The Case Study of Club Med Essay Example | Topics and Well Written Essays - 1000 words

The Case Study of Club Med - Essay Example This cultural concept was picked up during the initial inception of Club Mediterranee whereby both Blitz and Trigano opted to create a vacation camp under the sun that could provide a relaxing experience to guests after the Second World War. Secondly, before the year 2000 it could be argued that the business was largely managed through a paternal approach of which Gilbert Trigano was cited saying that Gerard Blitz and her wife Claudine Blitz were the tutelary parents of the club. Moreover, Philippe Bourguignon who spearheaded major reforms before 2000 in the company, and enabled it to start generating massive profits was disowned by the company’s staffs because of his autocratic management style as they preferred Trigano’s paternalism approach. In regards to the force of competition, it can well be stated that before the year 2000 Club Med had managed to create a monopoly within a unsaturated market niche, which had low level of competition and to a greater extent it co uld be argued that Club Med was the among the first pioneers in the village-camp vacation resorts. According to Magretta (2011), the low threat of competition provided Club Med within an opportunity to expand faster and even diversify to other related businesses. Before the year 2000, Club Med faced low threats of competition since the village –camp vacation resorts had not yet gained wide fame and most players in the hospitality industry only focused on providing customers with high quality experience within high-class tourism facilities. In the studies by Saloner et al. (2001), the low threat of new entrants could further be attributed to the limited knowledge that potential competitors had about the operations of village camp vacation resort and the high amount of capital that was required since constructing a village required a huge pieces of land situated at strategic locations. Before the year 2000, the threat of substitutes was very eminent since there were many excell ent hotels and resorts that had been established. Moreover, substitutes presented a major competition more so for the high-end clients who preferred high-end hotels and luxurious resorts instead of the village-camps where tourist resided in camps. In regards to the buyers’ power, it was stated that because of the availability of numerous substitutes buyers wielded a lot of bargaining power and hence why Club Med offered it services at an affordable range. As for suppliers bargaining power, Magretta (2011) stated that a business organization would be able to wield more power against the suppliers if for instance the business organization buys supplies in large volumes, the switching cost of firms in the industry is low, and there is presence of substitute inputs. As for Club Med before 2000, it is correct to state that it had a stronger bargaining power because of the fact that it had a wide branch network and therefore, it bought its supplies in bulk, which means it was capab le of negotiating for better prices. Reasons for Club Med’s success between 1950s and 1990s In the writings by McLimore (1996), he attributed the success of any venture to the leadership of the venture. In regards to the case study of Club Med its success between 1950s and 1990s can largely be attributed to the exceptional leadership by Gerard Blitz and Gilbert Trigano, who

Government of the Peoples Republic of China Essay

Government of the Peoples Republic of China - Essay Example An assessment of how majority of the stakeholders (the Chinese living in the countryside) benefit from the economic growth of the PROC is essential to qualify the success of being a world power of the developing country. Therefore, a grasp of the policies is important for policies are statements on how the Chinese leadership grapples issues. Moreover, the timeline of this research is beginning from the crucial years of 1978-1979, the time when Maoist China became Dengist. The establishment of the PROC in 1949 heralded a victory for the proletariat's struggle. Many in this working class are farmers who were mostly concentrated in rural China. Hence, it is understandable that development of the agriculture sector and the rural areas remains a priority in a largely agricultural country. In the early years of the People's Republic, in which Mao Zedong was the leader, the principle of collective agriculture was the primary basis in settling policy incongruity. "Ideological imperatives ensured that under Mao, the underlying policy dilemma was resolved through the establishment of a collective agriculture" (Ash 2001, p. 91). Utilizing agriculture to gain surplus was an important element to industrialize, indeed, "the e"the essential developmental role of agriculture is to generate a surplus, albeit one that assumes various forms. A basic imperative is to produce a real surplus: of food, especially for industrial workers and their urban dependants; of raw materials for light industry; and of exports in order to earn foreign exchange" (Ash 2001, p. 77). Labour development was the most evident result and was parallel to agricultural and rural development in Maoist China. "In general, the process of agricultural collectivization was instrumental in providing an institutional framework that went some way toward maximizing rural employment opportunities, albeit at the expense of waste, inefficiency, and the concealment of large numbers of surplus farm laborers"(Ash 2001, p. 78). Mao's death in 1976 provided an avenue for the moderates led by Deng Xiaoping. Modernization of agriculture remained one of the four top agendas, though Deng opted to achieve this by gradually employing an open system. "The ultimate thrust of agricultural policy since 1978 has been to transform China's farm sector from a supply-orientated to a market-responsive, demand-oriented system" (Ash 2001, p. 83). Furthermore, some capitalist aspects were injected to policies in developing agriculture and rural sector under the brand of "Socialism with Chinese characteristics." "In ancillary farming activities (research, irrigation, crop spraying, processing) there does exist considerable potential to realize scale economies and secure the benefits of cooperation. Typically, capitalist agriculture is characterized by the use of small manpower units devoted to the main farm tasks, combined with a significant degree of cooperation in such activities. Farm policy in China during the post-Mao period has increasingly sought to provide institutions that would preserve these valuable aspects of