The Theory Of Supply And Hilton Hotels Economics Essay

The Theory Of Supply And Hilton Hotels Economics Essay Hilton hotels are among those hotels in world who provide all facilities that a normal person expects from caterings to business travel and leisure guests. They own more than 2700 hotels around the world starting from Europe to Asia. Their online sales at present are at the top of the list compared to other hotels. The hotel was founded in the year 1919, and the founder of Hilton hotel is Conard Hilton. Conard Hilton was a well disciplined and determined person who always had a keen interest in expanding the hotel space by every square foot so as to make the customers happy feel comfortable. In the year 1919 in Cisco, Texas, the first Hilton hotel was constructed by Mr. Hilton. And the Paris, the granddaughter of Conard Hilton, who has estimate $300 million family fortune. She is one of the hotel magnates of this huge Hilton organisation. Conard Hiltons (1887-1979) birth place is San Antonio. He made a statement that the hotel established by him was one of the best in all cities and he posted the phrase Take me to Hilton. Hilton hotels are popular for offering high class accommodation facilities for their guest in the busy destinations. Mp3 friendly alarms are established for the guest to wake up and the guest has full freedom to select his or her own tunes for the day. They are famous for the level and comfort that they provide to their customers. At present the Port of San Diego and Hilton are planning to establish a hotel with 1200 rooms on the waterfront adjacent to the San Diego Convention Centre. With the hard work and dedication by the meeting planners of Hilton hotel the H Honours program effectiveness has grown from 34% in 2002 to 40% now. Using the same business rate stay, the program members earn both H Honours points as well as airline miles, and this is usually called as Double Dipping. And there is a card called The American Express Hilton H honours Program Credit card through which a customer can earn points and have a free stay at Hilton hotel as well. Hilton Malta which is one of the most prestigious hotel promises the words best in accommodation for their customers, with high class treatment and service. The top priority chain of Hilton is their business travel. Using this they have made a huge change in their organisation as well. Since 1919, every time they have opened a way for new innovations for executives. The Managing Director of Sales in Business Travel for Hilton Hotel Corporation at present is Maureen Mackey. Hilton hotels are at present the official hotel group of uk. They have more than 2700 hotels around the globe at present. Supply The theory of supply considered as one of the fundamental theory in the economics. According to the economic point of view supply means that the amount of the product that producers willing to provide at a particular price over a given period of time. Law of supply Law of supply means that when other things are equal there will be a direct relationship between price and quantity of supply. We can explain easily with a diagram In this diagram x axis shows that quantity of supply that provided by producers to customers and y axiss explain price of the product. The first time price is p1 and quantity of supply is q1. Then there is a increase in price from p1 to p2 as a result supply also increases to q1 to q2.this is considered as theory of supply Factors affecting Supply There are many factors that affecting supply of a commodity or services the main factors are Price of the commodity: There is a direct relation between price and supply of a product or service. That means when price of a commodity increases producers try to sell more unit of the product. Because main goal of every firm is to achieve profit. When price increases producers try to achieve more by increasing supply of that product or services Price of factors of production Factors of production also influence supply. The word factors of production is mainly included land labour..etc .so when price of factors of production increases producers cannot supply much to consumer. On the same time he can increase his production or he can supply more products when the price of factors of production decreases