RESEARCH INVESTIGATION AND PROPOSAL Essay Example | Topics and Well Written Essays - 1250 words

RESEARCH INVESTIGATION AND PROPOSAL - Essay Example During and after the recent financial crisis and recessionary periods in countries where tourism constituted a major proportion of the overall economy, the hotel industry has been severely affected due to loss of market confidence and volatility in exchange rates. The outcome of this phenomenon has been low customer turnover and consumer spending, and profits for hotels, which has in turn led to overhead costs reduction by hotels. Employees consider such uncertain situations threatening to their careers and also this has negative impact on their training and development which has lead to lower employees’ motivation. Despite of the uncertainties in the employment market, employees in the hospitality industry are found to display lower level of loyalty to their employers. This could have severe impact on hotels performance and therefore, this problem is therefore at the crux of investigation in the proposed research, which needs to be investigated particularly in the context of luxury hotels that operate at high pricing and operating costs and place greater dependency on their employees for delivering high quality of services to their customers. This study can be achieved by investigation employee motivation in different luxury hotels and comparing them for its effects on customer satisfaction. The primary objective of the proposed research is to investigate levels of employee motivation in selected luxury hotels and its impact on customer satisfaction. The secondary objective is to explore the extent of both financial and non-financial factors contributing to employee motivation. Motivation has been defined by many in various possible ways. One definition states, â€Å"it is the process that arouses, energizes, directs, and sustains behavior and performance† (Stajkovic & Luthans, 1998). Another way of explaining motivation is put forth by Zaphiris & Ang (2009) as it is an inner willingness or desire of individuals,

Business Myths Case Study Example | Topics and Well Written Essays - 500 words

Business Myths - Case Study Example â€Å"Hey, this meal is fantastic! You should start a restaurant!† This is a myth. Starting a restaurant requires various skills other than being a good cook 5. I’ll just open my store, and people will stream in off the sidewalks and buy from me. This is also known as the â€Å"If you build it, they will come† approach to business. Accessibility does not guarantee success in business. Customer may try it out but will not return if the product or service is poor. 6. It’s a cool idea. Everyone will love this. Often focus groups provide such input to marketers—we love the idea. Focus groups gives an indication of how the market will receive the product in the market given their past experiences and knowledge. But again, not a guarantee that such will succeed in the market. 9. Failure is bad. Failure is the opposite of success. This is why dodge ball has been banned in schools and soccer teams are penalized if they get more than five goals ahead of their competitors. The examples are Myth. But the statement that failure is bad is correct. Taken as a whole, this is a myth. 11. Cash flow is what really matters in business. Profit can just be a trick of accounting whereas cash flow controls whether you can stay in business. Many companies go out of business due to cash flow challenges, even though they were profitable on paper. Myth. While cash flow is important to keep the business running, it is not everything. Business also needs to invest and there are expenditures that do not immediately affect cash flow. 12. Having more customers is better than having fewer customers. Would you believe that some companies go out of business because they have too many customers or too much demand for their product? False. Customers are never too much. They are the very reason why a business exists. B. Is it true that: YOU CAN WIN CUSTOMERS JUST by LOWERING YOUR PRICES? Explain. No. Price is just one of the components in attracting

