Walt Disney Parks Resorts Management Strategy Essay Example

Walt Disney Parks Resorts Management Strategy Essay Example Walt Disney Parks Resorts Management Strategy Paper Walt Disney Parks Resorts Management Strategy Paper Walt Disney Parks and Resorts Management Strategy Policy For my final paper I chose to discuss The Walt Disney Company. Since the Company is so large and made up of four primary business segments, I decided to focus on one particular segment: Parks and Resorts. This segment is composed of the theme parks, cruise-line, and vacation club resorts. The Walt Disney Company Parks and Resorts strive to be the leader in innovative and creative family entertainment in the world. The mission of The Walt Disney Company Parks and Resorts is to provide â€Å"magical† experiences to all guests that visit our Parks and Resorts. We use technology, innovation, and imagination to create a unique entertainment experience comparable to nothing else. Our core values are: -Provide world-class customer service based on the Disney Service Model -Make sure every guest that comes to our Parks and Resorts has a â€Å"magical† experience -Use our rich culture, traditions, and heritage to differentiate our products -Create new entertainment experiences using our innovative technology and storytelling -To make happiness and dreams come true The Walt Disney Company Parks and Resorts is apart the Amusement Park Industry. This industry began as early as 1600 and really started flourishing in the mid 1900’s. The big competitors in the market are Six Flags Entertainment Corp, Universal Studios, Cedar Fair Entertainment Company, SeaWorld Parks Entertainment, and the Herschend Family Entertainment Corporation. The companies that are not in the industry are the traveling carnivals and fairs. This is because they are only in one place for a short period of time. They pose very little threat and/or competition to the amusement park industry. The demographics of the macro-environment are very broad. Since the amusement park industry is geared towards family entertainment, both genders and all ages are present. Many different races are also involved because there are parks in many different countries. Theme parks are now handicap accommodating too. The social forces vary depending on which area the theme park is in. Even in the United States, Disneyworld (Florida) and Disneyland (California) vary in there social forces. Cast Members (Disney’s term for employees) in CA are trained to be friendly and greet every guest, while in FL they are trained to only greet guests who seek them out. The political, legal, and regulatory factors again, vary from theme park to theme park. The parks in the United States have more restrictions than say those of Hong Kong, China. In the U. S, minors (age 15-17) are only allowed to work 20 hours a week. In Hong Kong, young persons (ages 15-17) are allowed to work up to 48 hours a week. Regulatory factors such as this differ in each region. The Walt Disney Company Parks and Resorts has quite an extreme variety of natural environments. The weather in Florida for example can get in the 100’s regularly whereas in California it can get as cold as the low 50’s. These weather conditions actually are a big factor in guests determining which park they want to visit. Technology seems to stay consistent between most of the theme parks. In fact, many of the theme parks have some of the same rides at their parks. The global forces actually can create threats to the company. The addition of the newest theme park to the company, Shanghai Disney, took several years to become accepted. This has been common throughout the duration of The Walt Disney Company. Many people vote against a new theme park or resort because of the crowds that it will attract and the amount of space it will occupy. General economic conditions vary in each region. The U. S. economic decrease actually ended up boosting the attendance at the theme parks. This is because families weren’t able to afford big vacations to Hawaii and Europe but they still wanted to have a vacation, so they went to a Disney park for a day or two because it was more affordable. The macro-environment plays a big role for the Parks and Resorts. Since the company is global and has parks in different countries, all of these macro-environment components vary in each country/region. This can be very difficult to manage since decisions about the company have to be based on each individual theme park. Some of these components, such as natural environment, play a huge role in park attendance. In this industry, park attendance is the key factor to success. The Walt Disney Company Parks and Resorts faces many competitive forces. The first of these is competition from rival sellers. Although Disney does offer a truly unique entertainment experience, people do enjoy going to other theme parks. Six Flags for example is known for their record breaking rollercoasters. Disney doesn’t offer a lot of roller coasters, so people who want that thrill are likely to go to Six Flags over a Disney park. Universal Studios focuses on themed rides. Although Disney’s rides are themed, it’s not to the extent that Universal does. The thing that sets Disney apart over the other competitors is not only its storytelling but its superb guest satisfaction. In the amusement park industry, there is little threat of new entrants. A theme parks initial startup costs are in the millions (roller coasters on average cost about $10-20 million alone). The entry to this market is also difficult because you have to find a significant amount of space to utilize if you plan on growing. Also, technology changes frequently and older rides are replaced with newer rides, so competing in the market is an ever-changing, ongoing process. There aren’t a whole lot of substitute products in this market; theme parks are a very unique industry. If you are looking for that rich family experience, going to a zoo or museum might give somewhat of a similar family experience. If you are looking for a thrill, sky-diving and bungee jumping are some of the alternatives. Overall though, you really can’t get the kind of experience you get from a theme park anywhere else. Suppliers of Disney’s Parks and Resorts don’t have a lot of bargaining power. For one, all of Disney’s rides, shops, and stores are designed and manufactured by Walt Disney Imagineering (owned and operated by The Walt Disney Company). They design every detail in the parks down to the type of chair to use in a particular restaurant. Suppliers of food and beverage have somewhat of a bargaining power. For example, if Coke is the only cola beverage served throughout the parks, if coke wants to charge Disney more for their product, Disney will most likely have to accept because it would be extremely costly to replace Coke with Pepsi throughout all of its parts. Buyers (guests) also have little bargaining power. Ticket prices are non-negotiable, and in the park, if guests want to eat or drink, they have to buy the in-park food since they have nowhere else to get food. If a guest has a bad experience or upset about something, Disney will usually give them some sort of compensation such as a front of the line pass. This lets the buyer feel like they have power when in reality, a front of the line pass costs nothing for Disney accept the cost of the paper, but is very beneficial to an angry guest. Out of all of the competitive forces, the one that is the biggest threat is the competition from rivals. Each different theme park competitor offers its own style of entertainment. Disney offers a unique â€Å"magical† family entertainment experience while Six Flags offers big thrilling roller coasters. I think that the market balances out because sometimes you might want a thrilling ride so you go to Six Flags but when you want that family entertainment you would go to a Disney park. There are six main competing firms in the amusement park industry. After creating a strategic group map that compared ticket price and attendance, I was able to see which firms are competing rivals. Disney Parks and Resorts is by far the leader in the industry and has no direct rivals. Universal Studios and SeaWorld Parks Entertainment are close rivals and form a strategic group. Cedar Fair Entertainment Company, Six Flags Corporation, and Herschend Family Entertainment are all in a strategic group. They attract around the same amount of visitors each year as Universal and SeaWorld, but have significantly lower ticket prices. Universal and SeaWorld earn a small increase in revenues over Cedar Fair, Six Flags, and Herschend.

