SR.NO TOPIC PAGE NO 1 Introduction to the global tourism and hospitality industry 3 2 Current issues for the tourism and hospitality industry 4 3 Ownership and management structures and the accommodation 6 4 Rooms Division – an overview from a global perspective 16 5 Food and Beverage 20 6 The restaurant business 23 7 MICE: meetings‚ incentives‚ conventions‚ and exhibitions 25 8 Sustainability and corporate social responsibility in the global hospitality industry 27 9
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The mark of a despicable institution is when a dollar sign is put over a person’s head. In 1641‚ the colony of Massachusetts became the first place in America to legalize the slavery of Africans. From then on the slave market boomed across America‚ and over 12 million Africans were shipped through the middle passage to become American slaves. They worked hard on the southern plantations with no pay and barely enough food or shelter to get by. Disrespect their owner‚ and they could be tortured or
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bollworm‚ it has caused a massive influx of pests that can harm the crops that are not repelled by 205-300%. Also even though the crop is advertised to repel bollworms‚ the bollworms are actually starting to develop a resistance the Bt cotton. A similar case of the crop destroying the ecosystem was happening in Mexico but on a different scale‚ one that caused the people to not be able to grow the original edible local corn anymore. Researchers have found that the transgenic corn has caused the soil to
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WORLDCOM‚ INC: CORPORATE BOND ISSUANCE 1. IS IT A GOOD TIME FOR WORLDCOM‚ INC. TO ISSUE? CONSIDER FACTORS IN FAVOR AND FACTORS THAT ARE NOT IN FAVOR. Personally I believe that the time is not in favor of WorldCom in undertaking one of the largest bond issues at the time. Even though there are many advantages with proceeding with the issue‚ I believe that the degree and the uncertainty raised by some of the disadvantages outweigh the advantages of going ahead with the $6Billion
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SUBJECT: Accounting fraud at WorldCom Problem Statement WorldCom penetrated the largest accounting fraud in U.S history by overstating its tax income between 1999 and 2002. The main players in WorldCom’s accounting fraud included CFO Scott Sullivan‚ the General Accounting and Internal Audit departments‚ external auditor Arthur Andersen‚ and the board of directors. While individuals did have their own sins‚ employees cowardice and self-interested‚ the board passive and ineffective‚ external auditors
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takeover was withdrawn‚ which meant that they no longer had any protection against bankruptcy. Consequently‚ profits were substantially overstated and in late 2001 the company had to file for bankruptcy. Corporate Governance Issues in Enron: - There were a number of issues in Enron such as- a) SPECIAL PURPOSE VEHICLES (SPVs): Andrew Faslow (CFO) and Micheal Kopper had made partnerships creating a trading concern known as Special Purpose Vehicle (SPV). Enron then sold an asset to the SPV
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In the evening of the last day of June 2016‚ one of the residents of the small city of Fitchburg‚ Wisconsin called the police to report that a man was acting oddly and seemingly talking to himself while standing chest-deep in Lake Monona. The man then walked out of the lake‚ broke into a nearby home and began smashing things causing fear and panic among the residents of the house. When the police came‚ they commanded him to stop‚ but he ignored all commands and even aggressively marched towards the
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On April 5‚ on her way home to Otto‚ NC from visiting a friend in Augusta‚ Denise was in a car accident‚ suffering multiple fractures‚ broken bones‚ and a pneumothorax. Three days later‚ while still in hospital‚ she had a stroke. After 18 days in the ICU at AUMC‚ she was discharged and transferred to Select Specialty Hospital in Augusta. Background: My problem began in the ICU with Denise’s estranged grown children‚ Zoe Carlin‚ age 48‚ and Eric Carlin‚ age 46. Denise and I have been happily living
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following a sherpa who is their leader. Sherpas undergo a large amount of pressure‚ because without the sherpas the people who paid to climb the mountain will not be able to climb the mountain safely . For example‚ in the article‚”Everest’s Sherpas Issue List Of Demands” Mark Jenkins states‚” Sherpas today make the majority of the decisions on the mountain”(Jenkins). As a result‚ the sherpas have became the leader in the group‚ and have to lead the way for climbers. Before the Sherpas begin leading
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No one can covet his position not even current CEO‚ Jelinek. After Craig Jelinek became a CEO‚ he had been the members of Costco since 1984‚ so he was known as the veteran worker. (Ruggeri‚ 2009) This is why Costco have not had any organizational issue and be able to establish their company‚ but their only countervailing power since now is the rival‚ Wal-Mart. (Ruggeri‚ 2009) Craig had been such an effective leader because the company pays a living wage for employees. It offers lots of benefits
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