Macroeconomics Essay Example | Topics and Well Written Essays - 2500 words - 1

Macroeconomics - Essay Example â€Å"Although technology, tastes, and public policy each have important independent influences on the pattern and pace of economic integration in its various dimensions, they clearly interact in important ways. Improvements in the technology of transportation and communication do not occur spontaneously in an economic vacuum. The desire of people to take advantage of what they see as the benefits of closer economic integration—that is, the taste for the benefits of integration—is a key reason why it is profitable to make the innovations and investments that bring improvements in the technology of transportation and communication† (Mussa, n.p.).   Balance of payments is a balance through international operations, expressed in value of all complex economic relations of a country in the form of the ratio of receipts and payments. Balance of Payments is a statistical report that provides data on the foreign trade of a country with other countries over time. Simply speaking, this document reflects economic transaction of a country with the rest of the world. From the accounting point of view, the balance of payments is always in balance. However, deficit or surplus may occur in its separate sections, when receipts exceed payments, or when payments exceed revenues. The principle of double-entry accounting is used in a balance of payments, every transaction has two sides - debit and credit. Under this accounting system total of the debit should always be equal to the total amount of the loan. Generally, any balance of payments consists of two accounts – current account and capital account. A current account reflects operations with real assets, while capital account – with financial assets. According to the majority of experts, current account plays more significant role in the overall balance. For instance, negative current account of the USA has played a tremendous role in negative dynamics of the country’s balance of pay ments. It can be seen on the following graph. The other important theoretical item in international economics is exchange rate. Simply speaking, exchange rate is a price of a motional currency in some particular amount of a foreign currency. There are nominal and real exchange rates. Nominal exchange rate - is the relative price of currencies of two countries, or the currency of one country, expressed in the currency of another country. In turn, the real exchange rate describes the ratio in which products of one country can be sold in exchange for goods of another country. The following law is related to the problem of exchange rates. â€Å"The law of one price is the theory that the price of a given security, commodity or asset will have the same price when exchange rates are taken into consideration. The law of one price is another way of stating the concept of purchasing power parity† (Financial Theory, n.p.). Chapter 9 A curve of production opportunities is dependence tha t graphically illustrates the possibility of simultaneous production of two products based on limited resources spent on producing these products. A simple production possibilities curve is presented on the following picture. The curve is constructed in a coordinate system, each of which reflects the output of one of the products. It restricts the production capabilities so that any point on the curve shows the maximum possible resource constraints on the combination of production of two products. Aggregate supply is the total amount

Colonialism gave nothing to Africa,expect poverty,famine, disease and Essay

Colonialism gave nothing to Africa,expect poverty,famine, disease and underdevelopment. Discuss - Essay Example The past has been so tragic that the future looks hopeless. Undeniably, the only known fact of African development for the foreseeable future is that underdevelopment and poverty will increase and intensify. The hallmarks of underdevelopment in Africa have been the increase in slums, stagnating agricultural production, widening elite mass gap, increase in diseases, foreign debt, and balance of payments deficit. Underdevelopment scholars have contended that the underemployment of human and natural resources and insufficient development was acquired by African nations as a result of historical circumstances such as colonialism, neo-colonialism and slavery. Colonial history of exploitation and extraction has been attributed the continent’s current status. Boahen (1987: 89) notes that there is no doubt that a huge amount of structural attributes of the process of economic underdevelopment has historical roots that go back to past colonial times. Experimental studies have confirmed that there is a connection between a nation’s past colonial experience and its current level of economic development. According to Cooper (2002: 76), colonization of African nations applied a direct effect on the post-colonial arrays of growth and human and physical capital build-up. This paper will focus on underdevelopment and poverty in Africa providing an account of the ancient roots of Africa’s underdevelopment. It will focus on the period before and during colonialism, and the effects of European colonialism on the development of the region. During the pre-colonial period, African nations had well-established laws, customs, ethics, conventions and rituals, which were particularly effective in resolving issues and conflicts both within and outside the community. These institutions were fruitful in overpowering numerous forms of predatory or rent-seeking behaviour (Boahen, 1987: 91). Rent-seeking behaviours are those acts of exploiting the political process in

