Retaining High Potential Employees

Generally, talent management refers to the identifying, developing, and retaining high potential employees for top key business positions including training, career planning, HR development, succession planning, performance management, balanced demand and supply of qualified workforces so that the organization can reach to their target goal but the approaches vary from organization to organization. Talent management is one of the fundamental terms in the operational area of HR governance where talent attraction, talent development, talent deployment and retention are four major paradigms to ensure the sustainability of human resources.

If there is no proper managerial succession planning, the practice of learning organization, career planning and mentoring, then the retention of highly talented people would be very challenging for the long run. The current study also expects the positive relationship between talent management and sustainable human resource development and develops the following hypothesis: There is positive relationship between talent management and sustainable human resource development.

The practices of sound HR policies directs towards the strong committed labor pool for any organization. HR policy is the foundation of all HR activities. It is the written directions about the employment and plays a remarkable role to implement organization’s HR strategy effectively like transforming organization into a more optimistic perception, transparency and psychological contact regarding the job .

Moreover, it is not static dictation rather continuously updated and improved with the changing environment such as developing new HR policies, implementing, reviewing and ensuring that human resource expertise is represented as part of the skill set of the board of directors. The current study ought to examine the relationship between consolidated HR policy and sustainable human resource development and following hypothesis is developed: There is positive relationship between consolidated HR policy and sustainable human resource development.

Although risk is inevitable in business environment, it is also common in HR practices. So, the organizations need to identify, observe, prioritize and manage key HR risks with a pragmatic, integrated and coordinated approach which might be comprehensive analysis of its personnel risks. For instance, the optimistic HR environment leads to the minimum level of risk and increases an organization’s ability to manage risks.

HR Risk Management

Service Line Leader in the United States of America (USA); Christopher Lipski pointed that managing risk in the HR area has gaining increasingly importance for global executives. Good HR governance includes the proper risk monitoring activities such as standard code of ethics, contingent management, conflict, stress management and so on. As proactive approach, companies must be careful of becoming risk complacent when they assume that they can forecast the future accurately. This hypothesis is developed to prove the following relationship:H3: There is positive relationship between HR risk management and sustainable human resource development.

The actual growth of an organization completely depends upon the intelligent and skilled employees’ collaborative team performance. From this perspective, employee development is an emerging issue for the sake of organizational development. It means the physical and psychological both development of employee and organization as a whole. Hence, it is believed that when human resources would develop, organization would be more flourished regarding its overall growth.

Now, it is a common practice to all concerned organization to turn the human resources into the human capital through effective training and development, offering the scope of self-actualization, coaching and mentoring, on the job career development and overall interpersonal skill development which will lead to the intended employee performance. The following hypothesis is developed to examine the relationship between employee development and human resource development:H4: There is positive relationship between employee development and sustainable human resource development.

Simply, the compensation is the monetary value to an employee in return of his/her services. It comprises some other benefits and rewards for the employees which they receive in the forms of pay, wages, fringe benefits and so on which work as motivating factor behind their best performance. The behavioral aspects of employees are affected by compensation. Monetary benefits can increase feelings of self-reliance  and also increase pain tolerance . If the compensation system is appropriate for all then organizational policies and procedures could have their desired effects.

Moreover the structure and implementation of compensation systems not only can affect employee motivation, but also can improve safety, quality, and creativity at their workplace. The following hypothesis focuses on the impact of compensation on human resource development:H5: There is positive relationship between compensation benefits and sustainable human resource development. Employee welfare comprises various benefits and facilities such as allowances, housing, transportation, office time meal and medical insurance etc.

It also includes monitoring of working conditions, creation of industrial harmony and so on. Employee welfare oriented environment leads to increase the number of satisfied employees which ultimately ensures the incremental profitability growth. Some common cherished employee welfare activities at workplace are flexibility in job responsibility, community benefits, transportation facilities, childcare facilities and so on. Some Bangladeshi organizations are practicing the employee participation in Workers Profit Participation Fund (WPPF) which is one of the significant fringe benefits for employee welfare.