Prices of other commodities: Price of other commodities means that in a company producer produce two products on the same time. But the quantity of the product supplied will be different. Because it depends upon the price of product. That is if one commodity got high price firm try to supply more of that commodity Change in cost of production: like factors of production cost of production also important in change in supply. Because firm can supply more unit of product by reducing cost of production Technological advancement: technological advantage is very important in every part of product. That is there is a direct relation between technology and supply. When technology improve supply also improve Climate: weather or climate is always influence change in supply. When there is a good climate Firm can supply a good quantity of product Taste and preference Taste and preference always help firm to achieve increase in supply. That means if firm can produce goods which can satisfy peoples taste then producer can supply a good amount of product Tax rate Tax rate and subsidies plays an important role in supply of a product. There is a relation between both of them. For example if tax rate of a product or services increases producers try to reduce the supply of that particular product. If tax rate fall firms try to sell more of product as possible but subsidies have different look if subsidies that given to a firm will increases producers try to increase supply of that product and vice versa Governments influence Every organisation needs a good climate of administration otherwise new producers will not enter in market. On the same time governments should give a liberal policy to business man if not that will affect supply of commodity. If government restriction is highly in a state producers are not willing to supply more quantity of product and vice versa B) Price elasticity of supply Price elasticity of supply is also considered as one of the major principles of economics. Price elasticity means that the relationship between changes in quantity supplied and changes in price. For the measurement of this change is known as price elasticity of supply. There is a formula for that price elasticity of supply that is PES =change in quantity supplied/change in price There is many kind of elasticity is there this all based on change in price rate. They are perfectly elastic, perfectly inelastic, elastic, inelastic and unit elastic. We can elaborate this 1) Perfectly elastic That means at the current price suppliers can supply any amount 2) Perfectly inelastic Perfectly inelastic means change in price does not affect quantity of supply. That means the rate of supply is always same when price change 3) Elastic Elastic means that when price increases supply also increases but change in supply wil be more than when it compare to price 4) Inelastic Inelastic means that there is a small proportion of change in price leads to large proportion of supply 5) Unit Unit elasticity means that rate of change in supply and rate of change in price will be same. These are the main 5 elasticity of supply .there are many factors that affect elasticity of supply they are following 1) Spare production capacity It means that if business got a spare capacity for his production then business can increase output as a result supply will be elastic to demand .that is why in recession time goods and services of Hilton hotel remain elastic (2) Stocks of finished products and components It means that raw materials and finished goods are high level in a market the supply will be elastic. On other hand if stocks or finished goods are low at market. Supply should be inelastic to its demand (3) The ease and cost of factor substitution This means that if factors of production are easily available or mobility of production factors are high that will affect elasticity of supply .that means it should be high. The hotels like Hilton always try to keep their factors available easily otherwise that will affect their business badly (4) Time period involved in the production process Time period is considered as one of the major factor that affect production process. That is usually supply of a product is high elastic at long time period because producers can adjust or rearrange production.

