Impact of Global Financial Crisis on Hospitality Sector Based

Effect of Global Financial Crisis on Hospitality Sector Based in Mumbai Region Oshma Rosette Pinto Assistant Professor, Pillai Institute of Management Studies and Research, New Panvel Navi Mumbai E-mail: pinto. [emailâ protected] com ABSTRACT The Global budgetary emergency from 2005 to the present is considered by numerous business analysts to be the most noticeably terrible money related emergency since the Great Depression of the 1930s. It was activated by a liquidity deficiency in the United States Banking framework which brought about the breakdown of enormous money related establishments, the bailout of banks by national governments, and downturns in securities exchanges around the world.In India, the worldwide monetary emergency seriously affected the Indian the travel industry and inn part that brought about decrease in the quantity of remote vacationers, decay of Foreign Direct Investment Inflows and influenced the GDP of India. The investigation is connected with the Impact of Global Financial Crisis on Hospitality Sector situated in Mumbai district, Mumbai locale will incorporate, Mumbai, Thane and Navi-Mumbai based Hospitality businesses. The essential information is gathered through meeting strategy. The poll is picked as asset to gather the information.The auxiliary information is gathered through different magazines, diaries, insightful articles, research papers and different genuine sites of different Hospitality enterprises. The paper endeavors to dissect the effect of worldwide downturn on Hospitality part in India particularly Tourism and Hotel Industry in the nation. Further the paper centers around the difficulties confronted and openings that can be benefited during and after worldwide budgetary emergency. Watchwords: Challenges, Opportunities, Foreign direct speculation, Foreign vacationer inflows, Gross household product.INTRODUCTION The Hotel business is connected to the travel industry which frames the most significant help administrat ion that influences the Foreign Tourist Arrivals to any Country. As of late numerous worldwide lodging networks like Marriott International, Intercontinental Hotels Group are setting up inns in India and numerous global visit administrators are building up activities VOLUME NO. 1, ISSUE NO. 2 ISSN 2277-1182 1 ABHINAV NATIONAL MONTHLY REFEREED JOURNAL OF REASEARCH IN ARTS and EDUCATION www. abhinavjournal. com rom India. A quickly developing working class, the coming of corporate motivating force travel and the worldwide organizations into India has supported possibilities for the travel industry. The strife in worldwide money related markets had created new worries for the accommodation business. India had a greatest drop in corporate travel spending tumbling to 25% in year 2009 contrasted with year 2008. Development pace of the total offer of inn organizations tumbled down to 9. 1% during Dec. 2008 quarter from development pace of 17. 4% during Dec. 2007 quarter.There was decrease in India's normal yearly GDP Growth from verifiable high of 10. 10 percent in September of 2006 and a record low of 5. 50 percent in December of 2004. The budgetary year 2008-2009 was a life-changing one for the Indian the travel industry and Hotel industry, with the Mumbai dread assaults and worldwide financial down turn influencing the ventures execution. The Hotel business additionally, watched a general decrease in inhabitance and Revenue per Available Room in many urban areas. The unfriendly effect of monetary downturn on India? s the travel industry was far not exactly worldwide the travel industry industry.OBJECTIVES The target of the examination is To know how the Hospitality Sector of India was influenced during downturn. To realize the current generally speaking industry position and how might it be created in future. To realize the means taken by the Government of India to control the impact of downturn on Hospitality Industry through its approaches. Audit OF LITERATURE à ¢â‚¬Å"The budgetary downturn that is affecting created economies are probably going to deteriorate as the European nations, the US and others go into a more profound wretchedness because of the expansion in Job misfortunes which regularly follows recession.The droop in the market and expanded employment misfortunes will have some significant ramifications for the changing assignments of human asset experts. As the joblessness keeps on expanding, HR experts are probably going to manage increasingly focused on representatives who are the sole workers in their families†. [Mujtaba, 2008} â€Å"The worldwide financial emergency has brought to the bleeding edge of associations the ideas of reasonability and endurance which at these occasions can be urgent pursuit.There are three primary responses in associations, in particular the corporate responses in associations, to be specific the corporate response to stay suitable, the worker response to endure the disturbance, and the HR re sponse including enrolling and recruiting ability, corporate association, preparing and institutional learning†. [Kathleen Patterson and Gray Oster, 2008] In rising economies, development is anticipated to hinder considerably yet may arrive at 5. 