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Assignment 702 Task A

Decent Essays
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Task A

(http://www.ibisworld.co.uk/market-research/catering-services.html)
The Catering Services industry has struggled during the past five years. Since 2008-09, a severe economic downturn has led businesses and households to spend less on catered events. Businesses faced with plunging profitability cut back sharply on catered events such as office parties, corporate seminars and product launches, and reduced average spend per head for events that did go ahead. The deteriorating consumer climate led consumers to put off discretionary events and choose to cater events themselves or spend less at a restaurant rather than use the industry 's services.

Similar to the textiles and fashion industry, the catering industry is interesting in…show more content…
In wealthy markets, the leisure and pleasure sectors outperform the economy in general. It is usually the case that, as people become wealthier, their extra income is not spent on upgrading the essentials but on pleasure and luxury items. However, whenever there is a downturn in the economy, the leisure sectors suffer more than others.

Differences between the commercial and non-commercial sector
In relation to hospitality and catering, the non-commercial or “public” sector exists in the form of hospitals and institutes of education. Organisations in the commercial sector are privately owned and exist solely to find a niche to exploit to make money. While money-making is still a factor in the private sector, it is not the main goal. With the primary goal, demographic and expectations of the target audience, along with location and budget, all taken into account, different areas of the hospitality and catering industry begin to differ widely.

Public sector
Controlled and funded usually by tax, and an important part of an individual city’s economic and social infrastructure, the public sector has seen additional attention paid to it by legislation attempting to standardise or control the consistency and content of their meals. (http://en.wikipedia.org/wiki/Free_school_meal) -“The 1944 Education Act made it an entitlement for pupils to receive a free school meal. This entitlement was scaled back in 1949
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