenue earned by the Zambian government from the industry. The industry has...
Introduction The preceding chapters expose the existing knowledge on the glass ceiling phenomena and its manifestation in the hospitality industry. The chapters also reveal the existing theories, specifically the Social Roles Theory, which identifies division of labor along gender lines and how that affects the progress of women at the...
Abstract The building and construction projects carry on experiencing delays on account of a variety of factors. The impacts of these delays manifest themselves in the form of amplified costs and operating expenses on a project and delay claims are perhaps the most challenging form of construction dispute lawsuits to...
Introduction Macau is an area that covers approximately 29.2 sq. km; this is close to sixth of Washington D.C. this area consists of Coloane, Taipa and Macau Peninsula. The city has 550,000 residents, and collects more revenue from gaming than that of Atlantic City and Las Vegas is combined (Braunlich,...
Study Background Introduction In economy, inflation is the increase in the price levels of commodities. The level of inflation in a country has both the direct and the indirect influences on the economic development. Positive changes in the economic development entail an improvement in the standards of living of people...
Introduction Life Cycle Costing Analysis (LCCA) is a modern technology used to determine the most cost-effective options for purchasing, operating, maintaining, and disposing of an object or process. This strategy helps in the economic analysis of building projects (Gille 2010). In the construction industry, Life Cycle Costing provides the total...
Introduction Corporations have been increasingly responsive to stakeholder pressure for societal and environmental information, especially on important matters like carbon disclosure and social programmes (Stanny & Ely 2008). Demand from stakeholders has focused on environmental and social disclosures. Stakeholders have complained of lack of disclosures about environmental impact of corporate...
Introduction Over the years, different civilisations have relied on the construction industry to support the human activities prevalent at the time (Ralph 2000). Presently, the global construction industry is experiencing a surge owing to increased human activities like trade and industrialisation. Just like any other sector, the construction industry is...
Introduction Quality is rapidly becoming a global issue as well as a concern to both the suppliers of services and the consumers of those services. In healthcare, quality is reaching a new dimension in that, it is being demanded and expected thus providers are judged by it. Health care quality...
Abstract Lessons from the history of accidents in the construction industry have shown the industry as one that has experienced one of the highest rates of accidents ranging from minor injuries to severe injuries and other forms of severe and mild injuries. Research into the cause of accidents in the...
Introduction Healthcare industry is amongst the largest economic sectors in US. As a result, it consumes a significant proportion of the country’s Gross Domestic Product (GDP). In 2006, the sector’s total consumption averaged $2.17 trillion. This represents 16.5% of the country’s GDP. The rate of consumption is expected to increase...
Introduction The construction industry is experiencing stiffened competition in the evolving world since many construction firms are emerging daily. However, people are urged to be very cautious of the construction company that they choose for their construction needs. Cases have occurred where buildings collapse a few months after their construction...
Introduction Human beings have for centuries exploited science to their benefit. By increasing their knowledge in various scientific fields, they have been able to come up with innovations that have greatly benefited man and led to the advancement of human civilization. Biotechnology has emerged as the youngest of the sciences...
Abstract Organizational change involves changing occurs when change is adopted by altering the organization structure, objectives, goals, and policies. This is mainly done to improvise on the level of organization competition performance and customer service. Organizational change leads to assorted views and reactions towards the change. When change occurs in...
Introduction Mining is a multi-billion dollar industry that provides massive employment to millions of people worldwide. On the flip side, however, mining especially of oil and precious stones is ironically more of a “curse” than a blessing. There is nowhere in the world when mining generates wealth and negativity like...
Document: Introduction The Saudi Arabian government is under the Royal leadership of King Abdulla Bin Abdul-Aziz. Through the royal declaration of the Two Holly Mosques King Abdulla, the Saudi Arabian National Strategy Implementation Plan of 2012 emanates. The intended national strategy aims at transforming Saudi Arabia into a knowledge-based economy...
Definition of KPI Key performance indicators are tools that firms use to determine the level of progress towards achieving a given goal over a specified period. Samsonova (41) defines key performance indicators as “Metrics used to help a business define and measure progress towards achieving its objectives or critical success...
Saudi economy and the role of women Currently, Saudi Arabia is considered to be one of the most sustainable economies in the world; this result can be partly attributed the efficient use of its natural resources, especially its oil reserves. The country possesses approximately 18 percent of the world’s petroleum...
Model of work organization Malinowska-Olszowy (2012) argues that the need for innovation in the apparel industry is one of the greatest concerns for business administrators because in this way enterprises try to strengthen their competitiveness. This is why these organisations pay attention to new business models that can “both facilitate...
The oil industry of the world is largely privatized and uses the US dollar as its exchange currency. Since oil companies require large capital to function, they are reliant on credit, debt balance and management, investors, and banking transactions to remain in profit. American, European, and even Asian companies such...
Case Analysis 1 The last few weeks have been marked by much excitement when Samsung announced it would be releasing its Samsung Galaxy 8, which is lauded to be the most attractive smartphone so far. Not to be left behind, Samsung’s chief competitor, Apple, is also poised to release its...
Introduction Oil and gas sector is among the most important industries in the world. The industrial activities in the sector have a direct effect on economic, political and social aspects of the society. Therefore, firms within the oil and gas sector face sharp criticism from all angles most of the...