0 percent in the year 2009. The general enrollments are lower for the business this time as organizations stay careful in the midst of the worldwide money related emergency. [Srivastav, 2009] METHODOLOGY The information is gathered through different sources like optional information from different magazines, diaries, insightful articles, research papers and different legitimate sites of different Hospitality businesses. The essential information is assembled by utilizing Interview Method of different VOLUME NO. 1, ISSUE NO. 2 ISSN 2277-1182 ABHINAV NATIONAL MONTHLY REFEREED JOURNAL OF REASEARCH IN ARTS and EDUCATION www. abhinavjournal. com neighborliness businesses? specialists. The information will be investigated by utilizing MS-EX CEL to discover different patterns and to draw the charts for the translation of data.The chose respondents will be agents of the all out populace. Here the higher specialists of friendliness enterprises become the populace. The survey is picked as asset to gather the data. Examination will be led on clear presumptions that the respondents would offer straight to the point and reasonable responses in a down to business route and with no predisposition. Impediments The examination is constrained to significant Hospitality Industries of India and the information is restricted to 7years. The significant friendliness Industries incorporates Taj Hotel, Kamat Hotel and Leela Hotel.UTILITY The method of reasoning of the investigation is that there are different elements that influence the Indian economy yet the specialist through this examination needs to discover whether the effect of worldwide downturn has influenced the Indian economy harshly or continuously diminishes with new activity strategies. The utility of the examination is to realize how are the Hospitality enterprises developing after worldwide downturn in wording remote vacationer appearances, age of outside trade holds and how are they adding to the Indian economy regarding GDP, decrease in swelling, ascending of securities exchanges. Discoveries AND DATA ANALYSIS ?To know how the Hospitality business of India was influenced during downturn. Table 1. Development of the friendliness area before the downturn Name of the Hospitality businesses Taj inn Kamat Hotel Leela Hotel Growth of the neighborliness division before the downturn Significantly negative Slightly negative No effect Slightly positive 4 Significantly positive 5 Interpretation: Before the worldwide downturn started, we can see that Taj lodging had fundamentally positive development, Kamat and Leela inn had marginally positive development. Table 2. Impact on the activities of your organization during recession.Year 2004 2005 2006 2007 2008 20 09 2010 Operations of Hotels in Crores Taj Hotel Kamat Hotel Leela Hotel 699. 16 45. 86 123 873. 24 48. 04 154 1127. 57 56. 98 112. 34 1617. 31 124 158 1823. 16 152. 67 125 1534. 03 112. 68 133. 09 1520. 36 134. 08 145 ISSN 2277-1182 3 VOLUME NO. 1, ISSUE NO. 2 ABHINAV NATIONAL MONTHLY REFEREED JOURNAL OF REASEARCH IN ARTS and EDUCATION www. abhinavjournal. com Interpretation: The activities of the inns from 2004-2010 fluctuate for the most part because of worldwide downturn and fear assault on Taj and Oberio inns in 2009 which sent danger waves to the world.Most of the clients and investors got jobless because of cost cutting and there was tremendous ruin in the money related market. ? To realize the current by and large industry position and how might it be created in future. Table 3. Changes in the quantity of workers during the downturn. Year 2004 2005 2006 2007 2008 2009 2010 Number of Employees of in thousands Taj Hotel Kamat Hotel Leela Hotel 7609 4200 4500 8005 5000 6000 750 0 6500 7500 6405 6700 8400 6700 7600 8600 4300 5000 5300 6500 6800 6700 Interpretation: The normal number of representatives during the downturn in Taj Hotel is 6568, for Kamat Hotel is 5971. 429 and Leela Hotel is 6714. 86. According to the table, in the year 2009 the number workers in Taj, Kamat and Leela lodgings are less contrast with different years. The adjustment in number of representatives in the neighborliness area during the downturn was because of unexpected decrease in making of work; new nominees to the associations were sent back home with advance 3months pay because of organization strategy of reducing expenses and compensation of numerous representatives were diminished by 20% of their genuine pay. Table 4. Assessments paid by the organization during Global Recession Year 2004 2005 2006 2007 2008 2009 2010 Taxes paid by the friendliness division in Crores Taj Hotel Kamat Hotel Leela Hotel 35. 2 4. 12 34. 33 88. 22 7. 40 33. 77 13. 35 8. 10 23. 04 12. 43 11. 03 34. 4 4 13. 45 67. 29 43. 35 15 31. 8 25. 89 25. 07 55. 55 30. 09 Interpretation: according to the information , the expenses paid by the inns change from 2004-2010 as the tasks and deals eased back down because of worldwide downturn and dread assault on Taj and Oberio inns in 2009 . In the year 2005 the duties paid were high as we had high vacationers inflow from both inbound and outbound. VOLUME NO. 1, ISSUE NO. 2 4 ISSN 2277-1182 ABHINAV NATIONAL MONTHLY REFEREED JOURNAL OF REASEARCH IN ARTS and EDUCATION www. bhinavjournal. com Table 5. Net benefit of the organization during the Recession. Year 2004 2005 2006 2007 2008 2009 2010 Net Profit of lodgings in Cro

Operation Anaconda Essay Example | Topics and Well Written Essays - 250 words

Activity Anaconda - Essay Example This activity was to dispose of the Al Qaeda bunch after they were overwhelmed by the gathering three months sooner. The crucial modernized technique where the US military and well disposed Afghanistan in the valley was to attack the dread gathering. This was not the situation, as the foe was so controlling and sorted out, while the agreeable Afghanistan’s didn't coordinate, consequently disregarding the Americans to battle. The fighters had the option to prevail as they called for air support on the grounds that their unique ground intend to overwhelm the foe was not effective.2 The crucial expected to be finished in three days, however it reached out for a month. The US armed force was viewed as effective in light of the fact that they had the option to dispose of 800 Al Qaeda men. These men flee from the valley leaving the United States fighters in charge. The achievement was built up utilizing refined material and the troopers adjusting to differing battling techniques. This is on the grounds that it couldn't adapt to the earth in the mountains and they couldn't battle the substantial automatic weapons and projectiles that were utilized to kill them by the Al-Qaeda. The activity didn't have strategic riggings that would kill the Al-Qaeda bunch who covered in the mountains. There were numerous mishaps the same number of fighters passed on from bombs dropped by American airplanes. Others were slaughtered from helicopter crashes, while a couple of endured overwhelming hardware mishaps, unintentional tumbling from shipboards, and unplanned shootings.3 Boa constrictor activity has been among the most entangled missions in US fighting history. This is on the grounds that they couldn't dispense with their adversary in the principal account, regularly in light of the fact that the fighters disparaged the foe and felt that it was a simple strategic. Achievement was acknowledged subsequent to mentioning for support from Delta Force and Seal Team

