Business Research for Performance in Hospitality- myassignmenthelp

Question: Discuss about theBusiness Research for Sales Performance in Hospitality. Answer: Reflective writing I have initiated this business research on the topic Factors affecting sales performance in the Hospitality industry in Australia. In this research program, I have discussed the various factors which are responsible for the change in the sales performance of the companies operating in the hospitality industry of Australia. In this reflection, I will present the key aspects discussed in the business research program, knowledge and skills which I have developed from the execution of this business research. I have discussed the various factors which affect the sales of the companies of the hospitality industry in Australia. For developing knowledge and gathering data related to these factors, different sources have been put to use in this business research program. These factors include intensive competition in the industry, decreasing customer retention, change in the perspectives of customers, increase in wastage, high employee turnover rates and increased operating cost (Tar, et. al., 2014). Sales of the companies operating in the hospitality industry of Australia are also getting affected due to the political, economic, social and technological factors. These factors are the part of the business environment which needs to be dealt in a proper manner (Kandampully, et. al., 2015). This business research has developed my knowledge regarding the hospitality industry and different factors which need to be considered while analyzing the sales performance of the company. This business research has contributed at large to my learning process and to the experience which I have gained from the execution of this program. This knowledge will be applied in different phases of the life and enhances the courage to conduct future research programs. This research has motivated me to conduct research programs in future for developing my knowledge (Cantallops and Salvi, 2014). From the execution of this business research in a successful manner, I have attained the objectives of the course. Requirements of the course need to be met for this program. For the future career, this research will act as a base and the knowledge and skills which I have developed from conducting this research. I have focused on performing the research by presenting the quality data for ensuring the reliability of the research. The research topic is a common topic and knowledge of these aspects is crucial for the future career. In the general life, knowledge of the environment and society is vital as this helps in coping with the different uncertain situations arising in front of the individual (Powers, et. al., 2016). I have performed this research program by forming a plan which has served as a guide for the activities of this research. This research has been initiated on the basis of the plans formulated. I have considered the limitations which could have affected the research program. I have considered ethical aspects for performing the research in a right manner. During the execution process of this business research, knowledge of the various aspects associated with the hospitality industry and factors affecting sales have been developed. This knowledge will help in resolving the events in future and taking advantage of the opportunity available (Tsingos-Lucas, et. al., 2017). This business research program has boosted the learning process of mine. This knowledge developed from the execution of this business research program is of great use for me as I have developed knowledge of the aspects of the business environment, the manner of performing research programs and different approaches or techniques for data collection. This program has played a very crucial role by providing a direction to the knowledge regarding the research topic (Dalley-Hewer, et. al., 2015). I have carried out this research program in three parts. In the first assignment, the discussion has been made regarding the background of the research topic, framing objectives, describing the scope of the research and presenting data gathered from secondary sources. In the second assignment, the discussion has been made regarding the approaches or techniques applied for collecting data. Action has been covered in the second assignment which has helped in the completion of the research within the time specified. I will apply the knowledge in future for taking effective steps for solving the issues or events faced in the future. As a professional, there is a need to develop a technique for resolving the issues or events faced in the professional and personal life effectively (Powers, et. al., 2016). Thus, from the above, it can be stated that this business research has contributed to my knowledge and skills. I have learned about the various factors which can affect the sales of an organization. I have developed the skills of conducting a research which will be used in future for initiating research programs. References Cantallops, A. S. and Salvi, F., 2014, New consumer behavior: A review of research on eWOM and hotels,International Journal of Hospitality Management,36, pp. 41-51. Dalley-Hewer, J., Opie, J. Knowles, N., 2015, A creative alternative to reflective writing: promoting skills of reflection through walking a labyrinth,Physiotherapy, 101, pp.e766e767. Kandampully, J., Zhang, T. and Bilgihan, A., 2015, Customer loyalty: a review and future directions with a special focus on the hospitality industry,International Journal of Contemporary Hospitality Management,27(3), pp. 379-414. Powers, E., Vance, M. Fleming, L., 2016, Teaching Reflective Writing Through Learning Communities: An Opportunity to Meet Student Needs and Improve Student-Faculty Relationships, Medical Science Educator, 26(1), pp.129133. Tar, J. J., Molina-Azorn, J. F., Pereira-Moliner, J., Lpez-Gamero, M. D. and Pertusa-Ortega, E. M., 2014, Quality Management and Performance in the Hotel Industry: A Literature Review, InAction-Based Quality Management. Springer International Publishing, pp. 1-12. Tsingos-Lucas, C., Cherie, Anticevich, B., Sinthia, Schneider, C. R., Smith, L., 2017, Using reflective writing as a predictor of academic success in different assessment formats,American Journal of Pharmaceutical Education, 81(1), pp.18.