Nietzsche Essay -- Evolution Religion Creationism Science Essays

Nietzsche In 1859 Charles Darwin offered a theory that seemed to disprove the longstanding explanation of the origin of existence. Darwin’s theory of evolution proposes a convincing argument that the universe was not created for a purpose, with intention, by a conscious God, but rather, was a phenomenon of random change. Friedrich Nietzsche articulated the gravity of the effect of Darwin’s theory on society. He said that when Darwin published the theory of evolution people stopped believing in God. Nietzsche wrote that when people stopped believing in God, God died. Nietzsche’s assertion pivots on the assumption that God’s existence depends solely on human belief. Nietzsche assumes that belief is the greatest power that humans possess, but that this belief could not stand strong against the theory of evolution.   Ã‚  Ã‚  Ã‚  Ã‚  Many people believe that in order for life to be worth living, there must be an overarching purpose to existence, and thus, according to Nietzsche, form illusions for the sake of comfort. By believing in a morality, God, or other higher cause, people get to live their dream that there is ultimate justification for everything. This serves to allow the imposition of an illusion so that one does not have to view the â€Å"truth† of the universe. One of these â€Å"truths† that Nietzsche proposes people deny is the â€Å"death of God†. Nietzsche’s statement that â€Å"God is dead† is intended to imply that there is a more accurate manner of existing now than following traditiona...