How to Make Money from Your Hobby

How to Make Money from Your Hobby Many people think that it is only a dream to be able to convert their hobby or passion into their source of livelihood or feasible income. On the contrary, as long as you believe in yourself and in your work and have an entrepreneurial thinking hat, this dream can be converted into a living reality. In the beginning, you may be able to generate only a part-time income from practicing your hobby but as you increase in confidence and your “hobby in action” becomes more popular, you could very well be able to convert the latter into a full-time business. © Shutterstock.com | RomarioIenIn this article, you’ll learn about 1) how to turn your hobby into a source of income, 2) examples of websites that can help you convert your hobby into a business, and 3) entrepreneurs who became rich by practicing their hobby.HOW TO TURN YOUR HOBBY INTO A SOURCE OF INCOMEHave faith in your skillsIf you don’t believe in yourself, you’ve lost half the battle. Further, nobody else is going to believe in you either. At the moment, you may just be an amateur hobbyist but with time and effort, you can make yourself a professional. Have faith in your skills and potential and the ability to make money from them. Get the words “hopeful,” “aspiring,” and “amateur” out of your mind and thought process.Find a job that allows you to apply your hobbyGet yourself a job that is closely associated with your passion. For example: a yoga enthusiast can try to get himself a job as a yoga instructor while a baseball fan can probably get a job as a sport s columnist for a local or national newspaper. Craigslist.org is a great resource to identify job opportunities in your area. Get some advice from other entrepreneursTo make sure you are proceeding along the right path, it may be a good idea to meet up with some  entrepreneurs  who have successfully made a business out of their hobbies. You can enquire with them as to how they reached their current level of accomplishment. Times have changed and people no longer start working at one place with intentions of continuing there till their retirement. Your discussions with entrepreneurs may reveal this fact too. Similarly, your career path around your hobby may resemble more of an “S” than a straight line but that’s what would make it all the more interesting.Take photosIf your hobby is something like baking, cake decorating, art or craft making, or jewelry making, you can photograph your unique products, creations, or designs. Fix a price for your various creations by comparing pr ices for similar products. Once you’re ready to put your product on the market complete with photos, you can start considering putting up a  micro job post  on a site that suits your requirements.Go greenMore and more people are interested in eco-friendliness these days. One of the innovative ways you can use your hobby is as a way to help others who are interested in your hobby, engage in it in an eco-friendly manner. You can conduct workshops. Otherwise, you can consider engaging in an eco-friendly job side by side with your hobby or passion to show that you care for both.Set strict targets/goals and deadlinesTo make sure success comes out of your hobby venture, you need to come up with a list of objectives which you would be strict about achieving. Once that’s done, you need to fix practical timelines or deadlines for achieving those target goals. For example, if you are trying to sell your jewelry through Etsy, you can fix goals and deadlines pertaining toIncreasing traffic to your Etsy page,When you hope to be able to branch out,When you intend to add other items to your product collection.In addition, it’s not a bad idea to create a detailed  business plan, however small-scale your venture is.Try to ensure you’re in the knowIn addition to just identifying role models associated with your hobby, it is essential that you begin growing your network further. This will help you to be in the know not just with respect to knowledge pertaining to your hobby but also with respect to new opportunities and trends. Once you’re in the know, cash will also come easily compared to when you’re not. To expand your network, consider going to events and conferences, taking classes or attending lectures and readings. Teach others your hobbyIf your hobby is one which does not involve any tangible product such as piano playing or yoga, you can consider passing on your knowledge to others by teaching. Depending on your preference, you can conduct lessons on a frequ ent basis (such as once a month or even once a week) or less often (in the form of occasional, more detailed options such as workshops). For information on putting a workshop together, you can refer to the guide “How to Conduct a Workshop” by The Eastern Regional Institute for Education. This guide for teacher workshops contains information useful for conducting workshops pertaining to any industry.Use the internet to make a saleIf your hobby involves the creation of a tangible product, you can sell the item  online. If it doesn’t involve a tangible product, you can consider selling products associated with your hobby. For example, if you are a person who derives great pleasure from indoor gardening that involves creating terrariums, you can collect and sell interesting and fun