This paper wiil analyze the strong and growing trend towards the importance of attaining quality of life has spawned the global fitness and health industry. Fitness and exercise are components of a high quality of life. Exercise stimulates both physical and mental wellbeing according to the World Health Organization…
Approximately 78% out of the total population of 4.6 million belong to the 15-64 years old age bracket which represents the target market of the fitness club of Global PLC Ventures. Another 20% of the total population is below 15 years old. These two population segments comprise the future consumers of the new fitness centres in Dubai.
The extremely robust private sector growth has created the need for new workers. Dubai had received US $32 trillion dollars in foreign direct investment that had funded the construction of new office buildings, residential towers and condominium residences in 2007 and 2008. These new businesses require many new workers. The labour force has increased to 4% per annum as new companies and enterprises open next year. Expatriate workers have been hired to work in new companies. Dubai has a very young and growing population: 47% of its population are below 15 years old. This fast-growing young population and the business executives are the target market of the Fitness business of Global PLC Ventures for its health and fitness business.
Dubai has an open policy towards foreign businesses. It allows 100% foreign ownership and offers tax breaks to foreign companies. The most interesting development of Dubai is the three man-made islands: The Palm Islands, The s The Palm Dubai and The Palms. The project is being handled by Al Nakheel Properties. This property development will establish new residential, leisure, and entertainment areas. The two man-made artificial palm tree-shaped resort islands established Dubai's position as a top tourist destination in the Middle East. The Palm Islands is now...
This paper approves that nutrition, exercise and a healthy lifestyle are becoming achievable goals with the establishment of fitness clubs in various parts of the world. Most of the fitness clubs offer state-of-the-art exercise equipment, individualized personal fitness training, group classes and nutrition advice. Indeed, the fitness industry is an emerging sector which can capture a wide and affluent clientele in carefully chosen business sites of Global PLC Ventures. The company must choose very interesting locations such as developed economies which guarantee growth and profitability for its fitness operations.
This essay makes a cocnclusion that in terms of the bargaining power of buyers, it will be low since most of the consumers get high salaries as executives and employees of government firms and government controlled corporations. There are also many citizens who are working in multinational corporations as key executives. Public and private corporations give very high compensation and benefits packages for the citizens. Hence, the possibility of establishing fitness centres is nil for Brunei and Dubai citizens and residents as they do not have the appropriate technical training and business knowledge pertinent to management of a fitness business. In terms of the bargaining power of suppliers, it will be low because the fitness gym business is highly capital intensive due to high rental costs, high human resource costs and high maintenance costs of the equipment. A regular supplier of gym equipment cannot just easily venture into the fitness gym business; he must have a high capital. ...
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Its brand is also marketed in its Lifestyle Shop, which offers consumers a line-up of shoes, bags, and fashion accessories that embody the MINI lifestyle look. It also has a clubsport series known as the MINI Challenge, which features duels and “go-cart” type events Presently, MINI Australia would have experience in retail goods marketing through its Lifestyle Shop.
It has remained robust despite deteriorating economic trends in recent years and amid various sectors facing enormous difficulties in the last decade especially in the last five years. However, the gyms And fitness Centres industry has expended strongly in the last five years because of growing disposable income levels, increasing health consciousness as well as augmenting concerns about personal appearance.
Wellness, Fitness, and Longevity.
Physical activities have proved to be extremely essential in improving and in the maintenance of healthy lifestyles. Physical exercise helps in preventing excessive weight and in the maintenance of weight loss. Secondly, physical activities aids in combating severe diseases and healthy conditions.
This analysis is used to ensure that all aspects of the macro-economical environment are covered while assessing a business and ensures that key factors like Political environment, Economic factors, Social factors and Technological factors are taken into account.
It is, however, difficult for most individuals to fit in exercise into their already busy schedules. The fitness plan give below requires only 30 minutes of exercise and an alteration of diet. Thus, it can be followed by even the busiest of people.
There are other businesses that tend to enter the industry. Good Health Fitness Center as a business organization stands a better chance in the industry. However, there are other businesses that would attempt to enter the industry but get locked out by entry
For this. I will take a 30minute aerobic class in the first week. In the second week I will introduce treadmill and in the third week I will drop treadmill for jogging while at the same time doing Yoga and aerobic. The last two weeks I will go for weekend swimming for 1hr
Before the exercise program can begin, an assessment has to be carried out. This assessment involves checking for physical fitness in terms of how much their muscles and cardiovascular organs can endure. These fitness tests are, however, preceded by discussions on
(2010) and the article “Extending the Scope of Organisational Culture: The External Perception of an Internal Phenomenon” by MacIntosh and Doherty (2007).
While the organization selected for examination of organizational culture by MacIntosh and Doherty (2007)
pay to the franchisor as predicted by income and transactions for the three companies Planet Fitness locations in the 2013-2014 financial year (IBIS World, 2015).Of the 42 sites of companies that operated for at least 12 months to 31 December 2013-2014, which represent three
2 Pages(500 words)Assignment
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