Quality of Life for the Patient and Family Essay

Quality of life has a different meaning for everyone. Many personal thoughts and feelings can come into play when caring for others during the end stages of life. However as a nurse and caregiver, these opinions must be put aside at this significant time. For some health care providers, we may feel that keeping the patient comfortable and having them surrounded by family is most important. However, for the patient, personal culture, lifestyle and value for one self as well as a sense of independence in handling this time alone is most imperative. Therefor a nurse must consider the individual’s past experiences, present lifestyle and personal hopes in which they choose to live in relation to their goals, expectations, standards and concerns at this stage. One must meet not only the physical needs of the patient but the psychosocial demands in this sensitive time of need. Seeking aggressive medical treatment vs. palliative care is something that is very personal and differs from individual to individual. Nurses’ opinions and suggestions of the â€Å"best care† should not be voiced to the patient or family, even if asked directly. For Mrs. Thomas, time also plays an important role. She is young and may have many other worries than those of an older age experience in preparing for end of life. A nurse must consider what areas of life are important to her and what is the relative importance of each of these areas. Personal perception that counting on family support is huge, but may not be possible in Mrs. Thomas’ situation as her children live out of town. STRATEGIES TO IMPROVE QUALITY OF LIFE The nurse should look at several strategies that directly impact the patient as well as the family. Quality of life not only looks at the health status  the patient but those directly involved in the care of the patient. This encompasses a broader set of planning including finances, housing, and employment. This will have a direct impact on the entire family. Three important strategies that are helpful to relieve overall stress and promote optimal coping skills include: 1) patient awareness of disease process, 2) available support from healthcare providers and 3) addressing physical as well as the psychosocial needs of the patient. Healthcare professionals must be prepared and speak directly with the patient and family when it is determined best to the physician’s ability, that the identified disease of breast cancer will cause death. Advance planning and preparation may be helpful in dying well if Mrs. Thomas is more aware about her status of disease. Physicians and nurses must change the plan of aggressive medical treatments of curing the disease of breast cancer and concentrate providing support and a comfortable well being of the deteriorating disease process. This in turn should provide a plan of care for relief of pain, contentment to the patient and focus on the overall whole being of quality of life. The homecare team can include doctors, nurses, home health aides, social workers, and clergy as well as trained volunteers. Most team members provide on-call 24 hours a day, 7 days a week to deliver support. The patient and family should feel the comfort in calling these resources at anytime. The nurse must remind Mrs. Thomas and her husband that they are not â€Å"bothering† any team member by asking for assistance. The team must always work together and communicate the patient’s goals for end-of-life care. It is important for all to realize this is very individualized for each patient and family member. Each individual strategy should include caring for the whole person physically, emotionally, socially and spiritually. It important for the team to develop strengths based perspectives of psychosocial interventions and listen to what the patient and family have to say to enable them to cope better. In doing so, the team must also communicate on each encounter with Mrs. Thomas and family as well as each other to assure that her and the husband’s needs are being met. HOLISTIC CARE A holistic nursing care plan in valuable in delivering care to the entire person in supporting the physical, mental, spiritual, emotional, social and  environmental needs. With this approach, nursing care needs to move away from viewing Mrs. Thomas as merely a ‘diagnosis’ and treating her as a whole person. Nursing goals should be to develop immediate trust with the patient and family, provide comfort, supportive care, and symptom management. This can be achieved by effective communication and providing a calm, relaxed setting for Mrs. Thomas. Allowing her to speak openly and honestly about her feelings and emotions of grief, physical complaints such as pain, nausea, and difficulty sleeping is a good way to start to develop a trusting nurse/patient relationship. As a nurse, one must be supportive and be willing to listen openly. Once Mrs. Thomas begins to express these types of things, the nurse must review and evaluate every visit to improve specific concerns with her. More importantly, healthcare providers must display an openness to hear new concerns and prioritize the needs of the patient and family. FUNCTIONAL ABILITY Assessments to maintain the self functional ability for Mrs. Thomas should include creating a plan to achieve realistic goals and allow self care as long as possible. This in turn can give control back to Mrs. Thomas, help raise confidence and value her quality of life. Mrs. Thomas’ physical, social and environmental conditions should also be considered to help her care for herself. Discussing the 24/7 availability of visits from registered nurses and social workers, involving family and friends or volunteers that can help with running errands and meal preparation for adequate dietary intake, and discussing appropriate medical equipment to assist with ADLs such as performing personal hygiene can prove to be helpful. PROVIDING ADDITIONAL CARE When self-care is no longer possible, the importance of more frequent nurse and/or social worker visits, and interaction of clergy is valuable. In addition, further involvement of additional family, friends, home health aides or volunteers to assist not only with running errands, meal preparation and assistance with ADLs but being present in the home for longer periods to care directly for Mrs. Thomas becomes more imperative. The nurse can assist in making sure appropriate DME equipment is in the home. In  addition, this turns out to be a time when additional emotional support is of great concern for Mr. Thomas. CHRONIC DEPRESSION Mr. Thomas already suffers from chronic depression and now has to endure immense and continuous stress to care for his wife with advanced breast cancer. Over time this takes a toll his health, ability to work, finances, and their own personal and family needs. Involvement of not only the nurse, but also social worker and bereavement counselor can help Mr. Thomas tremendously. Encouraging him to take his medications will help both him and his wife. Also, reassurance that it is okay to want quiet time and allowing others to help to care for his wife should be verbalized to him in a caring manner. Taking some of the financial worries away from Mr. Thomas may help as well. The social worker can discuss resources that are of no cost from community volunteer organizations and review the reimbursement of covered services from the insurance organization at the beginning and in ongoing care of his wife. Sharing the right information with the patient’s family is very important and can assist in better coping. Again, the home care team must offer an environment that provides the openness to hear all concerns and overall needs of not only the patient but also her family.