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Project Management Coursework

What are the major problems at WCE?

  • One of the major problems that can be interpreted from the responses of those interviewed is the lack of communication between departments and ranks. Different departments think negatively of each other because they do not let each other know what they are expecting from each other.
  • Another problem that WCE is experiencing, which is ironic to the business, is their lack of computerized and advanced equipments to support their operations. Some personnel interviewed admitted that they do not have the advanced tools for their database, planning and control which inhibit the company’s full potential.
  • One other issue that the company is facing is the lack of expertise of some personnel, even the seasoned ones. Although non-degree employees may have helped the company reach its status in the industry now, the company would still need the skills, knowledge and talent of those who finished a degree and specializes on it.

 What appears to be the major problem?

  • I guess the major problem that Wynn Computer Enterprises is facing now is the lack of effective communication. All of the issues cited above can be eliminated should the employees have a good working relationship with each other and can openly communicate. Communication is very important in a large company such as WCE. Proper channeling of concerns is needed for the company to succeed and everyone to prosper.
  • When employees realize that acquiring advanced equipments with be more beneficial to the company, they could have presented a proposal to the management and showed what this move will do for the company. If there is an open communication among different ranks in the company, that particular task can easily be done.
  • Same thing goes in resolving conflicts between the degreed and non-degreed personnel. Both sides just need to cooperate with each other, and respect and listen to each other’s ideas and thoughts. Limitations and constraints of marketing

Can line managers effectively wear two hats?

  • A line manager can possibly wear two hats, i.e. perform the tasks of a project manager at the same time, but he will not be able to perform his all his duties effectively. A line manager is already experienced on his side of operations. If he’ll be assuming the responsibility of a project manager at the same time, his attention will be divided between the two roles.
  • He will not be able to focus on his duties and responsibilities in being a line manager.
  • He may not have the right skills and proper knowledge in dealing with the project as a whole and effectively communicating with external parties that are also involved in the project.

 Should there be a group of project managers?

  • A group of project managers is a good idea especially if the project has a wide range of scope. In WCE’s case, computer equipment manufacturing involves several processes and may benefit from having a group of managers for new and old processes.
  • There may be separate groups but I guess having just a single group for both old and new processes will enhance the skills and knowledge of these project managers since they can be exposed to different operations processes and products.

The Critical Chain

There are no real-life systems with twenty constraints. They have one, maximum two constraints.

  • In my opinion, real-life systems can have more than two constraints or limitations. In a project or certain endeavor, there are several risks and uncertainties that are associated with it. These risks become the limiting factors of the project. When it comes to risk identification, some risks are not accurately identified by project managers and staff. They will just eventually realize a certain constraint once they encounter it in the middle of the project.
  • According to The Critical Chain chapter, setting the exact time-frame that a certain task will be finished is very difficult. Engineers can only give an ample estimate of the time that is well within their reach to protect their reputation. This time estimation depends on a lot of things such as available resources and ability of the members and staff to finish the tasks. These dependencies on a lot of things already form constraints in the project.
  • Having just one or two constraints, I believe, is close to an ideal situation where most of the things and processes are assumed to work well according to plan. It is indeed better to work on just a single constraint or limitation as project managers can focus in resolving this limitation and come up with a workaround.
  • In essence, I believe that projects or systems may not have as much as twenty constraints but possible to have more than two. Several risks and uncertainties in project planning contribute to these limitations that a system can have.

Much better solutions emerge by refusing to attempt to find a compromise, and instead concentrating on exposing the underlying assumptions.

  • I believe this statement is true. In trying to find a compromise, there will not a total resolution to the existing issue. The act of finding a compromise seems like a way to escape on the problems and refuse to face them.
  • If project managers concentrate on exposing the underlying assumptions instead, other team members, staff and employees can understand things better and may even be able to help in resolving some conflicts and issues based on the underlying assumptions.
  • A compromise is also not acceptable if high quality output is desired in any system or project. Finding a compromise is like settling for mediocrity, which is not a good business strategy and is something that project managers do not aim for.