The Differences Between Generations and the way Society Perc essays

The Differences Between Generations and the way Society Perc essays In Douglas Couplands novel Generation X three friends Andy, Claire, and Dag go on a mission in search of meaning in their lives. The three quit their low-paying jobs and leave their hometowns and everything they had in exploration of extreme changes. They travel to California in search for new jobs and the successful lifestyles they are worthy of. Each of the three friends was born following the baby-boom generation, which took place in the years before 1950. People born between the late 1950s and the late 1960s are given the name generation X for many reasons. Though Andy, Claire, and Dag are members of this generation of time, they were also educated and expected more out of life than what they had been given. This generation is often over looked in todays society. Throughout the book Coupland uses the differences in the generations to play them off of one another. Each generation withholds many changes from the previous. The authors deep understanding of the X generation is used in mockery of the others, and their lack of perception of what is really going on. The people belonging to generation X are often defined as, cynical, hopeless, frustrated and unmotivated slackers who wear grunge clothing, listen to alternative music and still live at home because they cannot get real jobs, as said by a Nevada newspaper. Living up to these truths the Dag, Claire, and Andrew begin a routine of drinking heavily, reminiscing about past time, and making up stories. All the while they are working what they call McJobs, or jobs that have no future, pay minimum wage, have low benefits, and that are of very low stature. Though they are overeducated their private and unpredictable ways leave them working in the service industry. The stories these three characters tell throughout the book are entertaining and humorous. They create tales of love, life, previous overdoses, different cultures of s...

Preparing for Executive Roles Essay Example | Topics and Well Written Essays - 250 words

Preparing for Executive Roles - Essay Example Therefore, they should make their strategies known by their subjects (Goleman, 2000). As leaders of a group, an executive officer should always be ready to take the blame if the projects that they are working on fail to work (Charan, Drotter& Noel, 2010). When it comes to decision making, it is always advisable to base one’s decisions of detailed information instead of using instincts (Kouzes& Posner, 2003). In order to spend more time with lower-level employees, an executive officer should make sure that he makes frequent casual conversations lower-level employees (Kampa-Kokesch& Anderson, 2001). This will help in knowing exactly how they feel about your leadership (Bass & Bass, 2009). Good listening skills can be applied through occasionally allowing employees to give their feedback during meetings regarding their performance and the performance of the team (Chait, Ryan & Taylor, 2011). When making decisions, an executive officer might benefit by letting the employees know what the decision is aimed at achieving and letting them give their opinions on the most appropriate choices that can be of benefit to the organizations (Daft, 2014). Before, giving out any responsibilities or introducing a project, a manager should introduce the strategies that they aimed at using to make the project a success (Cohen &Prusak, 2001). Accurate information can be sourced by making sure that the organi zations have all the resources that are needed in collecting the relevant information (Cross&Prusak,