49 Tips on How to Cheat at College

49 Tips on How to Cheat at College 49 Tips on How to Cheat at College Do you remember that frigging fear, when you enter your class to take a test and understand that you remember nothing on the subject? You may have missed the classes or spent a previous night out, so there wasn’t enough time to study. Or you just wanted to relax and spend your time in a better way. In all such cases, you may want to cheat to save yourself and not to worsen your grades. We have collected 49 tips on how to save you from a disastrous test and help to sleep better at night. If you think that you are the only one to cheat, relax! According to the latest study, over 60% of all the students cheat in the class. Ask a friend. This one is probably the most popular way of cheating and only requires a reliable friend, who will be willing to assist you. Provide him with all the necessary notes and make sure he has internet connection to be able to get all the information fast. You will only need to text him a message with a question and wait for an answer; Use an earpiece. If you like spy movies, you will definitely like this method. Just buy an earpiece with a Bluetooth and record lectures beforehand. You will be able to listen to them and extract all the necessary information; Take a bottle with you. Make small notes and put them inside the wrapper. You can open them any time and no one will understand that your bottle is not for drinking! Classical method. You can make notes on any item you are allowed to take to the test. This can be a calculator, a ruler or an index card. You can use it any time you need and your professor won’t suspect anything; Order online. This type of an assistance is applicable for written tests, like essays or reports. You can hire an online writing company and give them all the details of the task. Then you will only need to check it on plagiarism to make sure it is original and memorize the paper before the test; Use your arms. You can make notes on your hand and a forearm, covering them with a sleeve. In such a way, no one will notice it and you will easily get access to the information any time you need; Take a mechanical pencil with you. This one is a simple trick: write down the notes on a tiny sheet of paper, roll it and put inside the barrel; Look at your neighbor’s work. Make sure he has excellent skills on the topic, as you may fail if rewriting answers of someone, who is also not good at the subject; Search online. If you can pull out your smartphone in the class, just type the request in your browser and get all the information you need. You can also go to the bathroom and find all the data; Stretch a rubber band and write down all the notes you may need. When it gets back to its usual size, there won’t be any trace of the notes and you will only need to stretch it again if you need help; Ask for a sample. If your friend or any other student is holding a test before you, ask him to make a photo of the test. You will be able to prepare the answers or learn them by heart before starting the test on your own; Buy a smart watch. You can make all the notes on your smartphone and simply link it with a smart watch. In such a way, you can ‘check the time’ and get all the information you may need; Make a hole in your eraser and put notes inside; Take a bigger eraser and write all the answers on it. If professor is approaching, simply erase the answers with a smaller one; Learn while sleeping. Play an audio version of the lectures, while you are asleep. Scientists say that you will remember all the information and will be able to use it any time you need; Print a mini-book. Type all the notes, print them and cut small squares, making a sort of a booklet; Take an mp3 pen, which contains all the information you may need; Just put all the notes you need to the inside of the hat; Write down the notes on the inside of your hat and put it on your table. Consult your hat any time you need assistance; Use a rubber part of the shoes to make all the notes and use it, when you need to get the answers; Get a partner. Cooperate with another student and share answers. Two heads may be much better than one! Look for clues. Look around as if you are thinking about something and try to search for the answers. There may be posters with diagrams or data on the walls of your classroom; Go to the bathroom. Excuse yourself as if you need to pee and simply use your phone or consult a friend to get all the answers you need; Put your thighs together and place all the notes between them. Your professor will never suspect that you are holding notes there! Use the ‘sneezing system’. Partner with a friend, who can make sneezes with the answers. For example ‘be-choo’ for an answer ‘B’; Learn one half of the test and leave the second one to your friend. Sit near to each other on a test and share the answers. This is a great way to get excellent grades without spending too much time over books; Use gestures with a friend to share the answers. You may even learn a basic sign language; For advanced students, there is a ‘morse code’. For example, one tap goes to the answer ‘A’, two taps for ‘B’ and so on; Wear a tie and use its back to hide all the necessary notes; Take a gum with you and put the answers inside of its wrapper; A belt buckle calculator. Yes, you heard it! If you are not allowed to take a calculator to the class, you may use the one, which is hidden in the buckle of a belt; Write down all the answers you need on a bookmark, placed in your textbook. Replace it with the next one if necessary; Pretend that you are using a calculator on your smartphone and consult the notes instead; Light inks. Use them to make notes on the index cards and your tutor won’t see them; Replace the tests. This one is quite tricky but guarantees that you will get the highest grade. Ask your friend to take a photo of the test, print it at home and fill in all the answer to pass at the classroom; Consult Wikipedia. You can download their app or simply enter the website from your browser. It is a perfect place to get brief information on a subject; Another favorite trick for all the lovers of spy movies is to buy an ink for a black light and take it with you to the class; Use a skirt. Hide all the notes under your skirt and your tutor won’t be able to check whether you have any hidden answers. Unfortunately, this is an option only for the girls; Buy a see-through pen and put all your notes inside of it; Make all the notes on a small sheet of paper and put them inside the case of your calculator. Any time your professor is approaching, close the case; Take an electronic dictionary, which contains all the notes you need. Most professors mistakenly take such dictionaries for a calculator; Make pictures of the study materials and open them on your phone at the class or while you are in the bathroom; Use an invisible ink to make notes on your desk. Any time you need answers, you will only have to use an ultraviolet light and no one will suspect anything; Put a blank sheet of paper over the one, which contains the answers. Put it aside if you need access to the notes or return to its place if the tutor is approaching; Contact anyone, who is online via various messaging apps or social media and ask for help. It will be even better if you can do it in a hall or in a bathroom; Buy spyglasses, which play the video of the notes or a textbook. This is quite a costly option but definitely one of the coolest ones; Reproduce your ‘cheat sheet’ with a laser pen. However, you should be sitting on the back row of the class; If you are assigned to complete a written assignment but you are running out of time, you can artificially increase the margins, fonts, spaces and so on; Learn! Of course, cheating in the class is much simpler but you can take some time and study to get the highest scores without any harm. Use an appropriate and the most suitable way for a particular situation and you will surely get high grades and save your time to prepare for the test.

