How has sept. 11th effected the economy in the united states Essay

How has sept. 11th effected the economy in the united states - Essay Example It is hardly possible to meet the person who is unaware about the events of September 11. Thousands of people became victims of the biggest terrorist attack in the history of United States. The single day has changed the life of Americans, their perception of security and human dignity. The attack was well planned and confidently carried out, it was impossible to foresee this tragedy. Or was it? Four years have passed since that time but the world is still talking about it. One of the major outcomes of September 11 has become the closer examination of visitors to United States. The concept of racial profiling has become an inevitable part of national security. Nevertheless, is it reasonable to label the whole Arabian world as potentially dangerous because of the action of several individuals? When the American nation has managed to overcome the terror, the cardinal actions had to take place. Among the first initiatives was to use racial profiling in screening out the potentially dangerous immigrants and visitors to the country. Of course, the Arabs have become number one suspects and were closely examined. Was this targeted screening justified or was only the way to hide discriminatory attitude towards Arabian nation? Most likely, American government was not ready for attack of such level and racial profiling was the only effective way to prevent further attack. However, some of the actions are hard to explain and understand. For example, prior to September 11 Americans have rejected racial profiling, but since that day the public opinion has reversed. More than 1000 Arabs and Arab Americans (those who were born and lived all their lives in United States) were detained even though not a single of them has been charged with any formal offense (Davis, N., 2001). Students were kindly invited to visit their Arabian families in native countries with the hope that they will never return to United

Invitation meeting Essay Example for Free

Invitation meeting Essay Boston global is a company that has provided outsourced resources services for fortune 500 companies. The companies have been able to solve their problems through our advice. We are the industry leaders in taking care of our employees in terms of their compensation insurance and disability insurance coverage. Your company has recently experienced numerous human resource problems. This may be due to the expansion that you are undergoing. Your company is growing fast and needs to grown in human resource services too. I also understand that your company does not have the in – house expertise to quickly establish the human resource and the procedures needed within a larger, publicly traded organization. It is important for every company to have a human resource department with qualified employees that look into the welfare of its employees. I was wondering whether your company has ever considered worker’s compensation disability exposure. It is for these reasons that my company would kindly like to ask you to set up a meeting with us I order to discuss the problems you are currently facing and the services that our company offers. We are hopeful that we will enter into a contract with you for these services so that you company can continue growing.

The History Of The Leadership Theory History Essay

The History Of The Leadership Theory History Essay Leadership can be defined as a persons ability to let others willing to follow leadership. Every organization needs leaders at all levels. Leaders can be found and nurtured if you look at the following character traits. Visionary leader has a clear, vivid picture of where to go, and firmly grasp that looks like what is success and how to achieve it. But it is not enough to have a vision; leaders also must be shared and put into practice. Jack Welch, the former chairman and chief executive officer of General Electric Company, said, Good business leaders create a vision, a clear vision, passion, vision and relentlessly drive it through. (Investing Value) The leader must be able to communicate, buy its followers in his or her vision. He or she must communicate clearly and enthusiasm, passion is contagious. Besides that, a good leader must have the discipline and single-minded in his or her vision, as well as to guide his or her actions, and to the goals of the team. The action is a sign of the leader. A leader does not suffer analysis paralysis, but the thing to do is always in pursuit of the vision, inspire others to do the same. The simplest definition for leadership is a leader having followers. According to Keith Grint, leadership is not simply to delineate a space in a language game, and it is not merely a game of sophistry; indeed, we dont need to agree on the definition but we need to be able to understand each others position so as to make sense of each others arguments (Grint, 2010). A good leader will lead the organization to a better future and also provide benefits to society. The characteristics of a leader also important because it may affect the society when the leader became the role model of the world. Peoples will practice what the leader done to become the way success. Objectives To learn more about those succeed leadership To identified the way of the leaders succeed To compare the similarity and the difference between those leaders To understand the characteristics of each leader Research methodology During this assignment, most of my information came from