Introduction It is important to note that the United States possesses one of the strongest manufacturing sectors in the world; in 2015, the manufacturers alone have contributed above two trillion US dollars to the economy, allowing the industry to experience incredible growth, and become more capable of contending internationally. Consequently,...
Abstract The recession has affected the world economies since 2008. Due to the connectivity of world economies, what started as US economic problem was replicated to other economies in Europe and Asia. Unfavorable climatic conditions in less developed countries of Africa only aggravated the worse situation. Many citizens who depended...
Introduction The British American Tobacco PLC is the second largest international tobacco holding in the world. The company has pride in trading tobacco in more than 180 markets worldwide, while moving over 300 brands in the market. The BAT Company is committed to the manufacturing and processing of tobacco in...
Executive Summary The formation and establishment of Teva Pharmaceutical Industry can be backdated to 1901 when started to operate as a wholesale distributor of drugs with its base in Jerusalem. The successful formation of the company was facilitated by the fact that there were readily available pharmaceutical professionals who were...
Introduction Today’s dynamic industries have stimulated the need for creativity and innovative capabilities re-emphasizing the realities of globalization. In view of increasing pressure from globalization, one of the terms of interest in our study is international trade. Trade is indeed a major driving force in any economy and critical to...
Introduction The world is poised on the next phase of development and the coming decades hold promise of vast advances and development in technology that would make life more comfortable. But development needs power and energy, energy to run the industries, automobiles, to power homes and cities and the unfortunate...
Abstract With fossil fuels becoming more expensive and scarce with each passing day, the world is looking with renewed interests at renewable and alternative fuel sources both for the cost advantage and also since these fuels are green fuels and do not cause pollution. While the previous century was driven...
Acknowledgment This dissertation is the culmination of a highly challenging but very interesting journey towards the completion of my master’s degree. The journey was long and full of twists and turns that I may not have been in a position to overcome without the support of several individuals. These individuals...
Introduction It can well be stated that a strategic location to create linkages with other countries, modern Saudi Arabia is a rich place to invest since it’s an oil-producing country and dominated its economy through petroleum industry. The location of Saudi Arabia is to be found in a position that...
Introduction Tobacco is a major health hazard and an important economic commodity. If it were not harmful to health there would be no reason to control its use. On the other hand, if the market for tobacco were small there would be little opposition to the regulation of this trade....
Abstract The principle point of this study was to evaluate the relationship between service quality and client maintenance in fast food outlets. The paper checked in the past and current writing to introduce the hypotheses. This study utilized both essential and optional information. Essential information is whereby the analyst gathers...
Abstract The dissertation is aimed at examining and analyzing the performance of the Nigerian manufacturing sector over the last five years with the objective of identifying the main influential factors behind the weak performance of the manufacturing sector. The examination and analysis of the Nigerian manufacturing sector is conducted in...
Abstract Oil has thrust the Nigerian economy from an agrarian economy of the 1960s to the global oil market of the 21st century. Nigeria has vast reserves of good quality crude oil and natural resources that has served as the main contributor of its revenues. But the benefits of oil...
What have you learned about your chosen industry? The oil and gas industry is among the key industries in any economy in the contemporary world. This industry involves the exploration, mining, refining, distribution, and marketing of oil and gas products (Hilyard 2012). Even though oil and gas exploration and extraction...
Letter to the President Dear Mr. President: Thank you for placing your trust in me, by asking me to investigate whether or not it would be appropriate to blame the high price that Americans must pay for gasoline on the nations that belong to the OPEC Cartel. After my investigation,...
Michael Porter is famed for his competitive force model that has been used to analyze the competitive environment with the sole aim of crafting an effective competitive strategy. Porter identified five variables that can be used to evaluate a firm’s competitive force. These variables are; The bargaining power of the...
Industry background The electronics industry has transformed the modern-day media and communication platform by offering the consumer a wide range of products from which to choose from depending on their financial social and preferential status. It is the most competitive industry in the 21st century and stands among the highest...
Introduction The beverage industry is a complex array of businesses that collectively provide most of the beverages consumed in the world. According to the American Beverage Association, the industry contributes about $ 178.5 billion to the United States economy in domestic and foreign earnings per annum. Furthermore, it provides employment...
Describe the firms in the proposed merger. List their annual sales and the extent of their operations Exxon Mobil Corporation or ExxonMobil is an American multinational oil and gas corporation. The merger of Exxon and Mobil formed it with the emerging company being headquartered in Irving, Texas. According to Agreement...
Executive Summary The automobile manufacturing industry is one of the high labor and capital intensive sectors in the world today. The industry is composed of giant companies that manufacturer cars, trucks, and buses. The companies in the industry incur numerous costs throughout the production process. Automobile firms focus on the...
Automobile history initiated with European technological inventions that happened in the 18th and 19th centuries when the United States of America started mass automobile productions. Subsequently, the world economic recession that triggered World War II resulted in the consolidation of the highly fragmented automobile manufacturing market that eventually enhanced the...
Introduction Managements use Porter’s Five Forces Model in scanning environmental components to aid in strategic management and market research in various industries. In most cases, companies use Porter’s Five Forces Model to ensure that they develop efficient market entry strategies in new markets. The essentiality of this paper is to...
The market identification and the type of its structure The airline industry has an Oligopoly market structure. In this industry, there are few companies operating in it. The oligopoly structure is characterized by situations whereby each company affects and is affected by transformations in the market. This is because there...
