...national and international professional organisations Tourism law: effects of EU and international legislation; tourist movement law eg passports; passenger carriage law; consumer protection law eg Package Holidays Act; planning regulations; laws relating to tourist attractions and sports stadia https://www.blogger.com/blogger.g?blogID=5649485182751853952#editor/src=sidebar LO2 Understand the trends and demands for sport and leisure tourism Sources of tourism data and statistics: international sources; National Training Organisations; regional tourist boards; sector-specific studies eg accommodation surveys, independent surveys; local, national, international statistics Characteristics and contribution of tourism: patterns of demand; supply characteristics; future markets; contribution to national economy and balance of payments; tourism-related employment; career pathways Tourism resources: natural; constructed; labour; tourism...
Words: 986 - Pages: 4
...months=3 yrs | Late 1990 | 24 months=2 yrs | mid1980s to 2003 | 18 months= 1.5yrs | As Emily thought about what she had heard, she came to two conclusions. First, the food products industry was beginning to see the same kinds of market pressures that rapidly changing industries, such as automobiles and electronics, have experienced for many years. For example, she knew that the life cycles of her company’s products were getting shorter and shorter. Second, Emily knew very well that while not all supplier evaluation and selection decisions originated during the development of new products, many of the critical selection decisions were the result of new product needs. Other point that Emily was very interesting is analyze to reduce the time it takes to evaluate and select suppliers by 30 percent, 40 percent, or even 50 percent. Questions: 1. Why should companies commit time and resources to evaluate and select suppliers? The evaluation and selection of supplier is one of the most important functions of business. A focus on selecting only the best supplier possible will make a major contribution to the competitiveness of entire...
Words: 676 - Pages: 3
...Experience | Criteria Assessed | P1 explain the structure and function of a health or social care organisationP2 report on own contributions to a specific team activity relating to health and social careP3 make regular reflective entries in a personal journal related to own contributions to work in a health and social care settingP4 present a portfolio of evidence from all placements that demonstrates the development of own practice in health and social care settingsP5 explain how continuing development of staff influences practice in settings.M1 assess how their contributions to the team influenced the success of the activityM2 assess how own development of knowledge, skills and understanding has made a difference to teams and individuals in health and social care settings M3 assess how continuing development of staff can enhance the care of patients/ users of services.D1 make recommendations as to how they could have adapted their own contributions to the team to enhance the success of the activityD2 evaluate how own effectiveness as a carer has developed as a result of workplace experiences. | The purpose of this assignment is to: to explore a health and social care organisation, participate in teamwork and reflect on learning from the 100 hours of health and social care work experience incorporated in the unit. | Scenario: This is not a scenario but real life work experience placements. You will complete three placements, but they do not have to be equally spread out between the...
Words: 1271 - Pages: 6
...Experience | Criteria Assessed | P1 explain the structure and function of a health or social care organisationP2 report on own contributions to a specific team activity relating to health and social careP3 make regular reflective entries in a personal journal related to own contributions to work in a health and social care settingP4 present a portfolio of evidence from all placements that demonstrates the development of own practice in health and social care settingsP5 explain how continuing development of staff influences practice in settings.M1 assess how their contributions to the team influenced the success of the activityM2 assess how own development of knowledge, skills and understanding has made a difference to teams and individuals in health and social care settings M3 assess how continuing development of staff can enhance the care of patients/ users of services.D1 make recommendations as to how they could have adapted their own contributions to the team to enhance the success of the activityD2 evaluate how own effectiveness as a carer has developed as a result of workplace experiences. | The purpose of this assignment is to: to explore a health and social care organisation, participate in teamwork and reflect on learning from the 100 hours of health and social care work experience incorporated in the unit. | Scenario: This is not a scenario but real life work experience placements. You will complete three placements, but they do not have to be equally spread out between the...