Development of Eating Disoder inTeenager using the Cognitive Essay

Development of Eating Disoder inTeenager using the Cognitive Flexibility Theory - Essay Example 552-556 Laessle, R. & Schulz, S., 26 January 2009, Stress-induced laboratory eating behavior in obese women with binge eating disorder, International Journal of Eating Disorders; Volume 41, Issue 6, pp. 505-510. Sim,. L., Homme, J., Lteif, A., Vaande Voort, J., Schak, K. & Ellingson, J., 2 February 2009. Family functioning and maternal distress in adolescent girls with anorexia nervosa, International Journal of Eating Disorders, Volume 41, issue 6, pp. 531-539 Tchanturia, K., Anderluh, M., Morris, R., Rabe-Hesketh, S., Collier, D., Sanchez, P. & Treasure, J., 2003, Cognitive flexibility in anorexia nervosa and bulimia nervosa, Journal of the International Neuropsychological Society, 10:4:513-520 Wade, T., Treloar, S., Heath, A., & Martin, N., 23 February 2009, An examination of the overlap between genetic and environmental risk factors for intentional weight loss and overeating, International Journal of Eating Disorders, volume 42, issue 6, pp. 492-497 Zastrow, A., Kaiser, S., Stippich, C., Walther, S., Wolfgang, H., Tchanturia, K., Belger, A., Weisbrood, M., Treasure, J. & Friedrich, H., 2009, Neural Correlates of Impaired Cognitive-Behavioral Flexibility in Anorexia Nervosa, American Journal of Psychiatry, 166: pp.

Comparsion and Contrast Essay the Welcome Story and What Its Like to Be a Black Girl Essay Example for Free