internet and also refers from some reference book to get more details to support what I need to do. Literature review The simplest definition for leadership is a leader having followers. According to Keith Grint, leadership is not simply to delineate a space in a language game, and it is not merely a game of sophistry; indeed, we dont need to agree on the definition but we need to be able to understand each others position so as to make sense of each others arguments (Grint, 2010). Leadership ability, which means that the leader has the ability to do something through talent and technology (Smith, 2010). Talent is natural and technical capabilities through training and experience. Talent is certainly helpful, but not required. I know many people are born with leadership close to zero, but become great leaders through training, experience, and most importantly, persistence (Smith, 2010). Good leadership is critical to a successful school. Success comes from aiming high with the clear vision, ethos and communication that good leadership brings. We will act to support high quality school leadership and inspired ambitious school communities. (Ambitious, Excellent Schools Our Agenda for Action, Scottish Executive, 2004, p5) Even more recently, it is not an isolated activity, investment in a person, but all kinds of people, and contributes to the leadership of effective leadership, leadership distribution. If this happens, then the leadership willing to go beyond the individual management training, the need to obtain a wider development team leadership: leadership skills, how to develop? The new qualification is called the National Professional Qualification in Integrated Centre Leadership (National College for School Leadership, 2005): It is acknowledged that the early leadership with distinctive emphases, especially in the development of integrated services and hybrid models of the staff continue to be a feature of the early childhood work. One view was that the leadership is personal qualities, therefore, the single leadership role, the concept of competition and power of the built-in (Thornton, 2005) does not sit easily with the cooperation of the way early childhood education practice basis. Early years before school services are often non-hierarchical, and the majority of women workers (Ebbeck and Waniganayake, 2003; Rodd, 2005). Fairly flat structure means, assigned leadership models are often enough to be the priority in the early childhood setting, although in pen green (Pen Green, 2005) asserts that if we transform the life chances of children can only be completed by the far-sighted leadership. Early childhood sector continues to grow; we are now the majority of families use of pre-school education (Scottish Executive, 2004a). These different settings often have a different concept, structure and quality assurance of various models: Muijs et al (2004) report that they are inspected by different bodies. Solly (2003) conducted a study finds that there is regarded as a leader in setting the differences in the various types of child care. Pre-school, primary school, private and voluntary settings, respondents believe that a single leader, but a formal leadership kindergarten celebration and centers of excellence provide a broader interpretation. Early education to clarify their leadership, according to a different set, they are based. For example, Osgood reported that private sector providers are easier to apply business principles, a set of management and volunteer management department set less comfortable with entrepreneurship agenda (Osgood, 2004). Management kindergartens tend to have a collaborative leadership and community-centered way, jeopardize the gains for fear of competition (Osgood, 2004). The leader sex may be a way, in addition to the education sector leadership in early childhood. Rhoda (2005), women determine the concept and need to be led by the question: What kind of leadership could mean that early childhood services, they may lack of understanding. Involving sets (Dunlop, 2005), the relationship between the concept of leadership in the department, has more in common with early childhood education teaching method than the traditional business philosophy, leadership. There is a view that the different leadership styles of men and women leaders: Recent research has provided no evidence to support this (Muijs). However, Solly (2003) found that the majority of early childhood leaders, in his study that the difference between the department and other leadership styles. A social constructivist mode of learning often early years, advocates, Solly found that leaders of early childhood education itself active learning tendency to make others. The participants felt that the advantage of their own propaganda, inspiration, enthusiasm, and spirit, are lifelong learners and teamwork (Solly, 2003). In my opinion, I do agree that some leader was born to be but most of them were made. Nobody will be the perfect one but after trained, most of the attitude will bring up after training to become a leader. Finding The leaders that I choose for my assignment is the co-founders of Amway Richard Devos and Jay Van Andel, and the chairman of Shangri-La Hotels and Resorts chain Robert Kuok Hock Nien. Background Richard Devos Mr. Richard M. DeVos, the rich is the co-founder of the Amway Corporation, and served as vice president. Rich DeVos met a founding partner of Amway Corporation, the lifetime friend Jay Van Andel in high school Houdiweishi willing to pay 25 cents a week, bike to school. In 1949, Mr. DeVos formation of