vintage bottles online.Be willing to be flexibleAs good as engaging in your hobby is, you must realize that you won’t enjoy the job all the time. You may have to be flexible and to change your way of doing things to accommodate some jobs or tasks that you may not particularly like. However, you will have to ensure that your business is successful. Sacrifice a little and you’ll reap rich dividends in return.Promote your hobby via social media and advertisingIf no one knows about the products you create or the services you offer, you can’t expect anyone to pay for your products and services. So where will you get money from? That is why it is important to tap the power of  social media  and advertising.Create a websiteFor starters, you can develop a website dedicated to your hobby and the products/services that come out from it. In addition to using the website to make money from your products, you can use it to make money from ads. Google’s AdSense Program is an easy way to sell ad space and make money. With AdSense, you get a percentage of every sale made when someone clicks on any of the ads appearing on your blog. When developing a website, ensure you pick a suitable but impressive name. A good place to look at for a good selection of domains is GoDaddy.com.Create and grow a blogBlogging  is a medium to promote yourself and show your value in a helpful and subtle manner. You can pen blog posts relating to your hobby. Through this medium, you won’t come across as begging your market to buy from you. If people like your blog, they just may share it which means you’ll gain from search engine traffic and more people will come to know about you.Optimize your use of social mediaCreate social media profiles for your hobby/side project that are separate from your personal  Facebook,  Instagram  and  Twitter  accounts. This will ensure you have separate profiles for your friends and for your target audience and clients, and help to avoid aspects of your personal life interfering with your professional life.  Pinterest  is a great site to get plenty of traffic because when people find an item they like, they would probably repin it. Other sites you can u se to  promote your business  are Google+ and  LinkedIn.EXAMPLES OF WEBSITES THAT CAN HELP YOU CONVERT YOUR HOBBY INTO A BUSINESSShutterstock.comShutterstock is a medium through which amateur photographers or people who engage in photography as a hobby can sell their photos. It is also possible to sell vector art and illustrations through the site. For every sale made (image downloaded), you can expect commission in the range of 25 cents to $28.To get started with this website, you have to sign up from an account, go through some security checks and upload 10 images for review by the company. If a minimum of 3 images are rejected, you would have to make a second attempt at applying, within 30 days. Once you’re approved, you’re free to upload as many images (pictures) as you wish. Threadless.comThrough this website, people who like to design T-shirts can submit their designs for the Threadless community to vote and comment on. If you’re lucky and your design is adequately popul ar, you can expect the company to utilize the design for their next set of shirts. Provided your design is selected, you can expect a reward of $2000 in addition to a threadless voucher for $500 (which can be exchanged for $200 in cash). You’ll get an additional $500 for every time your design gets printed on a T-shirt.To get started with this website, first come up with a great idea. Once you’re ready, you can download the Threadless submission kit which contains templates. Start designing! Etsy.comEtsy.com  is a great avenue to sell handmade creations and goods from artwork to furniture. The list includes clothing, beauty products, jewelry and knick-knacks. So if you have any stuff you’ve made with your own hands or will be continuously making, you can sell it here. You get money when your goods are sold.To get started with the website, you have to sign up. Begin creating your items and then you can begin selling them. You will be charged 20 cents per items for listing purpo ses and if you make a sale, 3.5 percent of the earnings for the item will again go to Etsy. For some creative stimulation, you might want to check out other Etsy stores.ENTREPRENEURS WHO BECAME RICH BY PRACTICING THEIR HOBBYTerry FinleyTerry Finley is the founder and president of a racing partnership management company called  West Point Thoroughbreds, Inc. based in Saratoga Springs, N.Y. which he started in 1991. The company was triggered by Finley’s passion for racing which developed when he was a youngster and attended races with his father. When Finley was serving in the military, he implemented his business plan to make distinct emotional lifestyle experiences available, thereby making it possible for people of modest income to compete at the top levels of horse racing.Terry Finley purchased his first horse for $5000 in 1991. The horse’s name was Sunbelt and he was purchased at a time when Finley was feeling stuck in his profession of selling life insurances. The horse won his first race that very year. Following this development, Finley began running small advertisements in racing papers from which he got an investor who contributed $5000 for part ownership of Sunbelt. Finley purchased his second horse within a period of two months and continued to purchase more horses on credit cards.Shortly after, Finley quit his insurance job and founded West Point Thoroughbreds. Under Finley’s founder ship, the company grew to more than 500 investors and over 80 horses usually under management. The company’s horses continuously compete in the allowance and stakes levels and Finley supervised the progress of six horses into Grade One Winners. This is in addition to the company’s credit of dozens of stake winners. Kalpa Padia (and late husband Rajesh)Kalpa Padia is the managing director of  Raka Cheese, a cheese making business in Kenya. The business developed