Comparsion and Contrast Essay the Welcome Story and What Its Like to Be a Black Girl Essay Trying to Fit What do you do when you feel like you just dont fit in with the society you live in? Since the beginning of time blacks women, have been recognized as women who don’t fit the traditional ideal of beauty. A woman of color comes in all different shades of skin tones Caramel, Golden bronze, Cocoa brown and Dark brown. Their hair comes in a quite few different textures, from tight as a thick rubber band, to curls about thick as your pinky finger. Most people describe black women natural afro textured hair as kinky, spiraled, fizzy or nappy. During the slavery-era to the early 1900’s black women in America, went from cornrows, braids and other natural styles. Some reasons for this as I grow up getting perms known as straight hair was a sign of class and Nappy hair was a sign that you were poor. With segregation no longer being an issue, blacks were now free to work their way up in American society, but they still faced white racism. Whites’ people saw black people skin features as a sign that one is given to being sexual active, violence and lacking in intelligence. Many blacks lightened their skin and straightened their hair to appear more acceptable to whites in order to get ahead. When it comes to black women television shows, show how society should be in the eyes of T.V. and its monkey see monkey do from there. Black women have been villianized on television. They are portrayed as home wreakers and baby momma with several different dads or the lowest standard. If you ever see a successful man on television he is not allowed to be portrayed with a black woman. If you watch a music video, the star of the video will not be shown with a black woman with clothes covering her body. The media would not like to high light the qualities of black women because the executives behind the scenes arent black men. The goal is to make white women appear to be the best and highest quality of woman that Barbie. For this reason you will see interracial relationships between every celebrity athlete and the not a black woman of their choice. At this point a white woman on your arm represents she is super smart and very successful. Some people wont fall absolutely for the trap and be with a white woman, but they still wont marry a black woman. Black woman is demanding a new set of female definitions and a recognition of herself of a citizen, companion and confidant, not a matriarchal villian or a step stool baby-maker. Role integration advocates the complementary recognition of man and woman, not the competitive recognition of same.(duke.edu) The strangest thing about this stereotype situation is that many white women go to tanning booths often to get a caramel complexion of an African descent skin. Who created the monster of discrimination and Why? A question we will never know. Discrimination based on skin color, or colorism, is a form of prejudice or discrimination in which human beings are treated differently based on the social meanings attached to skin color. (Wikipedia.com) The â€Å"Welcome Table† is a story that is filled with religious symbolism. Religion is the theme of this story. This story is enduring in the sense that it shows the strength and belief an old black woman had to face during her trials and tribulations. â€Å"What it’s like to Be a Black Girl† is a poem that gives the reader an inside view into a young black girl’s transition into black woman-hood at a time where being a black girl and being a black woman was not as welcomed. In these two literary works, although the similarities aren’t quite the same they still have the same concept. In the short story The Welcome table you have a narrator’s point of view and ‘What It’s Like To Be A Black Girl’, you have the actual author of the poem giving her point of view from experiencing how things where . Although there is a cultural difference it still involves race and how it affects a one individual’s way of feeling and the outlook from someone else’s appearance. â€Å"The Welcome Table† was a short story whom was written by Alice Walker. She was born on February 9, 1944, in Eatonton, Georgia . Alice Walker is one of the most admired African American writers working today. She studied at Spelman College, Atlanta, and Sarah Lawrence College, New York, then worked as a social worker, teacher, and lecturer. She has taught gender studies courses at Wellesley College and  began one of the first gender Studies programs in the United States. Her publications include poems, short stories, and novels. She continues to write, exploring life situations through the eyes of African American women and advocating ways to approach challenges of sexism, racism, and poverty in American life. She took a brief break from her writing in the 1960s to live in Mississippi and work in the civil rights movement, returning to New York to write for Ms. Magazine. Alice Walker won the 1983 Pulitzer Prize for Fiction for her 1982 novel, The Color Purple, and is also an acclaimed poet and essayist. This short story had a very compelling plot which is described in our text book as â€Å" A dynamic element in fiction, sequence of interrelated conflicting actions and event typically build to a climax and bring a resolution.† (Clugston, 2010) The first part The Welcome Table is told in the third person and shifts the point of view from which the story is told. The beginning of the story is told from the white peoples perspectives as they see an old black woman. The author goes on to describe the look of the old spiritual woman who eyes were blue –brown in color and where nearly blind. The old woman’s Sunday clothes high polished shoes, rusty mildew dress, and an elegant silk scarf stained with grease from her pig-tails. (Clugston, 2010) She walked many miles, alone in freezing cold until she came upon a church all sweaty and clammy. It was a church only for white people. She stopped on the steps of the church to rest before going inside. When she went into the church, the reverend stopped her by saying â€Å"Auntie, you know this is not your church? The white people are at a loss when they see her near the entrance of the church and do not know what to do. Some would have taken her in from the cold. But other judge her appearance makes some of the white people think of black workers, maids, cooks; others think of black mistresses or jungle orgies. Still others think that she is a foreshadow of what is to come black people invading the one place that it still considered the white persons sanctuary, their private church. As the old lady sat down on the church prewe chairs the old lady was sing in her head. The white women inside the church, who take it as a personal insult and feel the most threatened about the old black lady being at their church, they rouse their husbands to throw the old lady out. Still sing in her head now a sad song,  the old lady looked down the road and seen Jesus and died on the side of the road. (Clugston, 2010) Visualize anything other than that of an old poor lady being mistreated by racism. After reading and experience feelings of compassion when the author describes the unnamed old womans appearance and hygiene as she tried to enter the church. From the depiction expressed throughout the narration of this story, one could sense that this short story was created from the personal experiences or from seeing others who went through. The strangest part of the story is when the pastor call her auntie, either she was the nanny child who grow up with the pastor’s mothe r or father? Who they must had consider her as family without people knowing. â€Å"What it like to be a black girl† is a poem that was written by Patricia Smith. She was born in Chicago in 1955 currently lives in Howell, NJ. She is a four-time individual National Poetry Slam champion and appeared in the 1996 documentary SlamNation. an American poet, former journalist , playwright, author, writing teacher, and spoken-word performer. She has published poems in literary magazines and journals including TriQuarterly, Poetry, The Paris Review, Tin House, and in anthologies including American Voices and The Oxford Anthology of African-American Poetry. She is on the faculties of the Stonecoast MFA Program in Creative Writing and the Low-Residency MFA Program in Creative Writing at Sierra Nevada College.(Wikipedia.com) In this poem the author is telling this story in third person omniscient the poem tells the story of a young black girl exploring and experiencing the changes to of her body. Now starting to develop in many areas to become a black woman she feels like something is wrong with the way she looks. The author uses jagged sentence structure and strong language to also show the reader the importance of this poem. The writer gives the audience an insider’s view into a young black girl world who is feeling like she is one of the most ugliest person on earth. â€Å"It’s dropping food coloring in your eyes to make them blue and suffering their burn in silence. (Clugston, 2010) This poem speaks of the young girl changing her image by placing blue contacts in her eyes. It’s popping a  bleached white mophead over the kinks of your hair. The writer is speaking of the young girl putting a perm on her hair to straight out her hair. I respect the authors reflection of the nine years old girl feeling and trying to fix everything about herself that the world tells her is wrong. The straightening out her hair because being black left you with kinky, curly, frizzy hair., the contacts you wear, the things you do to make yourself look more lik e the beautiful, blonde-haired, blue-eyed white girl. the television have protrude as beauty. When youre nine, you shouldn’t feel these things are necessary because you havent fully developed yet. Primping in front of the mirrors that deny your reflection (Clugston, 2010) Is something many poor women did, but for the black woman in the 1950s it was about using press combs and making outfits to fit in and not being some negro woman, drawing attention to herself. I feel for the author wrote this poem in seeking acceptance from others. In my conclusion, the main character in each of the stories is a protagonist black female who both struggle with trying to be accepted in society due to the color of their skin. Being different is all about how you handle the situation. When one thinks their better than one race that’s when being different is a problem. Comparing these two stories there is racism and discrimination they had to face. Both stories express the determination of one woman and one young girl who survive through all adversity. The authors speak of the hardship one woman and one young girl had to face and suffer. Understanding the fear, struggle and those women of color went through during this time and now. Being different is what god made us. No one person is exactly the same even if the world was one color. Reference 1. Clugston, 2010 2. Wikipedia.com 3. duke.edu 4. poet.org 5. wordwoman. Ws 6. ehow.com 7. Literary Cavalcade;Feb2003, Vol. 55 Issue 5, p32

