by ROIC. Return on Invested Capital is a key measure of a company’s profitability that focuses on the true operating performance of the company. ROIC can be calculated by multiplying Return on Sales with capital turnover. This formula indicates that firms can increase their profitability through increasing either return on sales or capital turnover. Regarding efforts to increase ROS, it can be
major companies such as British Airways dominated the European airline before the advent of low cost-low frill airlines. In this sense, Ryanair entered an industry with large obstacles to overcome. Nonetheless, it was able to bust the market by operating with low-costs while maintaining profits, differentiating itself with minimizing the cost structure thus being able to offer the lowest price.
3. 현재 hotel 들의 major differentiating factor는 quality of service provided by employees directly to customers 라고 한다. 이를 부각시키기 위해서 hotel들이 하고 있는 effort들은 어떤 것이 있는지 논의해 보아라.
현재 고급 호텔들의 시설들은 서로와 비슷하거나 동등한 수준이라고 한다. 우리가 쉐라톤, 매리어트, 힐
Corner Suite
- Styled in the tradition of resorts in Southern France.
- These rooms offer a spacious bedroom and a comfortable, cozy living room for one's best rest
Pacific Deluxe
- Decorated in classic studio style as a suite
- Preferred by couples for its romantic setting
Parlor Suite
These rooms offer a cozy bedroom and separate private space
in a luxurious home style
by the Hungarian Economist Béla Balassa in the 1960s. The degree of economic integration can be categorized into six stages
Preferential trading area
A Preferential Trade Area is a trading bloc which gives preferential access to certain products from certain countries. This is done by reducing tariffs, but does not abolish them completely
Free trade area
Explain above
Customs union