Tuesday, November 12, 2013

COST AND MARKET ORIENTATION

It is convenient at this point to discuss the distinction between cost and market orientation within the hotel and catering industry,as these two terms two are closely associated with the particular sectors of the industry that have been identified.Example of cost orientation are identified in the industry particularly in the welfare sectors such as catering in persons,for patients in hospitals and often for in house,employee feeding restaurants,whilst market orientation examples are found in the hotels,restaurants,popular and fast food sectors,