The Green Knight Calls! Essays -- Sir Gawain and the Green Knight Essa

The Green Knight Calls! The passage in Sir Gawain and the Green Knight, from line 203 to line 278, sets the stage for the rest of the poem by introducing the Green Knight's challenge to King Arthur. The haughty and reckless Green Knight rides into Arthur's court, demands the attention of the knights and issues a challenge to exchange blows with his axe. The Green Knight's axe is a symbol of the judgment that is to come to men at the end of their time in this world. The confidence possessed by the Green Knight in riding thus into Arthur's court, is later shown to be due to the enchantment put on him by Morgan Le Faye. The Green Knight's confidence and his challenges to the court create a caricature of the bravery of knighthood and excessive pride is indeed the excess that this cautionary tale warns against. Sir Gawain meets the challenge but his actions show that even the bravest knight must not be too proud or sure of himself. The Green Knight's Challenge! The scene begins with the continuing description of the Green Knight as one who had come with "no helm, nor hauberk neither." The Green Knight has no helmet or armor. In his hands are a holly branch and an enormous green axe. The axe is described as having a head an ell in length. An ell is equivalent to forty-five inches. This is no ordinary axe. He claims that the branch shows he comes in peace but the axe belies his deadly mission. Although his green color may symbolize rebirth and the coming of spring, surely the axe is reminiscent of the executioner and the coming day of judgment. The Green Knight rides directly up to the dais and demands the audience of the "captain of this crowd." At this point, no one has addressed him or tried to stop him. Surely go... ...th. That judgment can come upon you in your finest hour, in the midst of a party. Sir Gawain ultimately learns the lesson that men must be mindful of their pride. Although he almost completely resists the temptations set before him by the Green Knight, he does falter slightly, although only for fear of his own life. He thus realizes that the flesh is weak, even in the most noble of men. He takes on the belt that saves his life as a symbol to remind himself of his own weakness. He becomes wiser for having faced death because he realizes that symbols, like the green belt he wears, like the cross of Christ, can be powerful reminders of lessons and ideas forgotten in the rush of daily life and human vanity. Credits "Sir Gawain and the Green Knight" The Norton Anthology of English Literature. Sixth Edition. Vol. 1. Ed. M.H. Abrams. New York: Norton 1993 202-254

Case Study of Mc Golden Arch Essay

Executive Summary This case study was about the Madison Hotel project in Memphis. After determining the case, there were lots of problems occurred during the processes which are over budgeting and delay opening because of the unplanned acquisition of facilities. The problems are occurred because the owner of project changed the concept of the restaurant, the land price was raised, the name of the building was belonging to the previous owner, refusing the loan from the back, and inaccurate and insufficient construction. After the root causes of the problems are discovered, there are many ways to solve and prevent the problem. There are three main ways to solve them. The first way is to improve the construction contract. The owner should invest the background of the construction company before signing the contract. Also, make a clear cut-contract to ensure that the constructors will finish the project on time. In case there is any fee from defaults or failures, the constructors have to respond for them. The second way is to consider the risk that involve with this project. The management team should be able to respond the unexpected risks that may occur immediately and they should have a second plan for more alternatives as well as reducing the period of working time. The last way is about planning process. The owner should have a plan which is covered all the part of the project and all responsibility of the project member for avoiding any complexity to prevent any pushing the responsibility off duties to other players. The more important of the project, the more efficient of the plan should be considered. If the plan is achieved, the hotel will be opened on time and the project owner will not have to pay for unnecessary processes. Also, the Madison Hotel will be the best boutique hotel in Memphis according to its fully service and facilities, and for special events, the hotel will have high occupancy rate from fully booking. On the other hand, if the plan is failed, the hotel will face with the same problems which are delay opening, over budgeting, complicated business plan, and failure to achieve the goal. The description of the case 1.1 Background of the case This case study focused on the creation of a 110-unit luxury boutique hotel in Memphis, Tennessee by four developers and the lessons they had learned during this complicated project. The individuals who identified in this project are – Walter Broadfoot: a veteran hotel owner and broker from Memphis – Tony Klok and Gene Kornota: they funded the majority of the equity for the project – Mohamad Hakimian: The long time general manager of Memphis’s most famous hotel who became involved in the project as a managing partner to shaping the renovation and character of the hotel Walter Broadfoot first eyed the Tennessee Trust Building as a possible hotel in Memphis because it was an ideal structure to convert to a hotel that is to say it already had a window and an identical floor plan from floors three though sixteen, a large ground floor lobby, a second-level mezzanine, a lower or basement level and the potential for a rooftop deck that would command a breathtaking view of the mighty Mississippi. But the Memphis lodging market had enough depth and there were a lot of complexities and extent of challenges faced him at the certain period of the time. Therefore, the project was abandoned right away at that time. The building was cost $250,000 and was selling by CNA Company, but CNA didn’t hold any legal right to it because it was in the name of previous owner. After the developer bought this building from CNA Company, they had to pay for this unplanned process which cost about $100,000 and took several months to be done. He encountered the owners who were either unwilling to sell or wanted to make a quick buck in order to make space for hotel’s food, beverage and banquet facilities. After many months of planning and meetings, the developers faced another exceedingly budgeting problem. By the time, the hotel was swelled to approximately $15 million which is 50 percent more than the estimated total project cost ($9.7 million). The developers site several major factors that drove up the original budget which are -the enhancement of the initial food and beverage concept: from limited in scope to full-service/upscale grill and bar – Inaccurate and insufficient construction cost budgets: by an unqualified general contractor – The expense for ensuring construction interest that they (new contractor) will be continued well beyond the time frame According to over budgeting, the entrepreneurs need to loan from the local bank but the local bank realized that this project hold too much risks, consequently, there weren’t any local banks interested in providing permanent financing for the project. Tony and Gene have to loan from the bank of Chicago base on banking relationship. The loan was about 50% of the project cost and the bank will continue to hold the title of the building as additional secured collateral. The business entity that was formed to own the hotel was a Tennessee limited liability corporation. Equity share is defined as the actual cash equity contributed by each partner while financial share represents the structure of the profit distributions after receives a return on their original cash equity. Equity shareFinancial share Investor#145%35% Investor#245%35% Investor#35%15% Investor#45%15% 1.2 The purpose of the case The purpose of this study was to understand the complexities involved in this project. Also, to create a new plan in order to prevent any unexpected situations or unfavorable conditions that may occur during the processes. To learn the previous obstructions and the lessons that already occurred to prevent current risks and problems that may exist as well as to think ahead and preclude complicated problems in the future. For improving and developing this boutique hotel to become the best European style boutique hotel in the Memphis, hopefully, in the Tennessee likewise. 1.3 The scope of the case This case study looks into the Madison hotel renovation which is located at Tennessee, United state by four entrepreneurs. It is all about the business planning process which is about how to start a hotel business starting from buying the properties along with finding the source of investment funds not including sale and marketing analysis, competitor analysis, or other irrelevant aspects. 1.4 The limitation of the case The case study involved with the financial incentives and tax free exchange provisions which were beyond our basic knowledge. Hence, this case study analysis will not refer to any financial topic which has no effect to analysis process.

