Hospitality Management Essay Example | Topics and Well Written Essays - 500 words

Hospitality Management - Essay ExampleConsumers who generally like to give their memorable holidays in the countryside resorts experience more(prenominal) alter travel experience in terms of lodging, sp atomic number 18 food dishes and many some other benefits. Basically resorts are more expensive than hotels and these are preferred by the niche segment of people with higher disposable income. therefore, these types of consumers generally prefer to get customized or personalized services especially for their recreation purpose. Taste and preference of customers is continuous changing factor and it is one of the most(prenominal) important areas where the businesses need to focus. In the hospitality industry, the businesses have been identifying gradual change of service expectation from the customers. There are three major drivers behind this change. These three drivers are educated demanding customers, adoption of new engine room in hospitality industry and globalization. Th ese drivers stimulate the demand of hospitality service by the customers and also are the main reasons for their new personalized service demand from mainly the hotels and resorts.Resort vacation has becoming more demanding tourism service. It has been identified by many researches in tourism industry that resorts are becoming more preferable by the potential consumers with high disposable income. Therefore, it can be forecasted that in the coming decade, the consumers testament prefer resorts vacation more than hotels. This is because resorts vacation is a complete tourism package which including travelling, foods, logging and other entertainment services. Resorts provide more customized and personalized services than hotels. Consumers with comparatively high income level prefer to spent vacation with their families at least two to three times in a year. Therefore, they generally train locations far from the crowded cities like country sides, sea and heal areas. Resorts are gene rally developed in those areas with natural beauty

Treasury and Risk Management Assignment Example | Topics and Well Written Essays - 1000 words

Treasury and Risk Management - Assignment ExampleThe present value of the project stands at $1.15 million dollars over the five periods of exploration. Based on the estimated value of the initial costing of capital, I do not think it allow for be profitable to undertake the ore extraction (HOWELL, 2007). The cost of exploring the ores initial capital stands at more than half of the profit that the project pass on yield. This is not lucrative establish on the fact that the prevailing economic conditions ar bound to change.When such a project is to be explored, there are myriad factors that need to be put into consideration. This acknowledges other conditions and political risks such as expropriation. Expropriation refers to the use of private property for public reasons. When such a case occurs, it is pertinent that the affected members be appropriately compensated. It is also essential that the will of the owners of the land be served (BRINK, 2004). However, in such conditions, m any of the landowners are usually mistreated by the government hence tarnishing the name of the explorer. This will, in turn, affect them politically in terms of popularity and international relations. at that placefore if expropriation will be avoided or stands at low percentages, then it will be okay to move on with the ore extraction. However, if the percentage is large, then it will not be good to proceed with the project.In a meeting to discuss expropriation, I would be glad to invite major stakeholders to the project. This will involve a representative from the US government and that of the Mexican state government to discuss the issue. There shall be also the head of the company that is contracted to undertake the exploration and a representative of the great deal in the area of exploration. The information and information necessary for such a meeting will include documents to sign the agreement of certain terms by the parties.There must also be data on past expropriation experienced noticed in the Mexican government so as to rationalize the cost of the same.

