Cruise Industry - Essay Example

Only on StudentShare

Extract of sample
Cruise Industry

This therefore, divides the market into different influential spheres. The fragmented industry allows all its players to create niches and the market shares where each one of them can work in, unlike in the consolidated industry where there little or no niches for the small players (Enz' 514). Q.2 In the cruise industry the cruising market is a single and segmented entity where products are differentiated mostly by the preferences of consumers and the assumption is that there is an increase in the overall sustainability and completion. Therefore, the cruise industry can be characterized as an oligopoly. The market structure of the Cruise industry is noticeable by the fact that there are few large firms such as the Carnival Corporation, which dominate this market, which all offer identical services that have a significant barrier when making entries in this industry. The cruising industry is widespread in the world and diverse in all ways. It dominates most of the modern landscape today and the economics. Each of the firms in the cruising industry keep a close eye on what other firms in the industry are doing. Thus, a firm’s success in the cruising world is not entirely dependent as a sole entity. ...Show more

Summary

Name: Tutor: Course: Date: Case 1: Q.1 Industries like the cruise industry are less competitive as compared to the fragmented industry. The reason behind this is because in fragmented industries there are numerous small players whereas in the consolidated industry there smaller numbers of players and big firms which share the market…
Author : tturcotte
Cruise Industry essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Cruise Industry"
with a personal 20% discount.
Grab the best paper

Related Essays

Perception and attitude of British customers towards cruise travel
While the global trend is clearly focusing towards bigger and larger vessels, which offer the cruise line industry greater economic benefits, the opportunity balance for Britain is more inclined toward rather smaller vessels which are capable of entering the coastline that have shallow ports that cannot accommodate the larger vessels.
13 pages (3250 words) Essay
Cruise industry in India
The emerging trends like the rise in the standard of living, Modern lifestyle, enhanced economic standards, competitive work culture and the revelation of internet based technology in tourism and travel has made the planning vacation easier.
4 pages (1000 words) Essay
William Connor Case Study for Cruise Industry
This work sets out to decide the significance of approach, basically the dissimilarity flanked by 3 forms of policy, specifically the intended policy, emergent approach and situation preparation. In agreement with this, the compensation and difficulties of these planned consideration in family member to the growth of main/core policy.
11 pages (2750 words) Essay
Research Proposal for Marketing in the Cruise Ship industry
For this reason, the following study proposes a new approach to marketing to revive the cruise line customers by understanding their behaviour, motivation and preferences. The study shall
6 pages (1500 words) Essay
Cruise ship business
Cruise industry analysts reveal that the industry market capacity has been used up to 70% with a further 5% increase expected to be seen in 2015 (Tony, 2011). Such figures indicate that there is major potential to venture in this field. With its
2 pages (500 words) Essay
Cruise Line Industry
Also included are demographics showing the market that Carnival targets, strengths, weaknesses and today’s threats. Finally, where does Carnival stand in
6 pages (1500 words) Essay
Hotel Management
The kind of transport they offer to their customers does not have a prime purpose since it often operates on routes that eventually get the passengers back to the original port. Recently, the Cruise Industry has become more competitive in land-based resorts
2 pages (500 words) Essay
Why Cruise, why cruise line is used
This paper explores why cruise ship to targeted audience is beneficial for them. Unlike in the past when sea voyages were inclusive experiences, current day cruise lines have tailored
2 pages (500 words) Essay
Competitiveness of HK Cruise Tourism
I identified my personal weaknesses in the areas of communication, socializing and confidence level. My communication skill is not highly developed which may act as a constraint for achieving my career objectives in the future. My less confidence is reflected in my social
24 pages (6000 words) Essay
The cruise industry is growing quickly, but it does not have a good reputation for being sustainable. Amongst other claims it is said that ships often offload waste in inappropriate places and the tourists themselves are arguably not in port long enou
The introduction of tourism in an area usually alters the way the local people and the country uses and value marine ecosystem. Before the introduction of tourism in the coastal community, it was found that most of the locals in the area practiced farming and
10 pages (2500 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT