Saturday, August 22, 2020

Multiculturalism Views From Anthropology

Question: Talk about the Multiculturalism Views From Anthropology. Answer: Presentation: Multiculturalism has no accurate definition since it exclusively relies upon the settings where it is being utilized. As the crowd increment because of endeavors made by numerous individuals in making their voices heard, so does the definition changes. Notwithstanding, it rotates around the examination of assorted viewpoints because of various educational encounters by individuals just as the foundation, for example, sexual orientation, race, ethnicity and social class that individuals originate from. Along these lines multiculturalism includes the acknowledgment of a few unique societies. This prompts decent variety which influences the socioeconomics of the individuals. The multicultural networks are knowledgeable about schools, neighborhood, urban communities and business regions (Lcke et al., 2014). It is upheld that multicultural individuals be given equivalent advantages and openings independent of their strict, racial or ethnic starting points. Also, opportunity, regard and va lue are vital to a multicultural network. It is imperative to welcome the way that globalization has made the world to come at a short proximity than previously. This has made numerous societies to meet up to approach and live respectively with the goal that they experience a multicultural stage (Rhoads and Valadez, 2016). This prompts a circumstance whereby the various societies help individuals to cooperate in a sound way. Multiculturalism is related with bringing learning, solid living and festivities in some other condition. It is likewise critical to comprehend that multiculturalism comes nearby with some negative impacts. For example, there are a few people in the general public who probably won't be eager to take in and acknowledge societies from others (Prato, 2016). Consequently these individuals will initiate uprisings to outsider societies whereby the adjudicator individuals dependent on their strict, racial, social and ethnic convictions. At long last, these biased people might be the culprits of uproars, battles and strain in multicultural networks. Be that as it may, thinking about these realities, it is clear that the advantages related with multiculturalism are more prominent when contrasted with the difficulties. Reference List Lcke, G., Kostova, T. what's more, Roth, K., 2014. Multiculturalism from an intellectual point of view: Patterns and suggestions. Diary of International Business Studies, 45(2), pp.169-190. Prato, G.B. ed., 2016. Past multiculturalism: sees from human sciences. Routledge. Rhoads, R.A. what's more, Valadez, J.R., 2016. Majority rules system, multiculturalism, and the junior college: A basic point of view (Vol. 1081). Routledge.