Diabetic health education and client's non adherence to teaching Research Paper

Diabetic health education and client's non adherence to teaching - Research Paper Example The proposed program focuses on diabetes patients in Cobb County in Georgia. Introduction Diabetes is one of the major chronic diseases found in the current world. It is in the group of metabolic ailment that is diagnosed in relation to high level of sugar in the body. The level of sugar in the body is determined by the inability of the pancreas to produce enough insulin or the poor response of cells towards the insulin produced (Brill, 2011). High levels of sugar in the blood lead to classical symptoms of diabetes which are: increased thirst, frequent urination and increased hunger. Scientifically, these symptoms are termed as polydipsia, polyuria and polyphagia respectively. The adverse impacts of this diagnosis are loss of weight while in other cases paralyze some of the body parts (Fratti, 2011). However, there are three types of diabetes. This is articulated to the cause of the ailment. The first type is known as Type 1 which is caused by failure of the body to produce insulin. This requires the patients to frequently inject insulin into their bodies. The second type is known as Type 2. It is caused by insulin resistance thus the condition occurs when cells fail to utilize insulin produced in a proper manner. The third type is referred to as gestational diabetes. This type of diabetes arises when pregnant women who have not been previously diagnosed with diabetes eventually develop high levels of glucose in their blood during the gestation period (Graffy, 2013). Description There is need to educate the public on the causes of diabetes and ways of surviving with it if diagnosed. This approach can foster control of the disease through proper management and mitigation. Basic education provides the public with a rough idea of the disease and ways of managing it as well as the approaches taken towards its control. In this case education is an essential tool in the minimization of diabetes infection. The greatest fear in dealing with diabetic patience is their n on-adherence to teaching. Lack of knowledge about the disease makes the patient vulnerable and prone to worse stages of the disease. Education reduces chances of accruing the disease by providing healthy living tips. Healthy living makes the immune system stronger as well as creates room for positive metabolic processes. This makes it hard for the body to experience sugar deficiencies as well as high levels of glucose in the blood. Wellstar Cobb clinic has designed a proposal that will foster education in the region and minimize the adverse effects of diabetes disease in Cobb County. The main aim of the program is to assist at least 20 financially disabled patients diagnosed with diabetes. This notion came into concern after the clinic realized that some patients abort medication after a certain period of time. This form of ignorance is associated with the type of lifestyle in the region as well as the harsh economic conditions. Assessment Diabetes is currently a world pandemic. 34% of annual death rate result from diabetes related cases. Countries such as Canada are highly affected as it has registered over 9 million diabetic patients between the year 2011 and 2013. The worst scenario is that of the developing countries as the case is sterilized by high poverty levels. Most diabetic patients from the developing nations hardly survive for a long period of time with the disease due to high costs of food products and medical facilities in these regions. In other cases, developed nations

I dont have topic on mind you can choose an easy one Research Paper - 1

I dont have topic on mind you can choose an easy one - Research Paper Example In essence, this paper explores the two major challenges faced by students in their research projects i.e. finding and using of quality research sources. Those who have written research papers prior to this reading have probably found difficulties in the process of searching and citing of sources, with some viewing the process as totally mechanical (McClure 51). However, this process of searching and citing of sources usually ends with a writer producing rhetorical work. In order for a student to get their readers to accept their writing, believe in it and be interested in it, it is vital to locate the appropriate sources of information and make use of them effectively. Types of Research Sources. It has become well conversant with almost every individual in the contemporary world that we breathe in an information age where information is tangible and has numerous capabilities with it including influencing of government strategies and the public’s opinions, destroying and creating of wealth, as well as effecting social change within the community. Students usually have a wide range of information emanating from varied sources (McClure 56). For a student to have a significant influence on their audience, it is essential that they know all the available research sources, how and where to find them as well as how to put them into quality use. Primary and Secondary Sources. A primary source of research can be defined as that which presents the learner with first hand learning and or information about a given subject. They provide the researcher with first hand evidence regarding a topic under study while at the same time offering the researcher with direct access to the events and or phenomena under study. A suitable example is where one is studying the history of the First World War. If the researcher decides to study the maps used by soldiers on battle fields and the letters they sent to their relatives back at home, then these are primary sources. Other

5.Discuss the characteristics of group decision making. Identify the Essay

5.Discuss the characteristics of group decision making. Identify the benefits and issues in a hospitality or tourism context using relevant examples - Essay Example There are certain situations that group decision making is more preferable to individual decision making as it may be more efficient. In the hospitality industry however, its particularly stated that when creativity and efficiency is most essential, and there is relatively limited time group decision is the least preferred (Kusluvan 2003, p.18). Nevertheless, group decision making is beneficial as it has the advantage of individuals having diverse skills, experience and knowledge. Organizations in the hospitality industry are encouraged to incorporate more group decision making as its participative. Participative decision making in the sense that employees at different levels are asked to participate in the decision making process more so in decisions that affect them. Groups that are incorporated include task forces, project teams and committees as an attempt to achieve better decisions and more commitment to include employees. Decision making at group level will enhance the effectiveness of decision making and enhances problem solving. The combined effort of individuals is believed to improve the quality of decisions made. Some of the characteristics that are exhibited by successful groups include the following: the group is quite small, it exudes open communication among its members and they all have a common mind set, the group members easily identify with each other and they are all agreeable on acceptable group behavior (Walker, 2009, p.43). Group decision making does work best however when all the group members are accustomed to working together and there’s some overall commitment. Setbacks associated with group decision making however are it can be seen as a time consuming activity and more so when the members have a differing expertise point of view. There is also the fear that mediocre decisions are more likely to be made as group leaders at times tend to be more manipulative and dominating and likely to take credit when the