Applied international macroeconomics projet between 1956 1986 Essay

Applied international macroeconomics projet between 1956 1986 - Essay ExampleTunisia, officially cognise as the Tunisian Republic, is a country situated on the Mediterranean coast of North Africa, bordering with Algeria to the west and Libya to the southeast. Tunisia got its independence from the French colonialism in March 20, 1956 and Habib Bourguib became the president of new state. He established a strict one-party semipolitical system with a strong hold on economic system and state resources and their allocation. One of Tunisias neat characteristics is its remarkable economic development, sustained over many decades and currently driven by a dish out of market liberalization and integration into world markets (Country Cooperation Strategy for WHO and Tunisia 20052009, 2006, p. 7).Historically, Tunisian miserliness has gone by means of move periods of growth and instability. Its has gone through a transition period of a centrally plan to a more privately managed economy and stabilization and later as a structural reform programs.The social occasion of following paper is to briefly highlight the important aspects of Tunisian economy during1956 to 1986 period. The paper discusses important stinting during this era by splitting it into dickens sub-periods namely- Transition period of a centrally planned to a more privately managed economy and the stabilization (1956- 1970), and - An era of structural reform programs (1971- 1986).Tunisia, officially known as the Tunisian Republic, is situated on the Mediterranean coast of North Africa, bordering with Algeria to the west and Libya to the southeast. ... crisis and instability. Its has gone through a transition periods of a centrally plannedeconomy to a more privately managed economy and the stabilization (since 1956 to 1970) , and structural reform programs 1986-87. W can divide this entire period of economic developments into two sub- periods namely- Transition period of a centrally planned to a more privately managed economy and the stabilization (1956- 1970), and - An era of structural reform programs (1971- 1986).Transition Period of a Centrally Planned to a more Privately Managed Economy and the Stabilization 1956- 1970.At the time of independence in 1956, Tunisia was facing a crippling economic position mainly because of the huge transfer of money abroad by the crocked Europeans, who had left the country. Yet the country and its leadership were quite optimistic and had strong de end pointination in their potence and progress. They set their targets mainly focusing on education, modernization agriculture and infrastructure and industrialization and heavily invested in these sectors. Although these were fine priorities, yet unfortunately in sixties, they could not reap enough of the benefits to the masses because of their long term investment requirements and strict government policy control over theses sectors. During this period per capita income could not add-on with an sum up in investment. Government strict policy control over economy resulted a rapid increase of money supply and aggregate demands. These factors considerable increased the inflation rate and above all increase foreign payment imbalance. More than 70% of investment was public. More than half of total investment was ground on

Marketing Plan Essay Example | Topics and Well Written Essays - 2000 words - 4

Marketing Plan - Essay casingThe target market of our company will be the major schools and college in the locality. The sports service will give a platform where the school sports teams will be provided the opportunities to participate in games. This service will be different from other kinds of sports clubs and school sports clubs and more details will be provided in the following sections.The evolution activities in sports ar increasing the need of managers and directors with high level of knowledge (CHOCANO, 2004). The six challenges identified by McKinsey for a sport business to be a successful include Players salaries, Changes in technology, Pricing, Internationalization, Innovation and guilty activities by athletes (Patterson, 2004). Since the trends in sports industry vary from country to country, therefore, it is very important to conduct an analysis of the market, where we are planning to start our business.The economy of capital of the United Kingdom has emerged out o f recession and the growth rate is very obtuse and in 2010, the economy is expected to face various hurdles. In a report (2010) it has reported that capital of the United Kingdom economy has faced a decline in average annual growth rate of passengers, a rise in new orders and a rise in expected house prices (London Gov, 2010). In a survey conducted by World Bank in 2010, Doing Business 2010 Reforming through Difficult Times, it was ready that UK is the fifth country in the world and first country in Europe in cost of ease in doing business (London Gov, 2009). Moreover, London Gov (2009) report also shows that the output of goods and services in London has increased in August 2009 and business activity recorded by Purchasing Managers Index (PMI) in August was 54.2 as compared to 52.1 in July. It shows the increase business activities in London Economy.The Government of UK only seeks to help oneself the sports organizations with funding and strategies and does not control the spor t. Moreover, sports in UK are also

California Challenges and Future Industry Paper Research

atomic number 20 Ch whollyenges and Future Indus deliver - Research Paper ExampleAccording to the economic status of California, it has top executive in any event global link that can help to end the challenges it faces contempt that it lacks legal attributes and policy makers of a sovereign country to tackle the problems.This has been a key central issue faced by most Californians in recent years. For instance, California people have been experiencing power blackouts without notices besides having neither immediate nor lasting solutions. This power blackout has decimated the States budgetary surplus leading to great economic loss, as all major government industries are unable to escape such calamities. This has been bringing about great concerns despite the leaders showing no or less concern where they usually play blame games on each other hence ending up with no concrete solution over the menace. This electricity saga started when an opportunity availed itself for the state t o consider restructuring its power system in making it more flexible and antiphonary to changing the economic conditions (Sweeney 2008).Following the implementation of this restructuring it was imperfect in some way that the state political leadership failed in the year 2000 to implement fully the effectiveness of tight electricity markets. Besides which in the year 2001 they mismanaged the issue making it a major crisis. Thereby this era burdened the state with a hard task of long-term obligation correlated with electricity. Because of this hard period caused by the states governor unitedly with other state leaders the saga continues haunting the state up to date as they still try to recuperate from their past era (Sweeney 2008).The state of California has been experiencing water shortage problems since 19th century. This is because of the many changes caused by human activities over the years. For instance, the growing population in both Mexico and United States has inhabited som e of the areas previously occupied by the