from Kalpa’s husband Rajesh’s and now, her love for making cheese. Twelve years ago, Kenyans Raj esh and Kalpa Padia encountered a problem. The pair had been preparing cheese for more than a year and as a result they had in excess of seven tons of cheese and no idea where to sell it. The husband and wife decided to concentrate on growing their company Raka Milk Processors.In 2002, Innscor Africa which runs the fast food brands Chicken Inn, Pizza Inn, Galito’s, Creamy Inn and Baker’s Inn entered the Kenyan market, thereby opening a fresh line for Raka Milk Processors. The company required 500kg a week which was a tall order. To meet the increasing demand, Rajesh and Kalpa acquired a locally manufactured 1,400 litre tank. From then on, there was no turning back. When Rajesh passed away in 2010, his wife Kalpa took over the reins. As of 2013, Raka Milk Processors gathers up to 9,000 litres of milk and develops 900 kg of cheese every day.The vegetarian friendly, Halal certified Raka Cheese has entered the export markets of Rwanda, Juba, Eritrea, Tanzania, Ethipoia and Uganda, which is proof of the business’s success.Megan DuckettMegan Duckett is the President of  Sew What? Inc., a California-based manufacturer of custom-sewn theatrical fabrics and drapes for the entertainment and special events industries; and its sister concern  Rent What? Inc.At the age of 19, Duckett, a stage electrician left her home, Australia, for the U.S. in search of adventure and some Hollywood glamour. She worked for an event planner while using her free time to sew bedding, costumes and drapes on her kitchen table.A key turning point came for Duckett when she had to create the inside linings for 10 decorative coffins for her boss’s Halloween event. Duckett realized that she was in possession of a skill set which other people lacked. She also understood that positioning herself as an expert in designing entertainment décor and props would set her apart. By 1996, she was getting more money from her sewing projects than from her full-time job for the event planning company ( $45,000 salary) and her husband Adam noticed it too. So she quit that job, rented an 800-square-foot warehouse, employed three seamstresses and was able to bring in $80,000 in revenue in her very first year.In 2010, Duckett opened another business â€" Rent What? Inc. , with a different business partner that rents and repurposes stage drapery.Included in the Sew What? Client list are big names such as Sting, Madonna, Don Henley, Maroon 5, Rod Stewart, James Taylor and Green Day. Lisa PriceLisa Price is the founder of  Carol’s Daughter, popular for its natural beauty products for more than two decades.Price’s love for fragrances began in her childhood. She came up with a way to develop her own fragrances by mixing different perfume oils. When Price began her business, she had a job in television and film production and used to prepare fragrances and body butters in the kitchen. She gave the things she prepared in the kitchen to family and friends. In 1993, her mother encouraged he r to put her body creams for sale at a church flea market and that’s where it all started. The products almost sold out. In addition to getting back the $100 she invested in the flea market, she got something more. That very summer, she spent time selling her handmade concoctions at street festivals, craft fairs and flea markets. The popularity of her products made Lisa Price realize that she could convert her passion into a profit generating venture.Price ran the initial six years of business from her home, juggling it with her film and television production job. When she launched her maiden store in 1999, she was able to generate $1.7 million in sales. Currently, the company provides prestige, body, skincare and hair products made with natural and rare ingredients such as Shea, Acai, Monoi Oil and Cocoa Butters.As can be seen from the article, it is not impossible to convert your passion into your job as long as you put your heart and mind into it and have the right tools, strat egy and mindset to keep you going.

Liberty versus Security in Todays World Essay - 697 Words

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Poverty Inequality Economic Inequality - 1509 Words

Combating Economic Inequality Economic Inequality When you turn on the news nowadays, some of America’s biggest problems are right there flashing across your screen. However, the increasing issue of inequality that our country is facing doesn’t seem to get quite the attention it deserves. The disproportion of lower and middle class families to wealthier families, due to economic inequality, is in dire need of a solution! So how do you fix a struggling economy between the classes? Professors Paul Krugman, Gary S. Becker and Kevin M. Murphy, seemed to have formulated their opinions on this topic and examined ways of possibly improving this growing crisis now and into the future. So why should we care about economic inequality? Paul†¦show more content†¦Basically talent and academic achievement mean nothing if that student doesn’t have the family status to back it; thus only adding to the problem. Attach that to a family that is already dealing with financi al issues, lack of health care and poor nutrition. Now you have an even bigger dilemma! One way Krugman suggested could help economic inequality would be restoring progressivity to the tax system, is by letting the Bush tax cuts for the very well off expire at the end of 2010 as it was already scheduled. By letting the tax Bush tax cuts expire for those making two-hundred thousand a year, would free up money to pay for the subsidies needed to implement global healthcare. Another technique from a political perspective would be closing some of the major tax loopholes. Another method is adding a â€Å"super† tax or surtax on the very rich, but was argued as not really raising any more money, just punishing the rich. Gary S. Becker and Kevin M. Murphy shared some interesting contrasts in their views on the Upside of Income Inequality. Their views centered more around the advantages of return on investments and human capital. â€Å"The labor market is placing a greater emphasis on education dispensing rapidly rising rewards to those who stay in schools the longest.