I think that the statement given is true. If all underlying assumptions are exposed, all the persons involved in a project will know how to better approach the situation and come up with a more sound solution that addresses the assumptions. Compromising is not ideal for project managers to do as it is not a way to really solve a problem. It’s just like sugar-coating the issue with a mediocre solution, which may possibly turn to a much bigger problem.

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Social Responsibility of Business

However, in the 21st century it is a firms’ responsibility to create a broader range of value along what is called the Triple Bottom Line, which consists of people, planet, and profits. Although financial profit is vital for a firm to exist, the intangible benefits that come from operating with society and the environment in mind go way beyond pure financial gain. As a manager, hiring hard-working and competent individuals to work for your firm is obviously important, but it is often not enough.

Your employees are takeovers Just like you, your customers, your suppliers, and even the firm’s shareholders. Taking their concerns into consideration, and allowing them to express themselves openly and honestly can make them much happier employees. Happy employees provide better quality customer service, which leads to happier customers. Happier customers lead to more business, which leads to happy investors. In other words, making your employees happy can have prosperous results.

Although conducting “green” business is expensive and may require costly investments depending on what industry a firm is in, we are obligated as a planet to move in that direction. Practices like pollution and deforestation, along with byproducts like CA emissions are very rough on the environment, and unless we engage in cleaner, more sustainable practices, we may cause irreversible damage to the planet. A quote comes to mind, although I don’t remember where I heard it from: “If you think economics is more important than the environment, try counting your money while holding your breath. Yes, it’s a bit extreme, but it effectively puts the importance of the environment into perspective, and reminds us that there are future generations relying on our consideration and treatment of the environment. I hope that businesses in the 21st century will take more accommodative and proactive strategies toward CARS practices than their historical counterparts. Due to the costly nature of CARS related activities, I doubt that all organizations will truly support CARS activities, and will continue to take reactive and defensive stances regarding CARS.

Being realistic, however, we can see that CARS is becoming a hot topic mongo firms around the world, which means Coos and other shareholders are likely to begin to push their company’s in that direction. It may be because the shareholders are genuinely concerned with ongoing social issues and the sustainability of our environment, or it may be because the CEO simply wants to promote their company in a positive way to the public. Either way, it seems that CARS will become much more accepted and practiced as the 21st century progresses. Both the benefits of implementing CARS activities and the inevitable costs of ignoring them cannot be denied.

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Factors impact the tourism industry

What PEST includes?

They are political, economical, social, technological, environmental and legal factors.

Political factors include how regulations are and policies imposed by government might affect the way business is conducted. A number of political factors such as government policies, internal political issues, consumer laws, lobbying and pressure group affect the business strategies of the hotel industry. Take for instance import and export tariffs which can make it difficult or uneconomical to do business with certain countries.

There may be restrictions on land acquisitions where by the government needs to now the type of hospitality business that is being set up as well as the size of the organization. Therefore if a hotel is wishing to expand as a result of increasing demand or some other factor, government may hinder this growth by bringing forth such laws. Another political factor affecting the hotel industry is the implementation of taxes. Take for instance the Value added tax (VAT) which was introduced in SST. Lucia on October 1, 2012 where hotels are to pay 8%.

This can have a financial burden on some hotels especially those which are struggling to survive in the industry.

Economical

Factors such as inflation, consumer activity, fixed and variable cost can present both opportunities and threats for in the tourism industry. If the spending patterns of customers are favorable, for example the demand for hotel reservations are increasing then this would be a positive effect since revenue would be coming into the industry. In contrast if hotel reservations are decreasing then this would not be good for the industry because revenue would be lost.

Inflation is another factor which can affect the tourism industry. It involves a general increase in the price of odds and services and a fall in the purchasing value of money. This can have a chain effect on the tourism industry because a general increase in the price of goods and services means the hotel is spending more on purchases needed to run its day to day activities such as groceries, toiletries and other expenses. To balance off this increase in price, businesses in the industry may increase their prices on services and goods provided; this in turn can reduce demand which may affect profits.