Thursday, August 13, 2020

The Best Fonts for Your Resume Ranked

The Best Fonts for Your Resume Ranked When you are writing your resume, the font might seem like the least of your worries. You want to ensure you tailor your resume for the job position, to include all the relevant information and generally, for you to come across as the right pick for the job.But the font you use does actually matter and you shouldn’t just stick to the automatic choice in your text editor.Hiring managers won’t spend more than six seconds looking at your resume. This means they will make a value judgment based on the visuals â€" if your resume looks professional and polished, the manager will spend more time on it. In order to make a good visual impression, you need to have an appealing font.Research has shown that font isn’t just about the looks. It actually influences how the reader will perceive the message. By simply changing the font, you could be turning your resume into a more professional resume or you could make it less serious and ambitious.By selecting the right font, you can set a subc onscious tone for your resume that means the hiring manager will like you.So, what are the best fonts to use? In this guide, we’ll be exploring the seven top fonts to use outlined by hiring managers and designers. We’ll also shortly explore some of the fonts you don’t want to use. WHAT TO KEEP IN MIND WHEN PICKING THE FONTNow, before we get started with the fonts, let’s consider what you should keep in mind when picking the font for your resume. There are three basic principles to focus on:The font has to be readable. This might seem like a given but it’s important to pay attention to it. You need to remember the hiring manager doesn’t want to waste a lot of time looking at the resume â€" therefore, the font needs to be immediately readable and not something that opens up as you stare at it longer. In a way, you want the words to jump out of the resume on the sub-consciousness of the hiring manager.The problem you might have here is that you know your resume inside out. Therefore, judging the readability can be difficult. You already know what it says and this will help you ‘read’ the resume. It’s a good idea to test the font’s readability by making a friend look at it â€" this gives you a more authentic understanding of the readability.The font looks good in the correct size. You should also keep in mind that different fonts react differently to size changes. Your chosen font might look good when you started writing at 12 points, but then you need to scale it down to 10 points and it all goes a little haywire. Generally, your font size should be between 10 and 14 points.The font needs to fit the purpose. Your resume should have a purpose â€" other than the obvious one, which is to get you hired. For example, are you highlighting your academic prowess for a research role? Is the resume for a design-based role in which case you want the font to play with your attention to a good and different design? As you will see in the below list, certain fonts have a certain character to them and you want to make sure the font you choose fits with the purpose of your resume.So, when you are thinking about the font, your thought process should be:1. Does the font convey the right purpose?2. Does it look good in the size Im using it in?3. Is the text immediately readable?Again, it’s a good idea to not only look at the resume yourself but have a friend go over it â€" they can let you know what kind of vibe they are getting, how the font looks and feels and whether they find it easy to read or not.One thing to keep in mind is the use of applicant tracking systems (ATSs). These are essentially computer algorithms that scan your resume to either pass it forward in the hiring funnel or not.Now, it’s important to use a relatively generic font to ensure the computer can read it. You should also always check if the organization has specific rules regarding the formatting (including font) and follow these to ensure a simple formatting issue doesn’t get your resume rejected.THE TOP 7 FONTS TO USE FOR YOUR RESUMEWith the above in mind, let’s see what are the top fonts to use for your resume.Georgia For a classic font choice, you could opt for Georgia. It’s a serif font, which uses thicker strokes specifically designed to create more clarity on a computer screen. It definitely benefits from looking the same whether you are viewing a Word-document or a PDF.Georgia has a classical look without compromising on modern digital formatting. If you are looking for a simple font that looks good and professional, Georgia is definitely a good choice. It’s not surprising or playful but a safe pick for a traditional resume. In a CNBC survey, four of the eight experts picked it as a great font for a resume.Trebuchet Trebuchet’s designer Vincent Connare has said he wanted to create a font that appears and behaves well on a digital screen, hoping to achieve a “modern open humanistic feel with glyph specific features”. It creates a lovely contrast in texture and provides you with something different from the other sans-serif fonts on the list.The round and friendly font is especially good for creative fields, such as marketing. But you can use it on any resume â€" from the graduate level to the more experienced resume. Trebuchet is a good choice because it’s used by most operating systems as a core font and therefore, reading it won’t be a problem.Arial As another member of the popular sans-serif family, Arial is a clean and safe choice to make. It actually contains more humanist characteristics and is, therefore, relatable and non-aggravating font to use. Like Georgia, it has a modern feel to it without looking too stylish.If you are looking for something classic for a traditional or first-time resume, Arial is a good option. However, if you want to stand out from the crowd or show your creativity, it isn’t the most suitable font.Now, the Arial font family has a range of styles from Light to Bold Italic. The regular is the best option for a resume, although you could play with the different designs in your headings and sub-headings.Calibri Calibri is another great choice because of its familiarity. It has been the default font in Microsoft Word since 2007, but this isn’t to its detriment. It makes it easy on the eyes and the reader doesn’t have to ‘get used to it’. Its creator Lucas de Groot has described it as a font with “a warm and soft character”.Now, Calibri’s popular use does make it a slightly ‘lazy’ option. You do want to consider this when thinking about using it. However, if you are applying for your first job and you need a safe font to write your resume with, Calibri is definitely worth keeping in mind. It’s a great font for resumes in a variety of industries and if you have to send a general resume for a job site, this would be a great pick.Tahoma If you want another popular font but perhaps with a bit more texture to Calibri, you should consider Tahoma. It’s been widely used in Microsoft Windows and it is a standard choice for resumes. The great benefit of using Tahoma is its narrow body which allows you to fit more letters in a smaller space â€" if your resume has a lot of information to it, you should definitely consider using this font.The font is also popularly used in technical publications. Therefore, it can be a great pick for technical industries and technology-focused resumes, in general. It’s also a good font for more experienced job seekers, exactly because it allows a lot of text without losing readability.Garamond Garamond is a classic font that might seem a little out-dated choice. The font’s precursors have been in use for 500 years so it definitely works and is easy on the eye. It also benefits from looking readable even when you push the font size down or tighten up the spacing.The two qualities, old-fashioned look and a high readability in a smaller size, have made it a popular option for those adding a list of experience and skills. It’s definitely a great choice for academic resumes and for those with year’s worth of work experience. Garamond adds to the feeling of professionalism and expertise. If you are applying for a traditional job in a traditional industry, then Garamond is definitely a good option to keep in mind.Didot Finally, you could go with Didot. It’s a distinctive serif font with roots in Paris, France. Perhaps its romantic feel isn’t a big surprise then. Didot has an elegant and rather fashionable design to it. It’s playful and it’s different â€" it has a creative feel to it without making it difficult to read.Didot is a rather popular choice for the creative industries. It’s often used in the world of fashion and photography, making it a perfect choice for resumes looking to land a job in these or other similar industries. If you want your resume to stand out, then this font is definitely worthy of a try.THE FONTS YOU NEVER WANT TO SEE IN A RESUMEThe above seven are definitely worth considering when writing your resume. You could, of course, pick something that’s not mentioned in this post. The world is full of worthy fonts in all kinds of shapes and sizes.However, a few fonts in the world are not worth considering under any circumstance. These can cause the hiring manager grow a few extra grey hairs. So, make sure you don’t pick these fonts under any circumstance:The worst fonts to use in a resumeComic SansEveryone should know by now that Comic Sans is the biggest font mistake you can ever make. It replicates the look of an old comic book speech bubble and it really shouldn’t be on a serious resume â€" or many other things, for that matter.ImpactImpact is big and bold. While these are not bad impressions for a resume, the font is simply too much for a professional document. It’s not easy on the eyes so avoid it at all cost.WindingsWindings is essentially a comedy font and therefore, you shouldn’t even consider it on a serious document. This is a bit of an obvious thing to say but people have done outrageous things in their resumes so it’s worth mentioning.Times New RomanThis might be the most surprising font on the list. However, it isn’t due to the font looking weird bur rather down to its popularity.Times New Roman is used so widely that it won’t help your resume stand out. It will give it a boring and safe feel â€" something that won’t help when you want the job.CourierCourier tries to emulate the look of a typewriter and that’s exactly what it does. But we live in the 21st century and you’re resume shouldn’t look like it was typed using an old typewriter.FINDING THE BEST FONT â€" THE BOTTOM LINEThe above tips should help you in picking the right fonts for your resume. The seven are definitely worth considering, with the above list of five worth avoiding at all costs.Essentially, the right font is determined by the purpose of your resume. What kind of message do you want it to convey? Are you looking for something safe and traditional or do you want to be more playful? After you find fonts to go with your message, it’s down to presentation. It’s important to test different fonts and consider changing font size. This can dramatically change your font and improve the readability.

