business entaining

Question

I'd like to ask you what "business entaining" and "corporate hospitality" are. Are they the same? Thanks.

Marius Hancu · Accepted Answer

If you mean entertaining, very probably so.

Clive · Answer

Hi,

I'd like to ask you what "business entaining" and "corporate hospitality" are. Are they the same?

Here are a couple of general comments.

"business entertaining" This is the more common term, for everyday things. eg A salesman takes a customer out to lunch and the salesman's company pays.

"corporate hospitality" This is the less common, and involves grander and more elaborate activities and expenditures. eg The company puts on a Xmas open house, where employees and customers come to the Head Office to eat, drink and meet each other.

Best wishes, Clive

Goodman · Answer

Actually, "corporate hospitality" is something that actually exists in the Semi-conductor world. Every year, there are thousands of manufacturers of components, parts, peripheral support equipment, process equipment companies ,as well as after-market companies will joint the SEMICON conventions, one in the East Coast and one in the . This convention is as important to the semiconductor businesss as to the Oscars night. In fact, so critical that companies like KLA/Tencor and APPLIED Materials and Nikons etc. pour millions in into setting up the convention booth, transportation, hotel suites and catering to entertain major accounts and customers. You may call it a week-long party or corporate hospitality, but lavish menus and expensive wines and liquors are served. In some cases, exotic entertainers are hired to entertain in the hotel suit when the exhibit is closed for the day. After all, this is business expense. Just a little inside fact....

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