Sociological attitudes and profiles are constantly changing. As a result the tourism industry needs to be abreast of issues such as gender bias, lifestyle expectations and being conscious of social norms. This can help businesses in the tourism industry to develop better marketing strategies. Hotels which target certain type of guest such as movie stars or well known singers need to ensure that strategies are put in place where workers are well trained to liaise with persons of such status. Management can put seminars together winner workers are trainee In areas sun as proper customer service, articulate speech and personality development. Also learn which political factors affecting hotel industry

This would help worker s feel more confident in the workplace which would have a positive impact on the business and the industry on a whole. The Tourism industry operates in a world of rapid technological change. This involves new ways of introducing goods and services and also ways of communicating with target market s. Technology allows businesses in the Tourism industry to advertise online where a large customer base can be targeted. Persons are able to make reservations online which are more convenient and efficient not only to the customer but the business also.

Environmental factors also impact the tourism industry.

This relates to the ecological and environmental aspects that will affect the demand for a company’s products and how that business operates as a result. They include environmental regulations, ecological regulations, and reduction of carbon footprint, sustainability and impact of adverse weather. Today, many laws are being placed in order to help protect the environment. Businesses are not allowed to throw particular waste Just anywhere. The seas are protected where by certain waste are not allowed to be disposed in it. In the tourism industry many businesses are looking for ways to lower the impact of their energy consumption.

The positive effect of a responsible environmental attitude is that it may attract new customers who prefer to purchase more ethically derived products. Legal factors have an impact on the tourism sector also. It relates to laws, regulations and legislation that affects the way a business operates. Legal factors which affect the tourism sector include health and safety regulations, employment laws and competition laws. If Health and safety is not well managed, adverse accidents can significantly impact the profitability and sustainability of business in the tourism sector.

If a visitor feels threatened or unsafe during a trip this may impact on the length of stay and expenditure in the country and decrease the likelihood of repeat visits and word- of- mouth referrals.

B) The macro environmental factors which are most important in the present are economical and environmental factors. Economical factors such as purchasing power parity, foreign exchange, trade volume should be important at present because they reflect the way lower local prices or better exchange rates entice rigorists to visit which in turn boosts the well being of the tourism industry.

This would be welcoming for the business in its present stage because a better tourism industry means success for any business in this industry. Another factor which is also very important to the tourism industry presently is environmental factor. A poor environment would never be beneficial to any business be it in the present or future. Therefore proper disposal of garbage, carbon dioxide emissions and sustainable resources are of great importance. People obviously prefer to visit places with “unspoiled” natural surroundings.

C) The factors which will be important to the organization in the next five years are technological and environmental factors.

1 . Technology is forever changing. The programs the hotel uses today may become obsolete in the future and as a result strategies have to be put in place for future technological advances. Technology has ten great advantage Tanat It allows Duskiness’s to replace expensive unman ladder, tans not only reducing labor costs but avoiding issues of customer service. Investing in technology can be very costly. Therefore the hotel should plan in advance for future genealogical changes.

2. Environmental factors will also be of great importance in the next five years. Many businesses present actions can have a negative impact on the environment. Most times the effects of such actions are not seen in the present but in the future. Scientists have predicted the damage that global warming has on the earth such as adverse weather conditions which we are already experiencing. This can have a tremendous impact on the organization and by extension the tourism industry. Visitors may not be able to travel and as a result business success and deteriorate.

Therefore Sandals should put strategies in place in order to help facilitate any economical abnormalities which may occur in the next five years. In conclusion, the PESTLE analysis is used to examine the current and future state of the industry an organization belongs to. Therefore Sandals La TCO can use such a tool in its strategic planning which can help management gain a competitive edge over the other firms in the tourism industry.

Reference: Smith, Alasdair. (2013, January 13th). How Business Environmental Factors influence Strategy. Chronic. Com.