JA-RI, and began selling the product direct sales basis. In 1959, he founded Amway Corporation (short form as American Way) and Van Andel and start selling to friends, family, and door-purpose cleaner. DeVos to step down in 1993, Doug, his son took over as president of the company. In October 2000, Amway has been one of four subsidiaries of a new holding company, Alticor, Access Business Group LLC, a provider of business services, and Jetstar operations in North America, based on the Web three sister companies: Access Business Group LLC., a business services provider, and Quixtar Inc., a Web-based business in North America. He served as the founding chairman of the National Organization on Disability. He is the Chairman of the National Basketball Association. He served as chairman of the Direct Selling Association. He served as a director and founder of the company Alticor. Amway Chairman of the Foundation for the Protection of the Environment, he served as a board member of the National Organization on Disability, the Board of Directors, Gerald R Ford Foundation: Member, Board of Directors, the governor of Florida; Northwood University the Council freedom trustee: an honorary member of the Committee, DeVos Childrens Hospital; researcher, the worlds scholarship at Duke University, Edinburgh Award, Newcomen Society: Board of Directors of the past, the spectrum of health; container president, before the fiscal Chairman of the National Policy Committee, the Republican National Committee, the Chairman of the Committee of AIDS past members. He was in the U.S. Air Force 1944-1946. A well-known speaker, Mr. DeVos has appeared around the world hundreds of thousands of people. Recorded lectures, sales to the United States, free economy Education Foundation, the Alexander Hamilton Award, he wrote three books: believe, compassionate capitalism, and I sincerely hope that ten lessons in life and I really hope, 10 lessons of 71-year-old, his heart transplant, and provide such perseverance, confidence, confidence, respect and faith, life, life-changing experience. September 1991, Mr. DeVos and his family obtained the National Basketball Association, the Orlando Magic franchise he received numerous awards and honors, including: Davenport University Outstanding Business Award 2000: We can make a difference to pay tribute to the life Award in 1999 from West Michigan, the government hopes, Humanitarian Award, in 1999, the American Spirit Award, the Republican House of Representatives and the Senate in the 1998 Junior Achievement National Business Hall of Fame in 1998. Professor Horatio Alger in 1996 Horatio Alger Award, Edison Award in 1994 by the American associate professor of marketing: a year in the Adam Smith Free Enterprise Award from the American Legislative Exchange Council 1993: Donald J. Potter Humanitarian Award by the YMCA Heritage Club Grand Rapids, Michigan in 1993, the social responsibility of entrepreneurs year 1992, the annual implementation, sales and marketing, University of Arizona, 1991: William Booth Award Salvation Army in 1990, appointed by the competent international school achievement Charter in 1990, the United Nations Environment Programme Achievement Award of the organization, to accept on behalf of Amway in 1989, Napoleon Hill Gold Medal Corporate Achievement Award in 1989, greatly Grand Rapids business hall of fame in the 1989 Entrepreneur of the Year in 1988, the University of Missouri, 1979 Direct Marketing Association Hall of Fame Award, Outstanding Management Award, Industry Week, freedom of speech, Thomas Jeffer son Award, Kiwanis: American Enterprise award-winning senior management of National Association ; can accommodate 10 honorary doctorate degrees different colleges and universities throughout the country, and honor due to OMICRON Delta Kappa, the national leadership of the association. In April 1998, his family through the RDV sports was named WNBA franchise the right International in Orlando Miracle Mr. DeVos and his family have Orlando Sun Bear Hockey League. He is a Grand Rapids Christian high school graduates and participants Calvin College in Grand Rapids. Today the company, now operated by Alticor in 2000 after the reorganization under the umbrella of the revenue of $ 10.9 billion, 17% in 2011, the 11th time in 12 years the company has recorded an increase in sales. DeVos also owns the Orlando Magic. He built a new arena for the team at the Amway Arena in 2010, $ 480 million. Jay Van Andel June 3, 1924, was born in Grand Rapids, Michigan, died of Parkinsons disease, December 7, 2004, in Ada, MI. Entrepreneurs. Van Andel has become a pilgrimage site belong to evangelical Protestant denominations, Christian Reformed Church Dutch immigrants. Christian high school in the city, the Van Andel and DeVos, began his flight school after returning to service in the Army Air Corps during World War II. They opened a restaurant in the hard butter hamburger fry recipe from their mother, but later sold to the two companies, and buy a Caribbean cruise. They plan to start a business seagoing, but they returned to Cuba and Grand Rapids near the ship was damaged. Amway co-founder Jay Van Andel, grown into one of the most impressive and controversial success story in the U.S. business. Van Andel architect Amway attractive direct marketing strategy, through personal contact network sales of consumer goods, but the company from consumer watchdog groups, sometimes attracted unfavorable attention. Along with the long-term business partner Richard DeVos and Van Andel is the most prominent business leaders in a