† They believed that the opportunity to advance came throughShow MoreRelatedPoverty Inequality And Economic Growth1466 Words   |  6 Pagespurpose of this essay is to investigate the extent in which poverty, inequality and economic growth are related. These three dimensions are regularly perceived as indices of the complex and multidimensional concept of ‘economic development’. This term is not black and white however: it is a concept that is more than just merely income analysis. Poverty can be broken down into two separate definitions: absolute and relative. Absolute poverty describes the position of an individual who is living on lessRead MoreOver Consumptions Leads to Economic Inequality and Poverty747 Words   |  3 Pagesthe world’s economy? Or how it affects everyone by leading to economic inequality and poverty! Over consumption in America contributes to worldwide poverty. â€Å"Each person in the industrialized world uses as much commercial energy as ten people in a developing country.† Western cultures, specifically America have large consumer societies and although it has raised the standard of living for several people, it has also caused economic challenges for many others. Globalization has been a great wayRead MoreModern Poverty And Economic Inequality Essay1200 Words   |  5 Pagesfall below the alleged poverty line, there is an obvious dire urge for social reform. As Mark Rank stated in his book, Rethinking American Poverty (page 19), â€Å"between ages of 20 and 75, nearly 60 percent of Americans will experience at least one year below the poverty line.† Poverty in America has reached a feverish high. Readings of O’Connor, Rank, Wacquant, Fording, Soss, Schram, Katz, Iceland, and Gans adequately summated the topic of modern poverty and economic inequality i n the United StatesRead MorePoverty Is The Outcome Of Economic Inequalities2049 Words   |  9 PagesPoverty is the outcome of economic inequalities that are sustained by the social problems prevalent in our society. The lack of equal opportunities has created social margins where people in crisis are expelled to the economic edge. In a society where members are stratified by wealth and status, those who live in poverty are seen as deservingly powerless and ultimately abandoned to comply with their temporary crises as permanent. Economic segregation reinforces the unequal separation amongst socialRead MorePoverty Inequality : The United States1040 Words   |  5 PagesPoverty is one of the greatest problems in the United States today. Poverty is the state or condition of having little or no money, goods, or means of support; a condition of being poor.Many people, especially African Americans and children, live in poverty. People in poverty are left to face different social, cultur al, physical and mental challenges.The American Dream is to have a well paying job and to be comfortable, but most Americans are forced to live a life of poverty. Although the UnitedRead MoreThe Effects of Wealth Inequality in the U.S.1484 Words   |  6 PagesAnthony Giovenco Political Science Inequality Paper 12-18-14 The Effects of Wealth Inequality in the United States Wealth inequality in the United States has grown tremendously since 1970. The United States continuously reveals higher rates of inequality as a result of perpetual support for free market capitalism. The high rates of wealth inequality cause the growing financial crisis to persist, lower socio-economic mobility, increase national poverty, and have adverse effects on health andRead MoreHow Social Inequality Is Too Much?1441 Words   |  6 Pagesindividuals that thrive and flourish in our culture and society. This disparity is called Social Inequality; every society today contains inequality, but how much inequality is too much? The degree of inequality that we see around us today is unnecessary and hinders the development of an environment in which everyone can attain an acceptable standard of living. In societies containing a large amount of inequality, people are unable to access benefits such as health care and education. Because of this,Read MoreInequality in Australia Essay1265 Words   |  6 PagesOver the last two decades the Australian population has faced a number of economic instabilities that has seen the gap between the ‘haves’ and ‘have nots’ increase. To determine who the ‘haves’ and ‘have nots’ are an in-depth investigation will be performed examining the circumstances under which the gap can be manipulated. The economic wellbeing of individuals is largely determined by their command over economic resources (ABS, 2009). The wellbeing of individuals who are classified as ‘haves’ areRead MoreSocial Class As A Way That Constrain s Someone s Life Chances And Opportunities For Social Mobility1395 Words   |  6 Pagesgenerational privilege (Alger, 1910). Economic inequality absolutely exists in America today, and the social class into which an individual is born affects their life chances and opportunities for social mobility to a stunning and upsetting degree. In this essay, I will argue that the evidence points to the strong, overwhelming role of social class as a way that constrains someone’s life chances and opportunities for social mobility. I will show how income inequality creates segregation, unequal accessRead MoreA Theoretical Review Of Global Stratification913 Words   |  4 PagesStratification Global stratification is defined as social inequality throughout the world. It is an unequal distribution of wealth and poverty, of resources and opportunities. Global stratification is much greater than social stratification in the United States or in any single nation and continues to increase. The poorest people in the United States have a much higher quality of life than most other people in the world. As a result of this global inequality, countries are classified into three categories