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Eco Friendly Structures

Major elements of green building design which are: Sustainable Site Design Key Principles: Minimize urban sprawl and needless destruction of valuable land, habitat and green space, which results from inefficient low-density development. Encourage higher density urban development, urban re-development and urban renewal, and brownfield development as a mearns to preserve valuable green space. Preserve key environmental assets through careful examination of each site.

Engage in a design and construction process that minimizes site disturbance and which values, preserves and actually restores or regenerates valuable habitat, green space and associated eco-systems that are vital to sustaining life. Water Quality and Conservation Key Principles: Preserve the existing natural water cycle and design site and building improvements such that they closely emulate the site’s natural “pre-development” hydrological systems. Emphasis should be placed on retention of storm water and on-site infiltration and ground water recharge using methods that closely emulate natural systems.

Minimize the unnecessary and inefficient use of potable water on the site while maximizing the recycling and reuse of water, including harvested rainwater, storm water, and gray water. Energy and Environment Key Principles: Minimize adverse impacts on the environment (air, water, land, natural resources) through optimized building siting, optimized building design, material selection, and aggressive use of energy conservation measures. Resulting building performance should exceed minimum International Energy Code (IEC) compliance level by 30 to 40% or more. Maximize the use of renewable energy and other low impact energy sources.

Indoor Environmental Quality Key Principles: Provide a healthy, comfortable and productive indoor environment for building occupants and visitors. Provide a building design, which affords the best possible conditions in terms of indoor air quality, ventilation, thermal comfort, access to natural ventilation and daylighting, and effective control of the acoustical environment. Materials and Resources Key Principles: Minimize the use of non-renewable construction materials and other resources such as energy and water through efficient engineering, design, planning and construction and effective recycling of construction debris.

Maximize the use of recycled content materials, modern resource efficient engineered materials, and resource efficient composite type structural systems wherever possible. Maximize the use of re-usable, renewable, sustainably managed, bio-based materials. Remember that human creativity and our abundant labor force is perhaps our most valuable renewable resource. The best solution is not necessarily the one that requires the least amount of physical work.

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The Economic Impact on the Community Development at Kampung Sungai Buah, Dengkil, Sepang

The research involves Kampung Sungai Buah in Dengkil in the district of Sepang, Selangor Darul Ehsan. It has a population of approximately five thousand people comprising of local Malays originated from Indonesia since 1921 and the aborigines (orang asli). Other villages under Dengkil include Kampung Dengkil, Kampung Desa Putra, Kampung Jenderam Hulu, Kampung Jenderam Hilir, Kampung Pulau Meranti, Kampung Limau Manis, Kampung Sungai Merab,Kampung Baru Cina, Kampung Semarang and Kampung Dato Abu Bakar Baginda It takes 45 minutes by car from Kuala Lumpur to Kampung Sungai Buah.

Dengkil is a small well-developed town in the district of Sepang, Selangor. It is located between Cyberjaya to the north and Salak Tinggi to the south. In recent years, Dengkil has benefited from the growth of Putrajaya and Cyberjaya which are located nearby. The small town of Dengkil can be a potential tourist attraction due to its proximity to Kuala Lumpur International Airport (KLIA), Sepang International Circuit and Sepang Gold Coast. Kampung Sungai Buah was developed in 1960.The history behind the name of Kampung Sungai Buah was due to the fruits that fell into the river. The resident in the olden days lives near the river. There were a lot of fruit trees along the riverbank. During fruit season the fruits fell into the river and the residents picked up the fruits and that gave them an idea to name the village as Kampung Sungai Buah, which mean the village of river fruit.

Economic development is a term that generally refers to the sustained, concerted effort of policymakers and community to promote the standard of living and economic health in a specific area. Such effort can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives. Economic development is a policy intervention endeavor with aims of economic and social well-being of people, whereas economic growth is a phenomenon of market productivity and increase in Gross Domestic Product (GDP).

No small town can afford more than one economic development organization. The difficult problem of financing an economic development program is exacerbated by having more than one group contending for the same limited funds. Administrative costs increase with multiple economic development groups in the same community. Business leaders become frustrated with paying multiple dues and serving on multiple boards of directors. Insufficient funding is one of the most frequent causes of failed economic development programs. Too many organizations spend much more time raising money than they do performing their missions. Economic development has become increasingly expensive. Experienced developers command higher salaries. Modern office equipment such as computers, facsimile machines, modems and copiers have added to the cost of maintaining an economic development office.