Words: 1271 - Pages: 6
...incorporated into a marketing strategy to achieve stated objectives. Examines pricing strategy over the life cycle of products. INSTRUCTIONAL MATERIALS Required Resources Nagle, T. T., Hogan, J., & Zale, J. (2011). The strategy and tactics of pricing: a guide to growing more profitably (5th ed.). Upper Saddle River, NJ: Prentice Hall/ Pearson. Supplemental Resources Berry, L. L., & Yadav, M. S. (1996). Capture and communicate value in the pricing of services. Sloan Management Review, 37(4), 41-51. Marn, M. V., Roegner, E. V., & Zawada, C. C. (2003). Pricing new products. The McKinsey Quarterly, (3), 40-49. Nagle, T. T., & Cressman, G. E., Jr. (2002). Don’t just set prices, manage them. Marketing Management, 11(6), 29-33 Simon, H., & Dolan, R. J. (1998). Price customization. Marketing Management, 7(3), 11-17. Smith, G. (1995). Managerial pricing orientation: The process of making pricing decisions. Pricing Strategy & Practice, 3(3), 28-39. COURSE LEARNING OUTCOMES 1. Analyze the key elements of strategic pricing and the role of pricing decisions in marketing strategy. 2. Evaluate the impact assessing value has on pricing strategy and profitability, and the importance of market segmentation. 3. Analyze the application of various pricing strategies and tactics to develop and manage an overall pricing strategy for a company. 4. Evaluate the effectiveness of price and value communication strategies. 5. Assess and create pricing...
Words: 4817 - Pages: 20
...Lesson 13: Investing in Mutual Funds What is a mutual fund? * A mutual fund is a professionally managed pool of money invested in stocks, bonds and other securities. * By purchasing mutual funds, small investors can easily diversify their investments and enjoy the benefits of professional management. * Investors own units or shares in the fund and benefit proportionately from any increase in value and/or income earned by the investments owned by the fund. The Reasons Investors Choose Mutual Funds | Mutual funds have grown in importance in Canada over the last twenty-five years. As of February 2008, there were 2,038 mutual funds with a total worth of nearly $679 billion – up from only $3.5 billion in 1981.The two major reasons investors choose mutual funds are: 1. Professional management - although there is no guarantee that the fund will outperform the market. 2. Diversification - by asset class (i.e. by holding a mix of stocks, bonds and money market investments) or within each asset class (i.e. by holding a variety of securities within each class). The risk of mutual funds arises from the risks associated with the investments they hold. * For example, a bond fund will be subject to interest rate risk – as interest rates rise, the value of the bonds owned by the fund will decline. | Mutual Funds With and Without Loads A load is a sales commission. In a load fund, the investor pays a commission every time he or she buys units (front-end load)...
Words: 9302 - Pages: 38
...Strayer University BUS 409: Compensation Management Assignment #2- Evaluate Compensation Plans of Company Abstract In evaluating Booz Allen’s compensation plans, it became obvious that I must first understand the nature and vision of the company in order to have a clear and realistic critique of the company’s pay plans. Internal and external analysis of the characteristics of the company and the things that make it unique among competitors and the strategic business plan objective were taken into consideration. A closer at the company’s history, current culture, organizational structure and practices, strategic hiring practices, promotions and rewards and the regulatory environment in which the company operates were all taken into consideration. 1. Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Booz Allen Company Booz takes proactive steps in creating conditions that offers its employee the ability to succeed and achieve their career goals and family balance. The company operates on the “Total Rewards Program” which main purpose is to provide “not only competitive compensation, retirement benefits, health benefits, and work-life and wellness programs, but also flexible work arrangements, leave programs, career growth opportunities, and much more” (Booz Allen Careers, 2012) The company is $5billion a year service and technology business with varying range of clients from the Federal government and private...
Words: 1012 - Pages: 5
...6/27/2014 Decision Science Assignment – 1 to 3 Kyaw Thike Tun ID No. - 213 Yangon Institute of Economics | Department of Management Studies | Online MBA Programme | 1. Describe the decision-making process and discuss the manager’s role in making decisions. Given example of a decision that can be quantified and one that is primarily a qualitative decision. Decision making process involves five steps: 1. Define the problem. 2. Identify the alternative 3. Determine the criteria 4. Evaluate the alternative 5. Choose an alternative Decision-making is important skill for business and life. Decision-making is especially important for management and leadership. There are processes and techniques to improve decision-making and the quality of decisions. Decision-making is more natural to certain personalities, so the managers should focus more on improving the quality of their decisions. Managers that are less natural decision-makers are often able to make quality assessments, but then need to be more decisive in acting upon the assessments made. Good decision-making requires a mixture of skills: creative development and identification of options, clarity of judgment, firmness of decision, and effective implementation. Here are some useful methods for effective decision-making: First a simple step-by-step process for effective decision-making. Today’s managers confront difficult decisions daily and must consider an increasingly wide range...