In the Lake of the Woods Essay Essay

â€Å"In the Lake of the Woods† is a non-linear novel by Tim O’ Brien that consists of the themes trauma and insecurity. The protagonist of the text, John Wade is driven into insanity due to his fear of losing the love of his life, Kathy. Throughout the novel, john Wade’s secrets are exposed to the world, this being the reason that ended his career as a politician, which was the final push towards his madness. Wade was not only affected by his shattering moment in his career, but his childhood and experiences of war in Vietnam left him traumatized and feeling unworthy of love. John begins to crave love at an early stage I his life, after he meets Kathy he develops an obsession for her and becomes dependent on her love. He faces many issues with Kathy, trust being the main one; this could potentially be the reason for John’s breakdown of sanity. Although Kathy played a large role in his life and downfall, there was a whole other range of factors that took p art in his fall to insanity. John Wade started off his career with a goal in mind, to become something important in the political world. As he progressed through his career, he became aware of the fact that his past could ruin what he was currently building. Wade, as a child learnt to deal with his problems by bottling them up and pretending nothing had happened â€Å"this could not have happened. Therefore it did not† John believes that if he lies to himself, and continuously blocks out memories of his dirty past, he would be safe from the secrets. His method did not serve to his likings, as his secrets were exposed to the world despite John’s lies to himself. The secrets of his partaking in the massacre of â€Å"Thuan Yen† were exposed during his election, which proved to be a â€Å"career ender†. John used his career as a politician to gain the love and affection he so deeply desired. Growing up, he didn’t receive the love he craved, â€Å"you show me a politician and Iâ₠¬â„¢ll show you an unhappy childhood.† John losing the election was essentially the loss of his source of love and his sense of power and control. This potentially drove John into insanity. As a child, John Wade suffered. He loved his father but didn’t receive any affection in return. His father continuously teased john, referring to him as â€Å"jiggling john†. This makes John feel that if his own father could not love him, then he was unworthy of love itself. At the young age of fourteen, John’s father committed suicide. This traumatized john and led to his â€Å"desire to kill† the night of his fathers funeral. He wanted â€Å"to kill his father for dying† John was clearly angered by his father’s death, but instead of venting his anger in a healthy way, he pretended it didn’t happen, â€Å"It was pretending, but the pretending helped†. As John grew older he enrolled with the army to fight in the Vietnam War. He was registered with a group called â€Å"Charlie company† Unfortunately, John was involved in the massacre of â€Å"thuan yen†, where he witnessed murder, torture and had a first hand experience in taking two lives, one being his mate PFC weatherby. This came back to John as nightmares and flashbacks. He tried to forget and pretend it didn’t happen but it all came back to him during his slumbers, the memories and guilt wil l always be with john, in some way. The failed politician met Kathy in â€Å"the autumn of 1966† at the university of Minnesota. John’s obsession is evident from the very moment he meets Kathy. He is in love with her, and the â€Å"trick† is to â€Å"make her love him and never stop†. John treats life as a magic show, growing up, magic was his only friend, it gave him a sense of power, happiness and was the only thing going right in his life, as an adult John continues to use tricks to solve all of his problems. John, in a sense, manipulates Kathy and develops a fixation on her and doesn’t stop at anything to find out everything about her life. His urgency comes from fear; he doesn’t want to lose her. After his father committed suicide and in a way, abandoned John, he feels that at any moment Kathy can just get up and leave. Kathy had a tendency to â€Å"simply vanish†. She is â€Å"fiercely independent† which intimidated john because he felt that Kathy was too go od for him. John genuinely loves Kathy, but the way he represents their love is alarming; he compared their love to a pair of snakes he’s seen along a trail near Pinkville, â€Å"each snake eating the other’s tail, a bizarre circle of appetites that brought the heads closer and closer† â€Å"That’s how our love feels†. This image, along with his desire â€Å"crawl inside her belly indicates a love that is both obsessive and destructive. His need to control and ‘consume’ Kathy dictates how his obsession for his wife leads to the loss of his sanity. Although John’s fear of losing Kathy is a main part of his downfall, there is a whole range of factors that lead to his mental breakdown. His fear of losing his wife all trails back to his childhood, where his first traumatizing experience takes place. When the fourteen year Old’s father died, he was not hurt in a ‘normal’ way, It seems almost as if john missed the concept of having a father figure rather then his actual father. This becomes clearer when john remembers an idolized and great version of his father unlike the real one, who was â€Å"continuously teasing† John and suffered from alcoholism. John begins his life of pretence from this moment on thinking the pretending â€Å"would help†. As Wade develops into an adult, his ways never seem to change. During his time served in the Vietnam War, John is better known as â€Å"sorcerer† because of his magic tricks and deceit to the rest of his fellow soldiers. John, having started ma gic from a young age, continues to use it in his adulthood, providing him with a sense of control and power and during the time was fulfilling his craving for love. John takes part in a horrific act of massacring in â€Å"Thuan yen† where he kills two human lives, and watches his fellow soldiers in â€Å"Charlie company† murder numerous people. This comes back to traumatize and haunt John, as Post traumatic stress disorder tends to do, it came back as flashbacks and nightmares. His infatuation with Kathy was a major part in John’s demise; however, the various other components in the novel prove to have had an effect on his sanity.

