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BUSINESS

horeca-english

HORECA (Hotel Restaurant Catering Café): A Growing Marketing Channel in the Foodservice Industry

The term HORECA is itself an abbreviation of Hotel, Restaurant, Catering, or Café. This marketing channel, which originated in Europe, has now expanded across Asia, the United States, and many other parts of the world. Recognizing its growing importance, many businesses have adopted various software solutions to enhance the effectiveness and efficiency of operations within this sector. Over time, the scope of HORECA has expanded beyond traditional hospitality to include other retail foodservice sectors such as amusement parks, resorts, hotels, and the travel industry.

equity-english

What is Equity? A Comprehensive Guide to Ownership, Value, and ROE

Equity refers to a share or stock, which signifies an ownership interest in a company held by the owner or shareholders. There are different types of equity, such as: Owner's Equity: Refers to the control the owner has over the company. Shareholders' Equity: Also known as stockholders' equity, refers to the valuation of companies, especially those not publicly traded. Private Equity: Refers to companies whose shares are not publicly available for trading. A higher Return on Equity (ROE) is considered better.

red-ocean-blue-ocean-strategy-english

Red Ocean and Blue Ocean Strategy

Red Ocean Strategy and Blue Ocean Strategy have nothing to do with oceanic knowledge or marine science. Rather, these interesting terms are used to describe two powerful business strategies. All existing and well-known industries or businesses in the current world fall under the category of the Red Ocean. On the other hand, industries or businesses that don’t yet exist in the market — possibly innovations that are highly necessary for our lives but remain undiscovered — are considered Blue Ocean.