Words: 1147 - Pages: 5
...from the same countries and as well as any number of other countries. Whether they were conversing with their own country friend and that friend's domestic partner or their staunchly conservative friend in the next cubicle, they were surrounded by people who were all unique and whose life experiences made their life more interesting. Diversity training can help reduce interpersonal conflicts within a company. Buddy System - To help new employees settle into the organisation Invite the new employees to an introduction meal - introduce them to colleagues Check in with the new employees regularly. Employee Networks Employee resource groups for employees Provide training and support for mentors Therefore the challenge for organisation is to make them accommodating to diverse groups of people at the work place by addressing their different life styles, cultural moorings, family needs, and work style. If diversity is managed properly it can increase the creativity and innovations. CHANGING EMPLOYEE EXPECTATIONS: Employee expectations and aspiration have changed from traditional allurement, such as job security, good and attractive remuneration to empowerment, equality and quality work life. They expect empowerment in this job and they wants grow in the organization and also ready to...
Words: 1670 - Pages: 7
...Basinger Selected Filmography Kim Basinger Sherilyn Fenn Novel Romance (2006) Dream Warrior (2004) Darkness Falls (1999) Outside Ozona (1998) Boxing Helena (1993) Backstreet Dreams (1990) The Wild Life (1984) 2 The Sentinel (2006) Cellular (2004) 8 Mile (2002) L.A. Confidential (1997) The Getaway (1994) Batman (1989) Hard Country (1981) 15.963 [Spring 2007] Managerial Accounting & Control Main Line vs. Basinger Evaluate the defense argument that Mazzocone “has a duty under the law to minimize his loss, and this does not include going out and making a picture knowing you are $2m short. At what stage in the negotiations did Basinger withdraw? If late, it is possible some costs were contractual obligations (such as rights to script) at the time, and these obligations were assumed with the presumption of Basinger participating. Managerial Accounting & Control 3 15.963 [Spring 2007] Main Line vs. Basinger What were Mazzocone’s options following Basinger’s withdrawal? Do not make movie – this assumes all costs sunk. Make with another actress – this assumes some cost recoverability. How does this relate to example in previous class about airline pricing? Evaluate the following claim: “at the time of Basinger’s withdrawal, Mazzocone was faced with a short run decision.” Does loss minimization imply not making the movie, as suggested by the defense? Managerial Accounting & Control 4 ...
Words: 2129 - Pages: 9
...LEADERSHIP TASK 3 Leaders act as visionaries who help individuals to plan, lead, control and organise activities (Jooste, 2004, website). Mullins (2010) stated that leadership is a concept of teamwork, getting along with other people, inspiration and creating a vision. There are a lot of new challenges in the healthcare setting. Health professionals can’t deny the fact that we are working in an ever changing environment. New approaches, new technologies, new techniques are evolving to improve the quality, safety, efficiency of the healthcare and at the same time to be cost effective. The NHS plan (DH, 2000) argued that leadership and development of leaders on the healthcare setting should be paid more attention to. With this was the establishment of NHS Institute for Innovation and Improvement, which focuses on leadership development, as well as improvement and innovation. The workplace environment is a complex and a diverse area, strong, good and effective leadership is needed to implement change from policy makers and the government. Leaders should be confident, initiative, encourage high morale, a spirit of involvement, cooperation, fosters teamwork and should have the knowledge of what is happening in the department, latest development and kept abreast politically. On this assignment, I will be creating a personal development plan for a Band 7 post in the operating theatres in the next five years. I will be using the Leadership Framework set by The National Leadership...