Saturday, May 23, 2020

The Evolution Of Stem Cell Research - 1334 Words

Adult Stem Cells Imagine if you could save the life of a child with cancer, correct a man’s paralysis as a result of a stroke, or give a woman who suffers from infertility the gift of life. At the present time there is no cure for terminal diseases like cancer, Parkinson’s, Type I diabetes, spinal cord or brain injuries. The possibility has presented itself by perfecting the use of adult stem cells. Throughout the evolving technologies and experiments, medical researchers have discovered the potential to dramatically change medical treatments, treat diseases, alleviate suffering, and heal physical and mental impairments. Researchers are optimistic that with the evolution of stem cell research they can change the face of healthcare by using technologies to manipulate adult ad embryonic stem cells for treatments of various illness and injuries. The role of stem cells is they can develop into any type of body cell including the cells of blood, liver, brain, muscles, a nd many more. They are found in adult bone marrow, embryos, fetuses, and blood from the umbilical cord. Stem cell research is the latest advancement in biotechnology which shows how an organism develops from a single cell and how healthy cells replace damaged cells in adult organisms. This technique has lead scientists to research the possibility of cell based therapies to treat disease, which is often referred to as regenerative or reparative medicine. Medical researchers all around the worldShow MoreRelatedThe Evolution Of Stem Cell Research991 Words   |  4 PagesHISTORY: The history of stem cell research starts with the discovery of the cell in the mid 1800s (1). With this discovery, scientists soon discovered that some cells can specialize and become other cells – these cells that can specialize are called stem cells. 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They are multipotent and able to migrate and differentiate into numerous derivatives resulting in them being referred to as the ‘fourth germ layer’. It is thought that the evolution of vertebrates is due to large-scale genome duplications which occurred early in the vertebrate lineage. Research suggests that there were two rounds of genome duplication during early vertebrateRead MoreThe Inner Workings Of Evolution And Natural Selection843 Words   |  4 PagesEvidence Investigate the inner workings of pluricellular evolution, cell shape and function, as well as how cells survive and multiply. This is an essential question to consider and elaborate on when trying to prove the topic of evolution. Evolution will be proven hereby by elaborating on the inner workings of the Endosymbiotic theory, Multicellular evolution and Natural selection, along with Cell specialization, replacement and Differentiation. The Endosymbiotic theory is an assumption basedRead MoreStem Cell Research And The Arguments For And Against Its Development999 Words   |  4 Pages15010 Millican, Nikki K. SN 30 April 2015 [STEM CELL RESEARCH: AN UNDERSTANDING OF CONTRAVERSY] The meaning of stem cell research, and the arguments for and against its development â€Æ' Nikki Millican Chief Kamman Legalman Accession 15010 29 April 2015 Stem Cell Research: An Understanding of Controversy Stem cells make up every organ and tissue that reside inside the human body. These cells help to regenerate and replace defective tissues and cells that are injured and destroyed within our bodyRead MoreEssay on The Heated Debate Concerning Stem Cell Research1025 Words   |  5 PagesStem Cell Research Should stem cell research be allowed? Stem cell research has been a major biological breakthrough in recent years. It has great potential to help people and ease suffering. But there is also a moral question raised about stem cell research, and that comes from the source of stem cells. Ever since Stem Cell research started, there has been much debate over whether or not it should be allowed. Some people are completely against stem cell research becauseRead MoreThe Design Of The Human Body1615 Words   |  7 Pagestwo fields of scientific research that have shown promise in being able to fix these flaws and make an almost perfect human. The fields of genetics and stem cell research have shown great promise in fixing what we felt were â€Å"natural flaws† in the human body. Genetics and stem cell research are completely different fields, but they are connected by one important issue, fixing these â€Å"natural flaws.† These two fields will be the answer to treating sicknesses, making new cells, and lead to making an almostRead MoreThe Debate Of Stem Cell Research1519 Words   |  7 Pagesbring the topic of stem cell research to the table to inform you on a topic you most likely know nothing about. According to the bible the strong need to bear with the failings of the weak. Why should we please ourselves if we don’t care for stem cell research? Among one of the, if not the most, controversial topics of our time comes one medical science that can save lives if legalized nationwide. We are talking about stem cells of course, and why the allowance of these basic cells in common medicalRead MoreBreast Cancer : A World Health Problem Essay1131 Words   |  5 Pagessecond most deadly malignancy in women (Veronesi et al., 2005;Alvarez.,2010;DeSantis et al., 2014). In 2010, annually worldwide 115 million patients have breast cancer resulting in 410,000 deaths (Kennecke et al., 2010) according to world cancer research fund international in 2012 nearly 1.7 million new cases diagnosed. This represents about 12% of all new cancer cases and 25% of all cancers in women. (Ferlay J et al., 2012 ). In 2014 Egypt represent the highest rates in the Middle East and North

