Guest Cycle I- Guest Cycle: Introduction • The guest cycle describes the activities that each guest passes by from the moment he/she calls to communicate a reservation inquiry till he/she departs from the hotel. In fact‚ the guest cycle encompasses 4 different stages‚ which are depicted in the underneath‚ diagram: Pre-Arrival Þ Arrival Þ Occupancy Þ Departure • Each stage of the guest cycle is associated guest service‚ and guest accounting activity. 1. Guest services: Reservation
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A Presentation on Different phase of Business Cycle Business Cycles √ The term business cycle refers to the recurrent ups and downs in the level of economic activity‚ which extend over several years. √ Individual business cycles may vary greatly in duration and intensity. √ All display a set of phases. THE BUSINESS CYCLE Phases of the Business Cycle RECESSION TROUGH RECOVERY Level of business activity PEAK Time Level of business activity PEAK H T OW D R G N E R T Time √ Peak or prosperity phase:
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Business Cycle Business Cycle (or Trade Cycle) is divided into the following four phases :- Prosperity Phase : Expansion or Boom or Upswing of economy. Recession Phase : from prosperity to recession (upper turning point). Depression Phase : Contraction or Downswing of economy. Recovery Phase : from depression to prosperity (lower turning Point). Diagram of Four Phases of Business Cycle The four phases of business cycles are shown in the following diagram :- The business cycle starts
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WATER CYCLE Water Cycle‚ also known as hydrologic cycle‚ is a process that is constantly recycling the Earth ’s supply of water. This is important because humans‚ animals‚ and plants all need water to survive. It is controlled by the sun‚ which produces energy in the form of heat. This heat energy causes the water in the world ’s oceans‚ lakes‚ etc. to warm and evaporate. As the water is heated‚ it changes its phase from liquid to gas. This gas is called water vapor and this process is called
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EXECUTIVE SUMMARY … … … … … … … … … … … … … … … … … … … … … … … … … … (Page 3 - 4) ISSUE IDENTIFICATION … … … … … … … … … … … … … … … … … … … … … … … … … … (Page 4) ENVIRONMENTAL & ROOT CAUSE ANALYSIS … … … … … … … … … … … … … … … …. (Page 5 – 8) RECOMMENDATION (S) AND IMPLEMENTATION… … … … … … … … … … … … … … … (Page 9) MONITOR & CONTROL … … … … … … … … … … … … … … … … … … … … … … … … … … (Page 10) CONCLUSION … … … … … … … … … … … … … … … … … … … … … … … … … … … … … … (Page 10) REFERENCES
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3. Describe the 5 stages that the authors suggest capture the essence of the creative process. Is this a linear process? Describe how the process might play out. The first stage is the “preparation” stage in which the individual attempts to define the problem‚ gather information‚ and look for the right answer. The next stage is “frustration”‚ which is caused by and magnified by a set of creative blocks‚ where most people give up‚ or settle for a lesser solution. The “incubation” stage is when the
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ASSIGNEMT 2 TITLE: Outline: The traditional project cycle Macarthur’s project sequence model The participatory project management cycle Then discuss which one of them is best suited to ensure learning takes place and that project planning is improved. TABLE OF CONTENTS 1. INTRODUCTION 2. TRADITIONAL PROJECT CYCLE 3. Macarthur’s PROJECT SEQUENCE MODEL 4. THE PARTICIPATORY PROJECT MANAGEMENT CYCLE 5. ADVANTAGES OF TRADITIONAL PROJECT CCYLE 6. ADVANTAGES OF Macarthur’s PROJECT
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Chapter 10 (Business Cycles) Business Cycles (business Flucuations) The ups and downs in economy wide economic activities are called business cycles or busyiness fluctuations. When business fluctuations are positive they are called expansion‚ the opposite of expansion is contraction which is slow down in the pace of national economic activities. Phases of the business cycle over a several year period 1. A peak is when business activity reaches a temporary maximum with full employment and near
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BUSINESS CYCLES Trend and cycle of the business cycle Phases of the cycle Pro‐cyclical‚ counter‐cyclical‚ and a‐cyclical variables Lead‚ lagged‚ and contemporary variables Stylized facts and cyclical behavior of key macroeconomic variables 2 BUSINESS CYCLES Over time GDP grows but not in a linear way GDP 2006 constant prices (in logs) 6.5 6.3 6.1 5.9 5.7 5.5 5.3 5.1 4.9 4.7 4.5 3 BUSINESS CYCLES Time Series Components 1. 2. 3. 4. Trend (long‐run) Cycle (short‐run)
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The rock cycle involves of a chain of continual progressions through which earth materials change from one form to another over time. Some processes in the rock cycle happen over millions of years and others occur much more quickly. There is no real starting or completion to the rock cycle; however‚ it may be appropriate to begin investigating the rock cycle with magma (Bergman 2005). Magma‚ or molten rock‚ forms only at certain locations within the earth‚ mostly along plate boundaries. Magma crystallizes
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