Love and Deception ( the Chaser) Free Essays

Love and Deception Love is a feeling a personal attachment to your spouse or lover. Love can also be sexually passion or desire to other. A false appearance and to be unfaithful to your spouse or lover, is called deception. We will write a custom essay sample on Love and Deception ( the Chaser) or any similar topic only for you Order Now Love life always ends up the relationship if it started the deception. As in the short story â€Å"The Chaser† by John collier in which the character called Alan Austen a young boy loves the girl very much but wanted to start the relationship falsely. Love life always the true and happy life but life with deception always ends up the relationship. Alan loves a girl name Diana. He was ready to do anything to get his love. In order to get Diana’s love he decided to buy a love portion from an old man who makes those kinds of portions so even she can fall in love with him. He wanted to Diana to have the same feeling as he has for her There are many stories some are true and some are just fantasy that shows that in love or/and for love people can do anything. one of a famous story that must have inspired many lover. Yash Raichand and Rohan are friends like family, when Yash’s wife Mrs. Nandani gives birth to a baby boy name Rahul , Rohan helps the couple bring up there child with most care. Years later the two friends have separated, Rohan lives in a shanty house, works as a mechanic and is the father to a young girl Priya while Yash is a wealthy industrialist and lives in a spacious bungalow. In order to collect huge amounts of fund from abroad for good living Rohan decides to leave Priya in the care of the Raichand’s family. Everything was going well Priya as she is became friend with Rahul which eventually changed to love, Nandani finds out about Rahul and Priya’s relationship and approve of Priya as her daughter-in-law but Yash is quite unhappy with the relationship as he have plans to get Rahul marry to his business partner’s daughter Champa so he insults Priya and throw her out of his house. Rohan returns and is angry at the treatment his daughter receives and leaves the house immediately with his daughter. Rahul too is unhappy with his dad’s decision and he also leaves the house deciding to marry Priya with the blessings of Rohan. But Rohan refuses to accept Rahul and the only way Rahul can win Rohan’s consent is if he proves that he can earn money by his own sweat. He did all the hard work he could and earned some money. He gave that money to Rohan. He got convinced and agreed with their relationship. And they lived happily ever after. Alan did felt in love with Diana but he wanted her to love him by using a love potion. Love potions that can make people fell in love deeply with you but that love is not a true love its deception. Alan wanted to deceive Diana. The portion did make Diana fall in love but that wasn’t true love. Another fantasy story that shows that deceiving someone can affect your life in a negative way. This story is not about any love potion but it is about deceiving. This story tells the story of Akshay who one day meets a young and beautiful woman called Pooja and he falls in love with her at first sight. But Pooja doesn’t love him, because she has no such feelings for him as he has for her. Akshay turn crazy in love with Pooja and couldn’t find any more ways to persuade her than he tried to commit suicide but his suicide attempt was unsuccessful since he was saved by his best friend neha and Pooja finally falls in love with Akshay. Little by little Akshay began to know that he is in love with a criminal daughter and her father owes 60 million to the underworld don. Akshay decides to help Pooja by grabbing the money for her because he is in love with her, Akshay tries to rob Vikram but gets caught. Vikram, is an Internet hacker, he agrees to help Jai on condition that he takes the blame for the Internet thefts. Akshay agrees, gives the money to Pooja and turns himself in. The accounts that were hacked by Vikram belong to underworld don, chota don, who wants revenge from the hacker. On hearing that the thief has been found, Babu tries to capture Akshay, who escapes. With both the police and the underworld after him, Akshay goes to Pooja’s apartment. He finds Vikram there and realizes that he has become the fall guy for them both. He escapes from the apartment, but is shot and assumed dead. He is, however, alive and will not rest until he gets to take revenge against Pooja and Vikram. But at last Akshay killed pooja and rein vikram in such a way that he had to distribute the remaining money to charity. Vikram is all alone without his girlfriend and his life is meaningless for him. Love is good love is awesome it’s what every other human want in life. Love is good only when it starts with honesty and with truth. But if it starts by deception it’s not a true love and it always ends the relationship with your lover or spouse. We should be aware so what are true love and what deception is, if you want your life to be good. I have and I will be aware of it. I have seen family being separated because of being deceived and also family living happily as their love life is good and started with honestly. How to cite Love and Deception ( the Chaser), Essay examples

Pages Tourism free essay sample