Pearl Harbor and US Entry in WWII essays

Pearl Harbor and US Entry in WWII essays The United States fleet in the Pacific was anchored at Pearl Harbor, Hawaii. On Sunday morning, December 7, 1941, while most American sailors were still asleep in their bunks, Japanese planes from aircraft carriers flew over Pearl Harbor bombing every ship in sight. The surprise attack lasted less than a few hours. In that time though, 2,400 Americans were killed, with 1,100 deaths solely from the battleship Arizona, and almost 1,200 were wounded. Besides that, 20 warships were sunk or severely damaged, and approximately 150 airplanes were destroyed. The American public was stunned by the Japanese attack on Pearl Harbor, but high government officials were only a bit surprised. After cracking the Japanese code sent through encryption over Japanese communications, the United States government had inklings of a Japanese attack in the Pacific. Their ideas though, mostly pointed to violence erupting in the Philippines, the Dutch East Indies, and Malaya. When the word reached them that ne arly all of the entire Pacific fleet had been exterminated in Pearl Harbor with the exception of three battleships, they received a metaphorical punch in the gut. This unprovoked and dastardly attack by Japan, as President Roosevelt put it, drew the United States into war with Japan, and was the sole reason, in this authors nationalistic opinion, of the United States entry in World War II. In October of 1941, a final agreement was attempted by the Japanese to solve the problem of increasing aggression between the two nations over the problem of the United States embargo on oil. Japan needed oil to survive and without a sufficient oil supply arriving from the US, then Japan warned of a conquest in the Pacific to somehow get its oil. The United States offered a plan of a broad but simple settlement covering the entire Pacific area as a counter proposal to Japans previous offer. The proposals which were ...

Ethics - Social Responsibility of a Business Essay

Ethics - Social Responsibility of a Business - Essay Example Based on the situation presented, Company Q is neglecting three areas of responsibilities: employee relations and labor, product safety and liability, and community relations. Furthermore, the scenario suggests that employer suspects of the possible fraud due to the reported incident of losing profit. In depth investigation results to the cause of employee’s poor ethics is the below minimum salary given to them. Ingram (2011) asserts that the common trend in grocery stores is paying low wages for employees, but practicing excessive labor. Thus, the company is violating the labor code and its responsibility to the employees. The consumers requested for the reopening of their store, but they provide high margin items which are not health-conscious, but generate high profit. It may be that competition is not stiff, so the Q grocery store is confident to offer low services. Another possibility is the increased demand of customer for local store; hence, switching cost is unnecessary. However, code of ethics states that companies must offer healthy food choices that adhere to the standard of product safety (Maloni & Brown, 2006). This has been one of the CSR issues that grocery stores must address as part of their commitment to society. Lastly, the rejection of donating day-old goods to the food bank is an indication of poor conduct. As part of the community, company Q must offer help through donations to charities, including governmental organizations. It is the primary response of companies to meet the expectation of stakeholders. The management was apprehensive of the implication of their food donation that will give reasons for employees to commit fraud. This reasoning is creating havoc that will produce disloyalty from consumers and employees. According to the study of Maloni and Brown (2006, p. 40), philanthropic acts develop and invigorate employee’s commitment, and gain competitive advantage. Based on the three

Comparing and contrasing web and class learning Essay

Comparing and contrasing web and class learning - Essay Example It does not require the student to go to the school and attend regular classes, but it is done in one’s own comfort and one can gain much intellectually. This form of learning involves use of computer supported learning, virtual and also digital teamwork. The topic in the discussion is then transferred to the internet, privately owned computer network, extranet, CD-ROM, audio and videotape, and via satellite television (Prunuske, 2012). It is crucial to those who have no time to move from different places. It is an expedient way of training and learning. It is good for those who have a job to hold them during the day and still want to pursue their studies. This is because they can freely study from home after work or any time they are free without the pressure of attending classes. It is student focused form of training and learning. It authorizes all types of learners to get access the superlative materials, learning and referral resources, tutoring and teaching lessons from the instructors. In addition, with this program, no student is left out of the topic when he is willing either at home or even in hospitals. It just involves clicking into the internet (Prunuske, 2012, p. 14). This gives a chance to the learner to study any subject that he wills to. It does not matter where the instructor is located. It is also cheaper than regular learning therefore it is the best study method for those who are not financially stable. Classroom learning is the type of learning where students have to attend a place or a room selected for learning purposes. It is therefore very important for the learner to ensure that he is punctual with the lessons to ensure that they move together with the tutor and other students. It requires a lot of attention and concentration. It is the most used method by a large number of students especially where the technology level is low (Prunuske, 2012). The web learners will have time for