Free Essays on Could Parkinsons Have A Cure

Could there be a Cure for Parkinson’s The article by Nicholas Wade, â€Å"Promising Results Are Seen in Small Parkinson’s Trial†, has a very good explanation on a new experiment tried on five patients to attempt to alleviate the symptoms of Parkinson’s disease. Parkinson’s disease is a disease that kills neurons that produce dopamine, a nerve-to-nerve messenger. This disease results in bad control of muscles and movements, tremors, spells of rigidity, and even loss of smell and/or taste. For many years doctors have been trying to develop a substance that would counter act the depletion of dopamine in the brain. One of the supplements they came up with was L-dopa, which works very well but with time its effectiveness decreases. Physicians have tried implanting dopamine-making cells taken from fetuses, but this experiment produced negative results. Then doctors found that it was a hormone that would promote the making of these cells. In past trials thus hormone was injected into the fluid filled in the center of the brain, but this trial resulted in no positive results because the hormone was too large to migrate to where it needed to go in the brain. From this experience Dr. Gill and Dr. Svendsen decided that GDNF should be placed in the part of the patients brain with the largest deficiency in dopamine. This experiment involves the implantation of small battery operated pumps in the patient’s abdomen. The pump would deliver a â€Å"steady trickle of GDNF† that would run through an extremely thin through the body into the putamen. This experiment gave very positive results, with a general improvement in the health of the five patients that were treated in this trial. This was a very well written article; everything was very well explained, simple and easy to read. This article is very important because there are many people that are affected by this disease. One person that is well known with Parkinson’s is... Free Essays on Could Parkinsons Have A Cure Free Essays on Could Parkinsons Have A Cure Could there be a Cure for Parkinson’s The article by Nicholas Wade, â€Å"Promising Results Are Seen in Small Parkinson’s Trial†, has a very good explanation on a new experiment tried on five patients to attempt to alleviate the symptoms of Parkinson’s disease. Parkinson’s disease is a disease that kills neurons that produce dopamine, a nerve-to-nerve messenger. This disease results in bad control of muscles and movements, tremors, spells of rigidity, and even loss of smell and/or taste. For many years doctors have been trying to develop a substance that would counter act the depletion of dopamine in the brain. One of the supplements they came up with was L-dopa, which works very well but with time its effectiveness decreases. Physicians have tried implanting dopamine-making cells taken from fetuses, but this experiment produced negative results. Then doctors found that it was a hormone that would promote the making of these cells. In past trials thus hormone was injected into the fluid filled in the center of the brain, but this trial resulted in no positive results because the hormone was too large to migrate to where it needed to go in the brain. From this experience Dr. Gill and Dr. Svendsen decided that GDNF should be placed in the part of the patients brain with the largest deficiency in dopamine. This experiment involves the implantation of small battery operated pumps in the patient’s abdomen. The pump would deliver a â€Å"steady trickle of GDNF† that would run through an extremely thin through the body into the putamen. This experiment gave very positive results, with a general improvement in the health of the five patients that were treated in this trial. This was a very well written article; everything was very well explained, simple and easy to read. This article is very important because there are many people that are affected by this disease. One person that is well known with Parkinson’s is...