Tuesday, May 12, 2020

Should You Earn a Human Resources Degree

A human resources degree is an academic degree that is awarded to students who have completed a college, university, or business school program with a focus on human resources or human resources management. In business, human resources refer to human capital - in other words, the employees who work for the business. A companys human resources department  oversees almost everything related to employees from recruitment, hiring, and training to employee motivation, retention, and benefits. The importance of a good human resources department cannot be overstated. This department makes sure that the company complies with employment laws, acquires the right talent, develops employees appropriately, and executes strategic benefit administration to keep the company competitive. They also help to assess employee performance to ensure that everyone is doing their job and living up to their full potential.   Types of Degrees There are four basic types of human resources degrees that can be earned from an academic program. They include: Associates degree  - A basic two-year undergraduate degreeBachelors degree  - A four-year undergraduate degreeMasters degree  - A two-year graduate degreeDoctorate degree  - The highest degree in the field. There is no set degree requirement for professionals in the human resources field. An associates degree may be all that is needed for some entry-level positions. There are not many associates degree programs with an emphasis in human resources. However, this degree can serve as a springboard for students who are interested in entering the field or pursuing a bachelors degree. Most associates degree programs take two years to complete. A bachelors degree is another common entry-level requirement. A business degree and experience in areas of human resources can often substitute for a straight-out human resources degree. However, a masters degree in human resources or labor relations is becoming more commonplace, particularly for management positions. A bachelors degree typically takes three to four years to complete. A masters degree program usually lasts two years. In most cases, you will need a bachelors degree in human resources or a related field before you can earn a masters degree. Choosing a Degree Program Choosing a human resources degree program can be difficult--there are many different programs to choose from. The most important thing you can do is to make sure the program is accredited. Accreditation ensures the quality of the program. If you earn a human resources degree from a school that is not accredited by an appropriate source, you may have a hard time finding employment after graduation. It can also be difficult to transfer credits and earned advanced degrees if you do not have a degree from an accredited institution. In addition to accreditation, you should also look at the programs reputation. Does it provide a comprehensive education? Are courses taught by qualified professors? Is the program in line with your learning ability and education needs? Other things to consider include retention rates, class sizes, program facilities, internship opportunities, career placement statistics, and cost. Looking closely at all of these things can help you find a program that is a good match for you academically, financially, and career-wise. Other Education Options Students who are interested in studying human resources have education options available outside of degree programs. There are many schools that offer diploma and certificate programs in human resources in addition to seminars and workshops related to HR topics. Diploma and certificate programs are available at nearly every academic level. For example, there are some programs designed for students who have a high school diploma or less. Other programs are geared toward students who have already earned a bachelors or masters degree in human resources or a related field. Seminars and workshops are usually less broad in scope and tend to focus on a particular area of human resources, such as communication, hiring, firing, or workplace safety. Certification Although certification is not required to work in the human resources field, some professionals choose to seek the designation of Professional in Human Resources (PHR) or Senior Professional in Human Resources (SPHR). Both certifications are available through the Society for Human Resources Management (SHRM). Additional certifications are also available in specific areas of human resources. Career Opportunities According to the Bureau of Labor Statistics, employment opportunities for all human resources positions are expected to grow much faster than average in the coming years. Graduates with at least a bachelors degree have the best prospects. Professionals with certifications and experience will also have an edge. No matter what type of job you get in the human resources field, you can expect to work closely with others--dealing with people is an essential part of any HR job. In a small company, you may perform a variety of different HR tasks; in a large company, you may work exclusively in a specific area of human resources, such as employee training or benefits compensation. Some of the most common job titles in the field include: Human Resources Assistant - In this entry-level position, you would be responsible for assisting someone else with human resources duties. Tasks may include recruiting, staffing, benefits administration, employee orientation, employee communication, and other administrative duties.Human Resources Generalist - A human resources generalist is typically responsible for a wide range of HR duties. On a day-to-day basis, you may work on recruiting, hiring, employee communication, training, benefits management, the planning of company functions, safety regulations, and much more.Human Resources Manager - In a management position, you will be responsible for supervising one or more human resources professionals. You will assign tasks and take care of many duties yourself. Your office may be responsible for every aspect of staffing, benefits, retention, and motivation.Labor Relations Manager - Labor relations managers almost always work for large organizations. In this position, your duties m ay include implementing and overseeing labor relations programs, collecting data and statistics, assisting with contracts, and negotiating collective bargaining agreements.​