Human development, in turn, has important effects on economic growth. If a central element of economic growth is allowing agents to discover and develop their comparative advantage, an increase in the capabilities and functioning available to individuals should allow more of them to pursue occupations in which they are most productive. In this sense human development can be seen as the relaxing of constraints which may have interfered with profit maximization. Furthermore, although human development represents a broader concept, many of its elements overlap significantly with the more traditional notion of human capital. Thus, to the extent that human development is necessarily correlated with human capital and human capital affects the economic growth of a nation, human development is bound to have an impact on economic growth.

The issues are sustainability in economic development. Some of the villagers are not having fix income and permanent job. The purpose of this research is to analyze the potential of sustainability economic in Kampung Sungai Buah to make it significant as a tourist attraction.

Research objectives:

  • To propose tourism products and to develop Kampung Sungai Buah.
  • To sustain the economic and income generating for the local residents.
  • To promote Kampung Sungai Buah as a tourist attraction.

Financial innovations, such as sweeps programs and interest payments on money, have loosened the relationship between many monetary aggregates and nominal GDP. With some monetary aggregates (e.g., M1 in the United States) affected more seriously by innovation than others, defining money has become a more difficult empirical task. Natural capital is an important concept in the sustainable development literature and a key concept in environmental economics Ekins and et al.

The capital approach to sustainable development aims to measure the comprehensive wealth of nations in order to make sure that future generations will at least have the same total wealth per capita available to them as the current generation World Bank and et al. In that context, total wealth per capita and changes in its value have been interpreted as measuring social welfare. This paper takes the view that these social welfare measures are still too limited, and tries to strengthen the case for the incorporation of subjective wellbeing measures in debates about sustainable development.

Engelbrecht and et al has explored bivariate macro-level wealth–happiness relationships across countries, focussing on total wealth and its three major sub-categories (i.e. natural, produced, and intangible capital) as measured in the Millennium Capital Assessment. Numerous papers have been written about its measurement, its role in the development process and its relationship to social welfare.  However, how social welfare should be measured is itself contested. In contrast to the World Bank and et al , some ecological economists have argued that the debate about sustainability has to go beyond the framework of traditional welfare economics and the capital approach to sustainability, which are focused on Pareto efficiency, and sustainable consumption as a measure of social welfare.

While, undoubtedly, the capital based approach to sustainability is an improvement over income based measures of sustainable development Mäler , it is arguably still too limited. It has long been assumed that small towns are important to rural economies and societies in Europe. Their functions, both for inhabitants and the surrounding countryside have, however, evolved over time. While changes in the agri-food sector have tended to undermine their traditional economic role in relation to farming, technological developments have combined with changes in the relative ease and costs of travel to encourage a diverse range of firms and individuals to re-locate to these rural settlements Marsden and et al.

Harrison developed ‘spatial tracking’ techniques to measure the local interdependencies of farm businesses, concluding that farms tended to source inputs from small towns, although their outputs were considerably more dispersed than they had been historically. Subsequent research on the role of small towns in rural economies by Courtney and et al revealed that the level of local economic integration was a function of proximity of towns to urban centres as well as industrial sector, with private services shown to be more strongly integrated into local markets than other sectors.

More recently, researchers have turned their attention to the role of organic farming in the rural economy and specifically, the potential for organic farming to contribute to rural development Darnhofer and et al (2005). For most purposes, the term ‘rural economy’ is a shorthand way of considering a range of ‘economies’ rather than discussing a discrete, unified and homogenous economy Winter and et al.