The researcher concludes that majority of the TOEs and TREs found tourism programs of the City of Baguio yielded low. The study should not be considered as immaterial. The study should be considered as a benchmark to show that tourism programs being implemented in the city were not beneficial all year long to the TOEs and TREs. That there was seasonality in terms of the realization of tourism benefits. Only the accommodation facilities experienced medium impact because tourists only stay in the City for a short time and accommodation facilities are inevitable. However for the other sub industries it was only in the year 2004 that they perceived tourism programs to have a medium impact. The researcher also concludes that for the years 2001 to 2003, tourism programs are not considered as income, employment and taxation generating. For the year 2004, almost 65% of the programs are income, employment and taxation generating. The researcher also concluded that among TOEs and TREs, it showed that there are no variations to their perception on tourism programs to income, employment and taxation. 8. 4. Recommendations In view of the findings, the researcher has the following recommendations. 8. 4. 1. As to the perceived impact of tourism programs to the income, employment and taxation of TOEs For accommodation facilities, they must form « Study and create flashcards for free at Cram. com Sign In | Sign Up StudyMode Premium and Free Essays, Term Papers Book Notes Essays Book Notes AP Notes Citation Generator More Tourism Course Thesis In The Philippines Essays and Term Papers Search Advanced Search Documents 1 20 of 350 Tourism Curriculum Lyceum of the Philippines University-Manila Lyceum of the Philippines University Bachelor of Science in International Travel and Tourism Management Effective School Year 2009-2010 SECOND YEAR/SECOND SEMESTER FIRST YEAR/FIRST SEMESTER Subject Descriptive Title Subject Lec Lab Units Hrs. Credit requisite Lec Premium469 Words2 Pages chapter 1 tourism course issue ?CHAPTER 1 INTRODUCTION This chapter presents an overview of the current study which discusses the reasons of BS Tourism Management Students why they choose the course. History shows that there are already long term developments of tourism in the Philippines that has been influenced by the interaction of both internal an Premium6505 Words27 Pages The Influence of â€Å"It’s More Fun in the Philippines† Slogan as Perceived by Ceu Makati Tourism Students and Local and Foreign Tourists CHAPTER 1 The Problem and Its Setting Introduction Tourism industry is one of the pillars of Philippines’ economy. It is a major driving force towards economic growth. Both the government and the private sector continue to develop the tourism industry to attract large numbers of visitor Premium8082 Words33 Pages Tourism B. A. PROGRAMME APPLICATION COURSES TOURISM Convenor Coordinator : Prof. K. V. Bhanumurthy Joint Coordinator : Dr. Abha Mathur 1 Tourism Course Objective The application course aims to familiarize the students with a brief background of tourism, its concepts, developme Premium54174 Words217 Pages Tourism Stats PPT Working Paper No. 16 Tourism and the Poor: Analysing and Interpreting Tourism Statistics from a Poverty Perspective By Dilys Roe, Caroline Ashley, Sheila Page and Dorothea Meyer PPT Partnership London March 2004 1 PPT Working Paper Series 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 Premium11853 Words48 Pages Tourism Report India INDIA TOURISM STATISTICS 2009 Government of India Ministry of Tourism Market Research Division OFFICERS OF MARKET RESEARCH DIVISION ASSOCIATED WITH THE PREPARATION OF INDIA TOURISM STATISTICS 2009 Dr. R. N. Pandey Additional Director General Shri K. K. Nath Shri S. V. Singh Miss. 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Retrieved from http://ezproxy. aut. ac. nz/login? url=http://search. proquest. com/docview/220599288? accountid=8440 Abstract This article surveys the li Premium19930 Words80 Pages Resort Thesis TRIBHUVAN UNIVERSITY INSTITUTE OF ENGINEERING DEPARTMENT OF ARCHITECTURE PULCHOWK CAMPUS A THESIS PROPOSAL ON DEISGNING RECREATIONAL TOURIST RESORT FOR PARTIAL FULFILLMENT OF REQUIREMENT FOR THE COMPLETION OF BACHELORS DEGREE IN ARCHITECTURE SUBMITTED TO: PROF. DR. SUDARSHAN RAJ Premium6189 Words25 Pages Dictionary of Travel, Tourism, and Hospitality Dictionary of Travel, Tourism and Hospitality By the same author Britain – Workshop or Service Centre to the World? The British Hotel and Catering Industry The Business of Hotels (with H. Changing Trends ofDubai Tourism Industry Pooja Kalloor Swapna Malekar * 2. Objective Dubai Tourism Ecosystem Perception of Dubai amongst Tourists Understand different types of Tourism Business, Retail and Premium8694 Words35 Pages The Curse of Sex Tourism 17/07/2013 The curse of sex tourism TWN | THIRD WORLD RESURGENCE | ARCHIVE THIRD WORLD RESURGENCE The curse of sex tourism The prostitution industry in the Philippines is a national disgrace, says Father Shay Cullen. It reflects rampant corruption. Even children are not safe from sexual Premium1985 Words8 Pages Tourism Tourism Development Planning Guidebook for Local Government Units Department of Tourism Japan International Cooperation Agency Please direct your subscription and inquiries to the: Tourism Research and Statistics Division Office of Tourism Development Planning Planning, Product Development Premium18094 Words73 Pages Values Clarification for Tourism ? JOHN B. LACSON COILLEGES FOUNDATION – BACOLOD Alijis, Bacolod City In Partial fulfillment Of the Subject Tourism II Submitted to Miss. Ricah Desta R. Te Tour Adviser OCTOBER 10, 2012 Submitted By: RAMIL G. PASTOLERO BSHRM CSS 2 A Table of Contents I. Premium1792 Words8 Pages Retention Policy on BS Tourism ?Chapter 1 PROBLEMS AND ITS BACKGROUND INTRODUCTION The impact of the world tourism had made a significant spearhead in these recent years due to the rise in world economies and upsurge in global domestic consumption, which resulted to higher domestic capacity of individuals to Premium1657 Words7 Pages sample thesis ?COOP WHIZ: AWARENESS AMONG HIGH SCHOOL STUDENTS IN THE PROVINCE OF ILOILO Angela Faith E. Cerrada Loraine Joy D. Ginete Chapter 1 Introduction to the Study This chapter consists of five parts: (1) Background and Theoretical Framework of the Study, (2) Statement of the Premium10874 Words44 Pages Documents 1 20 of 350 |Go to Page 1 2 3 4 5 6 7 8 9 18 Previous | Next Search Welcome StudyMode. com is the webs leading learning tool. 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