Response Journal 3 Essay Example | Topics and Well Written Essays - 250 words

Response Journal 3 - Essay ExampleHowever, an attempt to minimize the greenhouse impression may lead to new problems that will appear in the nearest future. For example, according to the information presented by the French bank Credit Agricole, the consumption of cement will increase in half. The invention of carbon copy negative cement is an ethical situation as it does non stick to major principles of engineering ethics. It is cognize that every engineer must do everything to contribute to the health, welfare and safety of the society he/she lives in. some other important principle is to act only in the sphere of competence. Engineers have no right to purport inventions in any other sphere. That is why it is possible to criticize the above-mentioned invention as it has not been done together with ecologists, who seem to be the first group to handle the problem with greenhouse effect. The developing demand of cement will not contribute to peoples welfare. It is necessary to i nform the open about the advantages and disadvantages of cement utilization to act according to the principles of ethic engineering. The next step will be to cooperate with ecologists and inform the public in case of any other innovations in the field. Works Cited Alok Jha. withstander News and Media Limited, Feb. 2008. Web. 31 Dec. 2010

Journal Essay Example | Topics and Well Written Essays - 1250 words

journal - Essay ExampleThis people could overeat in any labor shortage in the future thus defeating the hypothesis the text of the deem that in the future, our workforce may be composed of old people. There are just a lot of people who do not have a duty that it will no longer be necessary to employ the aged in the future. Journal entry 2 Chapter 5 - risky Five profile To put my reaction in perspective, I need to mention my scores when I in like mannerk the considerable Five Assessment. The result was kinda accurate. I score a nine in extraversion which meant that I am basically a sociable person. I to a fault scored an eight in wound up Stability which suggests that I am emotionally competent to get a job done. I also scored a nine in Agreeableness which meant that I can work swell up with others and lastly, I scored well in Openness with a nine to cap the assessment. I only scored an eight in Conscientiousness. The Big Five profile assessment is simple and straightforwa rd and somehow gives us a ballpark of our personality. My initial reaction after taking the assessment was curiosity and was quite glad with the result because it somehow matches what I think my personality is. But when I took a hard look at the method of assessment, I also became cautious because I just find it too simple to be able to define my personality traits are. I am not dismissing it but I just find it too simplistic. I thought that this could be more convincing if the Big Five profiling could be complemented by other psychometric tests to validate and cross-check its result. Still, the assessment provided me an immediate insight of what my personality could be. Journal entry 3 Chapter 6 In this exercise, I scored 32 which hovered in the category of Moderate engagement. Again, I find the questions were too generalized and do not really tell my real level of engagement in my studies. For example, what does chair engagement exactly mean? That I am partially interested and p artially not? Or only give my half-best in my studies? The assessment is asking the wrong questions about what my exact feelings and thoughts about studies. It is because thither are subjects that I am really interested in that I enjoy canvas them eventide if I am not in class. These subjects seems effortless to me and thus, time flies when I am studying. But there are also subjects that I am not interested in. These subjects are quite a drag and effort for me to study and it takes tremendous amount of effort for me just to study. And even when I study them, it is just for compliance and to pass the subject. The factors that makes a subject engaging or not were also not factored in. That could include a myriad of factors such as how they are taught, aptitude of the student, tools using in teaching them etch that could really tell the students engagement in his or her studies. Also, I find the questions in the assessment repetitive. They are basically asking the same questions ony that they are rephrased to confirm answers. Journal entry 4 Chapter 7 In the exercise of Measuring Perceived Fair Interpersonal Treatment, I scored 36 which suggest that I was in hovered in as a moderately fair organization. It was an internship job so I cannot complain and I had a pretty unsloped experience working in that organization. And perhaps this perception is influenced by my expectation of the organization that I will have a good experience w