Sourpuss androgynus is known as ‘katoo’. It is planted vastly in the Jawa mountain and is also found in India. The plant has small green leaves with yellow flowers that bloom occasionally. Lee 8 states that Souropus androgynus can be useful as a dye in food colouring. Eating too much of this vegetable can lead to muscle cramps and aches. In Niger, they are also used as an ingredient in sauces and therefore serve as a nutrient complement in cereals such as sorghum or millet. Nutritionally young leaves of H. sabdariffa contain nutrients such as phosphorus, calcium, magnesium, and potassium Atta and et al. Therefore, the additive/synergistic antioxidant activities of the hydrophilic and lipophilic constituents may contribute to the medicinal properties of C. olitorius leaf Oboh G and et al.

Guava belongs to the Myrtaceae family. This is native to tropical America, but it is cultivated in every tropical and subtropical country of the world. In India, guava is well adapted in almost all the states. The major guava-growing states are Bihar, Uttar Pradesh, Karnataka, Gujarat and Andhra Pradesh. It is estimated that the area and production of guava in India is 150.9 thousand ha and 1710.6 M ton Singh et al. Sweet potato (Ipomoea batata (L.) Lam) is one of the most widely cultivated crops on the small farms of Tropical America. After harvesting a large volume of forage consisting of stems and leaves, and a variable amount of non-commercial roots is left in the field, all of which could be utilized in the feeding of ruminants Backer and et al.

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Essay On Hotel Management

India and Brazil have substantial growth potential and Russia has the biggest development pipeline in Europe. Tourism Is one of the world’s largest and fastest growing Industry sees. In 2003 the World Tourism Organization (WTFO) estimated that there were some 694 million international tourists worldwide. As a result, tourism has major impact on many important areas of society: the economy, the social and cultural I aspects and the environment. However, unsustainable ill-considered tourism growth can impact negatively on all these facets.

In the long-run, this can have serious consequences – for everyone. He global size of the hotel industry is not as easy to quantify as one might imagine. Data on the size of the global hotel market Is scarce, subjective (with regard to what constitutes a hotel) and Is only published with relative Infrequency outside the us. There are also a range of factors that cloud the Issue: It is Important to note that UNTO statistics Include not Just hotels but also inns, bed breakfasts and other ‘similar establishments’, thus overestimating the size of the actual hotel industry.

In 2009, STAR Global estimated that the global hotel industry was more in the area of 1 1 MN rooms, but this Just included hotels as opposed to hotels and similar establishments. Recent research by MEG Consulting estimated that the US rooms accounted for 65% of total room count. Which corresponded with WTFO and Minute estimates. Background to hotel company- Furan hotel international Furan Hotels International Management (PHI), a Singapore-based hotel management company, is committed to offering excellent accommodation choices in key global cities backed by the drive to promote memorable guest experiences.

Currently, her presence In 6 key cities avails more than 7500 rooms, with numbers growing as the company expands globally. An award-winning chain of mild;range hotels situated in the vibrant Asia Pacific region, Furan hotels offer leisure and 1 OFF invigorating work. Be pampered by our warm service from the heart as you immerse yourself in unique cultures and insightful experiences on your Journey. Our ointment to green initiatives also ensures that the refreshing sojourn away from home is supported by CEO-friendly and sustainable practices where guests can relax and luxuriate in the best possible environment.

Make your hotel booking via Furan websites now for the Lowest Internet Rate Guaranteed. No hidden charges and no booking fee with Instant Confirmation. SOOT analysis of Furan river front- Singapore Strength It’s a four-star rating hotel with excellent reputation. It will attract more customers, which means they have the ability to charge higher for each room. The service and other facilities are good, the hotel has supplementary facilities like standard or world-class meeting rooms, renting the rooms for events like conferences, meetings and weddings can increase profits.

Staffs are well-trained. Customers will also response in a good and polite way. Corporate culture is good, it boosts the morale of the employees and they are getting productive. Located in city centre of Singapore, taxis or metro are both convenient to reach. Http://www. Weeklies. Com/how-do-I- conduct-a-soot-analysis-of-a-hotel. HTML Weakness The poor corporate culture and poor maintenance culture has made this hotel vulnerable, bad reputation and loose of customers will be soon come from the poorly maintained hotel.

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