Wednesday, May 6, 2020

Health assessment roper logan tienery Free Essays

One draw of the field of nursing is the ability for nurses to individualize their care plans for their patients. In order to ensure that unique patients are able to get healthy, they need nursing care plans as unique as they are. This means assessment and evaluation of each patient before and during care. We will write a custom essay sample on Health assessment roper logan tienery or any similar topic only for you Order Now Nancy Roper’s desire to become a nurse started in childhood, and as a result of her experiences and education, she, along with two of her colleagues, developed the Roper-Logan-Tierney Model of Nursing to assess patients’ level of independence and provide the best ndividualized care for them. The Roper-Logan-Tierney Model for nursing is a theory of nursing care based on activities of daily living, which often abbreviated ADLs or ALs. The purpose of the theory is as an assessment used throughout the patient care. which is often used to assess how the life of a patient has changed due to illness , injury or admission to a hospital rather than as a way of planning for increasing independence and quality of life. This model is related to the lifespan of the Individual, identifying twelve activities f living: maintain a safe environment, communication, breathing, eating and drinking, elimination, washing and dressing, controlling temperature, mobilization, working and playing and sleeping. Each of it is influenced by five identified factors, which are biological, psychological, socio-culture, environment and politico economic This model is used in conjunction with the nursing process to Identify actual potential problems for the Individual and how nursing care can advance the patient along the dependence to Independence continuum. How to cite Health assessment roper logan tienery, Papers