Words: 1593 - Pages: 7
...write this essay in order to complete this course with a passing grade. Choose 1 essay topic from the following list of 16: Sartre Write an essay which explicates and evaluates some of the central claims in Sartre’s “Existentialism” (the first essay of Existentialism and Human Emotions.) You should frame your essay around a particular philosophical claim or theme which you would like to write about in Sartre’s essay. For example: 1. How does Sartre argue that “existentialism is a humanism” and is his argument a good one? 2. What is Sartre’s notion of freedom and how does it relate to ethics? Is this a viable ethics? 3. Explain and evaluate the claim that “existence precedes essence.” What are the implications for living if one accepts this claim? Defend or consider problems with this position. 4. What does Sartre mean when he says that “man is condemned to be free” but also that we are nonetheless responsible for who or what we become? In what way are we free, in which ways are we responsible, and to whom are we responsible? Is Sartre right? If so, why? If not, why not? 5. Drawing on the entirety of the essay, develop an account of what Sartre thinks the human is (in his language “man” or the “subject.”) Once you have articulated what man is for Sartre, critically evaluate this account. What are the strengths with Sartre’s version of what a human is—what, if any, are the weaknesses or blind spots in such an account? Nietzsche...
Words: 1163 - Pages: 5
... Selected Filmography Kim Basinger Sherilyn Fenn Novel Romance (2006) Dream Warrior (2004) Darkness Falls (1999) Outside Ozona (1998) Boxing Helena (1993) Backstreet Dreams (1990) The Wild Life (1984) 2 The Sentinel (2006) Cellular (2004) 8 Mile (2002) L.A. Confidential (1997) The Getaway (1994) Batman (1989) Hard Country (1981) 15.963 [Spring 2007] Managerial Accounting & Control Main Line vs. Basinger Evaluate the defense argument that Mazzocone “has a duty under the law to minimize his loss, and this does not include going out and making a picture knowing you are $2m short. At what stage in the negotiations did Basinger withdraw? If late, it is possible some costs were contractual obligations (such as rights to script) at the time, and these obligations were assumed with the presumption of Basinger participating. Managerial Accounting & Control 3 15.963 [Spring 2007] Main Line vs. Basinger What were Mazzocone’s options following Basinger’s withdrawal? Do not make movie – this assumes all costs sunk. Make with another actress – this assumes some cost recoverability. How does this relate to example in previous class about airline pricing? Evaluate the following claim: “at the time of Basinger’s withdrawal, Mazzocone was faced with a short run decision.” Does loss minimization imply not making the movie, as suggested by the defense? Managerial Accounting & Control 4 ...
Words: 2118 - Pages: 9
...Kudler Foods has implemented a sales plan aimed toward achieving the new goal of delighting new and existing customers. The plan consists of three parts; however, this proposal will present a plan for the new customer focused programs. The Kudler sales team will successfully implement new programs designed to increase revenue and decrease costs. To attain this goal, an evaluation of the current sales team members will need to take place. Based on this evaluation of skills management will select several members of the current staff as well as hire some new employees to create a well-rounded, highly skilled team. The team’s responsibilities and functions will change and there will be an increase in responsibility. As a part of the restructure, a training plan, regular performance feedback, and annual performance appraisals are to be part of a performance management plan. This proposal will describe the new team members, revised responsibilities, training, and performance appraisal process proposed to ensure the team’s success. The first step will be to reorganize and restructure the team. The new team will have strong sales skills, be effective team players, be creative, innovative, and have an enthusiastic attitude. The team will consist of six members including a sales manager and five sales associates. The sales manager position is responsible for the team’s success in effectively implementing new customer programs, achieving sales goals, and motivating, mentoring...
Words: 1705 - Pages: 7
...degree is reasonable, however, this request, superficially, is not the necessary to evaluate the efficiency of a public official. Since, depending on various certain situation, some other additional factors and charters, such as tenacity, fedelity, humility and social deftness, should also be emphasized. To begin with, to maintain a relative high level of moral and ethical standard could be an essential character for an effective leader. Public leaders are always respected and made as an examples by the civilians due to their influence whose none in the country could overtake, meanwhile, the high standards of moral and ethical would foster a widely accepted and health social value. This influence, in turn, will cause the society more productive and effective. For example, the Nazi leader--- Hitler, a extremely Nazism, sparked the WWII, which is regarded as the guilty of human being. Although he had a impressive speech, on one will agree that he is an effective and democratic leader or a patriot to German. His loss is not only the attack from the allied countries, but also the betrayal of its civilian. However, merely determining a leader with ethical and moral is definitely insufficient, even overstated when asking the highest standard, the contribution would be the more persuasive method to evaluate the public governors. Making errors or mistakes is just a matter will happen in everyone's life, including the...
Words: 576 - Pages: 3