7 Ways to Kick Start the Writing Habit

7 Ways to Kick Start the Writing Habit 7 Ways to Kick Start the Writing Habit 7 Ways to Kick Start the Writing Habit By Daniel Scocco Sometime ago I came across an interesting post on Freelance Folder outlining seven ways to get your creative juices flowing. If you have been writing for a while, you know that getting out of the occasional writers block is a challenging task. Below you will find the seven tips, I am pretty sure they will be useful. Write nothing but headlines Write ‘crap’ without feeling guilty Schedule regular time and show up, even if you think you can’t write Write about how you solved a problem Edit older articles Type out other people’s articles Write something right now If you want more tips we have also covered this topic in the past, check out: How to Bypass Your Internal Editor Write Super Fast How to Start Writing When You Don’t Feel Like It Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Writing Basics category, check our popular posts, or choose a related post below:7 Types of Narrative Conflict20 Rules About Subject-Verb AgreementWords Often Misspelled Because of Double Letters

Learning Activity #1 Assignment Example | Topics and Well Written Essays - 500 words

Learning Activity #1 - Assignment Example The study designed an interpretive phenomenological study on the influences of AD-prepared nurses returning to school in search of a BDN or higher degree in Nursing (Orsolini-Hain, 2012). Thus, data was collected from a target population of AD-prepared nurses, from 2006-2008. Therefore, a sample of 22 AD-prepared nurses without a BDN or bachelors degree was used. These nurses responded to fliers and were compensated for participation by the study. All of the participants had been in practice for about 10 years. However, the nurses had varied years of experience. As a result, the mean amount of experience was 19.5 years. The ages of the participants ranged from 36-64 with the mean age being 48 years. The nurses were sampled from different genders and ethnic backgrounds. The main method of data collection utilized by the study was interviewing. It is imperative to note that the objectives of the study would not be fully realized through the use of a static interview tool. As a result, a dynamic interview tool was employed by the study. Thus, AD-prepared nurses were engaged in an interpretive phenomenological study with regard to their willingness to return to school to obtain higher degrees in nursing (Orsolini-Hain, 2012). As a result, participants filled out a demographic tool and interviews lasting one hour were also conducted. These interviews were digitally recorded and transcribed. The interview process involved the administration of a pilot study followed by other structured studies that resulted from the pilot study. Thus, multiple interviews were employed in understanding the AD-prepared nurses’ perspectives on their willingness to go back to school for further education programs. Since this was a qualitative study, no intervention w as tested. In my experience, I have been a RN for only 4 years following my recent graduation. Therefore, these findings give the necessary encouragement of furthering my

Company law Case Study Example | Topics and Well Written Essays - 2250 words

Company law - Case Study Example tors of Made in Wales (MIW) of refusing to buy the land only for them to allow Lisa to buy the land and then resell it to the firm at a much high profit margin, the officers are liable and the firm as a whole was liable. However, considering that the person who is suing the firm one of the shareholders, the liability in this case will not be on the firm but the directors. However, since Derek was not directly involved and he had not been attending board meetings, he may be exempt from this. Derek was not officially aware of this transaction and therefore from a legal point of view, he is not at default. Part (b) of section 82 also outlines that a person guilty of such an offence is can be prosecuted and given the punishment hat is in line with his or her offence. However, it also provides that for continued contravention, a daily default fine may apply. However, even though Derek had not attended any meeting, and was not involved in the transactions that led to MIW being in trouble, he still bears some responsibility as a director. In Re Hydrodam (Corby) Ltd [1994] 2 BCLC 180, the court made a decision, which showed what a shadow director is. This could be useful a court of law to implicate him. Section 197 outlines that for a company to give loans it requires members approval (Van Duzer, 2007). Subsection 1 of this section outlines that company may not (a) make a loan to a director or (b) give a collateral or provide security for a loan given to any of its directors director by any person or party. The section however gives an exception such as when such a transaction when the shareholders of the company have given an approval by a resolution. Section 209 however outlines that for money-lending companies, such an approval does not have to be there as long as the loan is through the correct procedure that would be in place when giving a loan to any other customer. In such a case, the do require would not be getting the loan or the security to a loan as a director