Sunday, May 3, 2020

Evidence From Cornell Hospitality Quarterly -Myassignmenthelp.Com

Question: Discuss About The Evidence From Cornell Hospitality Quarterly? Answer: Introduction The main purpose of hospitality industry is to ensure customer satisfaction. The term hospitality means offering a friendly and grand welcome of the guests by their respective hosts. According to certain scholars, the term hospitality can be defined in various forms. It may be termed as demonstration of continuous excellence to the guests. While other researches suggests that hospitality is an act of providing care, joy and smiles to the tourists (Boella and Goss-Turner 2013). There are number of theories that define hospitality in different manners. Some of the theories suggest that hospitality is the means of providing the basic amenities to the guests. The concept of hospitality in hotel marketing is on hype these days (refer to appendix 8). The report draws a light on the commercialization of hospitality. Apart from this, the report also discusses the way hotel companies use the term home for propagating their business. Discussion The Rhino Residency Resort provides all the luxury and amenities that a traveller could wish. Located in the midst of a wildlife national park in Kathmandu, this place serves as a perfect holiday destination for nature lovers. The resort has an excellent hospitality approach for their guests. The resort is known for its best cuisine, ambience, and well-trained hotel staffs. The business strategy of this resort is to ensure excellent guest satisfaction, which in turn will improve their market. Considering the hospitality aspect, this place never fails to amaze the tourists. The resort aims to attract tourists of all age groups. The place offers several cultural programs to create a soothing atmosphere for the guests, forest excursion trips for the adventure enthusiasts, gaming zone for the sports lover. Other than attracting the tourists, the place also serves a perfect place for business meet up. The resort has a well-built conference rooms so that they can host business meetings and office parties (Resort 2018). The concept of home away from home At the present date, the hotel companies try to provide home like environment to the guests in tenure of their hotel stay. The hotel companies well implemented the concept of home away from home in order to attract more and more tourists and guests. The hotels these days try to adopt various measures in order to create homely atmosphere. Often it is found that the after a long travel hours, one is bound to face stress, jet lag, or suffer from inadequate sleep and this can add up to a more unfamiliar situation if the hotel stay is not well maintained. One may feel a huge void missing their home. In such a case, ensuring home like environment by the hotel authorities will definitely be an icing on a cake for their marketing policies. How to provide a home like experience Several measures can be adopted to create a home like hotel room (refer to appendix 7). The following points will highlight some of the design measures and the ideas that can be incorporated to create a more home like environment in hotel rooms- The main goal of the hotels should be to provide a feeling of comfort to their guests. Designs and decorations portraying a work of immense handicrafts is highly recommendable, a fireplace to relax, well designed curtains justifying the room environment, soothing music of the guests choice can add up to create a mesmerizing stay for the guest. A technology-proof room is sure to provide more comfort and easy stay. The automatic control of the air conditioning, window shutters, lighting and TV with the help of smart phones can ensure a comfortable environment in the tenure of the stay (Molina 2014). Apart from these, self-helping tools such as tablets or laptops can be provided in the room for the guest in order to serve their personal uses. In general, more greenery surroundings amidst the room are encouraged. Natural lighting through large window blinds, natural flowers in the balcony, native fruits plants are some of the trends that a hotels can incorporate to create a healthy and greenery stay for their guests. Ensuring a green stay will provide an atmosphere of serenity as well as home like environment for the guests. Integration of indoor-outdoor environment in a room can be implemented in order to create a sensory experience for the guest. Decorations in the form of stone engravings and wooden sculpture, showpieces of waterfall, greenery pots are some of the examples of the elements that can successfully create an environment that can reduce stress and prove to provide a relaxing surrounding for the traveller (Li, Ye and Law 2013). Ensuring the tourists health and wellness is another aspect of providing a homely environment to the guests. Considering this aspect, hotel companies these days can focus much more on hiring medical stuffs such as nutritionists, physiotherapists, nurses and other health experts. Yoga classes, meditation hall can highly encourage a guests stay for a longer period (Smith and Puczk 2014). How the home away from home concept can help build market It is observed that, by the end of the year 2018, the hospitality industry is assumed to attain a growth of 5-6 percent. This can break the world record of $170 billion in the hospitality industry. The new trends in hospitality have been instrumental in achieving this growth. In October 2017, the average daily rate of hotel bookings were +2.4 percent. According to certain industrial analysts, the growth of this sector has proved to be a cycle. The downfall of the cycles was observed in the year 2010 but as the scholars predict 2018 will experience a magnificent growth in this sector (Crdenas-Garca et al. 2017). As for example, by the end of 2017, the city of New York there has experienced an increase in the number of hotel properties from 55 to 634 (Mohammed et al. 2015).Apart from applying the strategies like creating home like environment, the hotel companies are also focussing providing a healthy environment ensuring the guests physical and mental wellness. Other than that, the in corporation of technology in the hospitality industry is also instrumental for the business growth in the hospitality sector. As per certain reports, it is predicted that if the present trends continue the industry can earn revenue of $183 billion by the end of 2020 (Salvioni 2016). Some of the world famous hotel groups There are number of hotel groups that are implementing this concept of creating home like environment and in the process, they have been successful to create their presence in the worldwide market. The following are some of the hotels that have set exemplary destination goals for the tourists- Airbnb One of the world famous American companies, Airbnb have made travelling across the world simpler. Airbnb gives an opportunity to their customers to explore their travel diaries by creating a homely stay for their guests. In order to host their guests Airbnb provides lodging in a residence. Travellers have well accepted this idea of Airbnb as this provides them with home like atmosphere in their holiday destination. Airbnb have successfully created travelling goals for their guests. It provides doorstep solution to traveller the only detail the traveller is required to update the company is there travelling time, destination and about the number of guests. At present, the Airbnb extends services to 191 countries. Apart from all these, Airbnb also provides themed residencies as per the demand of their guests. Cave house type hotel rooms, bamboo cottage, hotels on a setup of organic firms are some of the airbnb innovations (Zervas et al. 2017). Airbnb initiatives have created dr eam destinations for their tourists. (Refer to appendix 1) Accor hotels The performance of this hotel groups is boosting up from the past 50 years. The hotels expertise to treat their guests is beyond appreciation. It has not only shown innovation in the field of room dcor but also in providing technological proof business and rooms. Accor hotels have established their presence in 95 countries all over the world and total number of hotels under Accor group is 41,000 (Accorhotels.com 2018). (Refer to appendix 2) Four seasons hotel- A Canadian origin hotel group, this hotel company chain have proved its worth over the years by providing quality services and gaining visitors satisfaction. This brand has its presence worldwide, at present there are more than 100 locations under its brand name. Several reports suggest that each of the 100 locations is well known for the excellent hospitality they provide to the tourists (Fourseasons.com 2018). (Refer to appendix 3) Starwood hotels The hotels and resorts under this brand is one of the most luxurious and stylish hotel rooms. As per certain reports, it is found that the revenue gain of this hotel chain is around $5.62 billion. The number of hotels under Starwood hotel chain is widespread in more than 100 countries at present and each of these locations provides with excellent luxury and excitement (Starwoodhotels.com 2018). The main reason of the success of this hotel chain is their excellent customer-oriented services. (Refer to appendix 4) Marriott international Hotels under Marriott international is widespread in more than 72 countries. The Marriott group is known to have 4000 hotels properties worldwide. Famous for their luxury and hospitality, this hotel have provides pocket friendly stay for the tourists. The number of hotel rooms under Marriott group is rising to the number 195000 (Connell 2016). This hotel chain is popular for its opulence and attracting hotels and resorts. (Refer to appendix 5) Hilton worldwide Formerly owned by Paris Hilton, this group of hotels have more than 4200 hotels across 90 countries (Worldwide 2014). This hotel group is one of the largest and luxurious hotel chains across the world. (Refer to appendix 6) Commercialization of hospitality At the present date, hospitality industry is considered as one of the most emerging industries of the world. This is because the tourism sector is witnessing great expansion from the past one decade. All these gave rise to commercial hospitality. Presently, the concept of hospitality is incorporated with number of innovations to create a customer centric market. Smart hotel rooms are a new trend of hospitality. The year 2017, have seen a rise of technology based hospitality (Law et al. 2013). Hotel companies have shown their presence in online platforms to catch the eye of the customers. Presence in the form of Google ads, you tube ads are common in the internet. Hotel companies like Airbnb serves as a platform to market new hotels. Other than that, the loyalty programs provided by the hotel authorities are also a part of their hospitality (Kurtz 2014). Loyalty programs includes discounts offers, hotel offers, which are provided online also collecting data of the customers by incorpo rating big data have also enabled the industry to gain more customers (Xiang et al. 2015). Apart from all these, advertisements in the form of Facebook posts, Instagram posts and snap chat videos are soaring in the internet these days. Conclusion In conclusion, it can be said that the concept of offering a homely atmosphere by the hotel companies is a new trend of hospitality industry. Creating greenery beside the room, maintaining health and wellness of the guests, making the room technology proof, decorating rooms with respect to the guests choice are some of the measures that the hotels could undertake for enhancing the hospitality experience for the tourists. It is also observed that, the world famous hotel groups such as Marriott groups, Hilton groups, Airbnb provides excellent hospitality experience for their tourists by incorporating this concept of creating home away from home. Considering these points, it can be seen that how the present date have witnessed the commercialization of hospitality. It is observed that commercial hospitality is incorporating more and more technology. Lastly, it can be predicted if the present trends of the hospitality, industry continues then the day is not far when hospitality industry w ill be the leading industry in the market both in the terms of revenue and opportunities. Other than this, innovations in this field are openly welcomed. References Accorhotels.com. 2018.Book Hotel Online - Best Price Guarantee - AccorHotels.com. [online] Available at: https://www.accorhotels.com/gb/australia/index.shtml Boella, M. and Goss-Turner, S., 2013.Human resource management in the hospitality industry: A guide to best practice. Routledge. Crdenas-Garca, P.J., Snchez-Rivero, M. and Pulido-Fernndez, J.I., 2017. Does tourism growth influence economic development?.Journal of Travel Research,54(2), pp.206-221. Connell, L., 2016. Marriott's big dreams for its future.People Strategy,39(4), pp.59-61. Fourseasons.com. 2018.Four Seasons Hotels and Resorts | Luxury Hotels | Four Seasons. [online] Available at: https://www.fourseasons.com/ Kurtz, M., 2014. Airbnbs Inroads into the hotel industry. Law, R., Leung, D., Au, N. and Lee, H.A., 2013. Progress and development of information technology in the hospitality industry: Evidence from Cornell Hospitality Quarterly.Cornell Hospitality Quarterly,54(1), pp.10-24. Li, H., Ye, Q. and Law, R., 2013. Determinants of customer satisfaction in the hotel industry: An application of online review analysis.Asia Pacific Journal of Tourism Research,18(7), pp.784-802. Mohammed, I., Guillet, B.D. and Law, R., 2015. The contributions of economics to hospitality literature: A content analysis of hospitality and tourism journals.International Journal of Hospitality Management,44, pp.99-110. Molina, J., 2014. Learn how to control every room at a luxury hotel remotely: The dangers of insecure home automation deployment.Black Hat USA,2014. Resort, T. 2018.The Rhino Residency Resort | Chitwan. [online] Rhino-residency.com. Available at: https://www.rhino-residency.com/ Salvioni, D., 2016. Hotel Chains and the Sharing Economy in Global Tourism. Smith, M. and Puczk, L., 2014.Health, tourism and hospitality: Spas, wellness and medical travel. Routledge. Starwoodhotels.com. 2018.Starwood Hotels Resorts | Book Hotels Online. [online] Available at: https://www.starwoodhotels.com/ Worldwide, H.H., 2014. Hilton Revolutionizes Hotel Experience with Digital Check-In, Room Selection and Customization, and Check-out Across 650,000-Plus Rooms at More Than 4,000 Properties Worldwide.Retrieved August,4, p.2014. Xiang, Z., Schwartz, Z., Gerdes Jr, J.H. and Uysal, M., 2015. What can big data and text analytics tell us about hotel guest experience and satisfaction?.International Journal of Hospitality Management,44, pp.120-130. Zervas, G., Proserpio, D. and Byers, J.W., 2017. The rise of the sharing economy: Estimating the impact of Airbnb on the hotel industry.Journal of Marketing Research,54(5), pp.687-705.

Thursday, March 26, 2020

Dividend Policy Formulation in the Company

Introduction In every financial year of any given corporation either profits or losses are incurred. When profits are made the company, according to prevalence, can decide to re-invest back into the business for various expansions or new ventures or can decide to pay back to the investing shareholders which is in terms of dividends (Ross 2008).Advertising We will write a custom essay sample on Dividend Policy Formulation in the Company specifically for you for only $16.05 $11/page Learn More Dividends are in most cases allocated to the shareholders directly proportionally to the quantity of shares they hold while others are paid in relation to the activeness of the individual members. This is classified as pre-tax expense. Clientele effect which can be loosely referred to as investors’ effect holds that policies of companies are indeed responsible in attracting investors. Investors share holding is dictated by the policies; once there is a change in policies then adjustment in share holding takes place (Bhalla 2010). Dividend policy refers to the strategies and policies a company adopts in deciding the amount to be paid out to the shareholders, this is in terms of dividends. Dividend policies, which in turn determine clientele effect, are affected by numerous factors. Some of the factors include earnings stability; when formulating dividend policy the nature of business must be taken into account (Stern 2003). Companies with stable earnings have more consistent dividend policy than those with varied flow of income since they can project the future savings and earnings easily. Corporation age is also very crucial in development of dividend policies. Consistent and clearly defined dividend policies are mainly found in well established companies as opposed to new companies that might use its income for expansion and upgrading of the system. Other factors necessary in dividend policy formulation are: financial security, this ref ers to the situation the company is in financially and ownership type. A company with less share holders gets assent more easily from share holders than a company whose shares are distributed to many shareholders who in most cases insist on high dividend payment (Baker 2009). Literature Review Kapil Sheeba states that dividend decisions are mainly the mandate of the board of directors in any given firm. The author also argues that when it comes to clientele effect, there are different types of investors. Since their preferences vary, they look for different firms that suit their dividend requirement. Some prefer capital gain that is high, others high current payments in dividends while there are others who look for both (Kapil 2011).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Damodoran Aswath explains that a clientele effect has important roles and consequences. Due to the effect, comp anies are able to acquire the desired investors; this is so as the dividend policy of a given company attracts investors who like and personally approves the policy. Another importance of clientele effect is that it makes hard for companies to alter or change established policy as this will affect the investors. When it comes to valuation, clientele effect provides another argument for policy dividend irrelevancy. The argument projected takes the assumption that there are enough investors in each dividend clientele to allow justified and fair valuation (Damodaran 2010). Bierman Harold highlights the various reasons for dividend to be given. He states that firms give dividends when cash generated internally exceeds more than can be reinvested profitably. Dividends are also given to provide stable income to the investors. Unnecessarily retained earnings could result in penalty from the Internal Revenue Service prompting firms to give out dividends. Records of dividend payment are a re quirement by legal authority, while at the same time dividend payment gives crucial information to the investors (Bierman 2010). Analysis and Discussion The analysis of the clientele effect of dividend policy is usually an important agenda for any firm’s financial manager, its association to market imperfections and taxes existence. The topical agenda for this study is to analyze the clientele effect of dividend policy and its relevance to shareholder’s tax situation. The situation is demonstrated by how the different fiscal treatment of dividends make the various investors prefer stocks of higher or smaller dividend yields or capital gains (Stoltz 2007). Though some experts admit to the clientele effects associated to the dividend distributions, they usually state that the market is broad and diverse to facilitate enough investors in each dividend clientele. The proponents of this theory argue that it does not matter how the dividend determinant policies are arrived a t as each policy attract a certain category of investors who are assured by the diversification of dividend clientele. However, this can be contended in that every company has a certain group of investors in mind, of which they can only secure by appropriate dividend policies.Advertising We will write a custom essay sample on Dividend Policy Formulation in the Company specifically for you for only $16.05 $11/page Learn More Conclusion Clientele effect has a major impact on dividend policy whether directly or indirectly. However, high or low dividend value does not tamper with nor alter the stock value of any given organization (Jain 2005). Clientele effect has a major advantage in that an investor has the ability to choose to invest in a high value dividend policy or a low dividend policy depending on the tax inceptives offered. Clientele effect also limit many companies from making changes to their dividend policies for fear of provoking investors thus creating consistency. Reference List Baker, K. 2009. Dividends and Dividend Policy. Sussex, John Wiley and Sons. Bhalla, V. K. 2010. Financial Management and Policy. Delhi, Anmol publishers Bierman, H. 2009. An Introduction to Accounting and Managerial Finance: A merger of equals. USA, World Scientific Damodaran, A. 2010. Applied Corporate Finance. Sussex, John Wiley and Sons Jain, K., Khan, Y. 2005. Basic financial management. USA, Tata McGraw. Kapil, S. 2011. Financial Management. India, Dorling Kindersley.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Ross, Westerfield, R, Jaffe, J. 2008. Corporate Finance 8th ed. Boston, McGraw-Hill/Irwin. Stern, M., Chew, H. 2003. The Revolution in Corporate Finance. USA, Wiley-Blackwell Stoltz, A. 2007. Financial Management. South Africa, Pearson This essay on Dividend Policy Formulation in the Company was written and submitted by user Louis G. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.