Michigan Republican and conservative political causes and generous contributions. Van Andel and DeVos business, import and export called Nutrilite supplement manufacturers. Use what they have learned, from the sale of your friends and family, they founded Amway in the basement of the family Van Andel in 1959 LOC, full-featured household cleaners. Their company name to American way, and relies on a multi-level marketing scheme. New sales recruits will buy the goods and the price tag as an independent distributor for sale to others. However, the key to success is to recruit other people to join the team to grow sales, independent distributors will receive a percentage of the profits from sales of their recruits; returns. Van Andel wrote all sales and marketing materials in the early stages of Amway expanded to include self-help books and tapes incentives. Also to be sold to independent distributors of new recruits and various brands of Amway products gradually extended to almost all consumer goods, from soap to vitamins. Amway basic knowledge of free enterprise, and motivate the sales mix is à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹not without its critics, and some are not satisfied with the members who claim that the company is what is essentially a large-scale fraud. It was investigated by the U.S. Federal Trade Commission for several years, but the founder is connected to the Grand Rapids birth Republicans will go to the White House in 1974, Gerald Ford, to help it to avoid further investigation. Amway cannot escape investigation, however, making a false report tax evasion charges brought in 1983 by the Government of Canada through the United States and Canada boundary value goods. Amway paid a fine of $ 58000000, which is the largest ever imposed on Canadian history. Amway was an international context and a large number of members in China and other Asian countries during the 1990s. The company eventually changed its name to Alticor, is considered worth $ $ 62000000000 in 2004. Van Andel retired in 1995, will no longer serve as Chairman of the Company, and continue to be involved in philanthropy. He and DeVos generously to various city cultural institutions Grand Rapids, in various projects, bear the name of Van Andel Van Andel Institute, dedicated to education and medical research. He also funded a plant in Arizona, hoping to prove through scientific methods, that the world is the highest in six days, the Christian Bible. He is also an enthusiastic donor to Republican coffers and donated $ 2000000 in the presidential campaign in 2004, the United States, resulting in a series of television commercials, questioned the value of the Democratic Party, the White House is hoping John Kerry (John Kerry) the development and experience of the organization . Big Rapids Hoekstra married Betty Van Andel in 1952, he had four children. He owns a private island, and later years, Van Andel died in January 2004 in the British Virgin Islands family where he spent his last few weeks, too. He returned to Michigan and December 7, 2004, aged 80, after suffering from Parkinsons disease for several years, died at his home in Ada, Michigan. He is survived by his son, Steve, and Dave, his daughter Nan and spines, and ten grandchildren. Forbes estimated his personal wealth at $ 29 billion. For me, the biggest source of pleasure rather than the acquisition of material things are endless, but to create wealth, give up, he wrote in his autobiography of 1998, a proactive life, according to Uncle Adam. Mr. Sitan in the Washington Post. The job of everyone on this planet is the ultimate glory of God. Van Andel died in 2004 at age 80 due to heart failure. Robert Kuok Hock Nien Robert Kuok was born on October 6, 1923, in Johor Bahru and his three brothers, youngest. He is an influential member of the Malaysian Chinese business. According to Forbes magazine estimated his net worth is about $ 90 billion, which makes him the richest man in Southeast Asia. In addition to a large number of enterprises in Malaysia, his companies have investments in many countries in Asia. His business interests consist of sugar cane plantations (Perlis Plantations Bhd), sugar refining, flour milling, animal feed, oil and mining to finance, hotels, real estate, trade and transport (International Shipping Corporation, Transmile Group) and publications. Just like Boon Siew and Lim Goh Tong, who emigrated from China, Kuoks father arrived in Malaya from Fujian, China in the early 20th century. And unlike the late Boon Siew and Goh Tong, Kuok is an educated rich man (Unknown, 2010). He received his early education in English schools and then enrolled into Raffles College in Singapore, with Lee Kuan Yew as one of the classmates. He had a short stint working with Japanese companies, Mitsubishi after studies at Raffles was stopped because the invasion of Japan, before helping his father with the trade business. After the death of his father, Kuok and his two brothers have decided to continue the legacy business, starting with the distribution of sugar and some other commodities under the new post-colonial government (Ikhwan, 2011). Business skills they have picked up from their father, who is an avid trader. In 1961, he made a coup by buying cheap sugar from India before the price goes up. Kuok massive involvement in the sugar industry allows the company to be a supplier of open government and Kuok sugar refinery plant to grow again. At the height of his business, he has control of 80% of the Malaysian sugar market with production of 1.5 million tons, equivalent to 10% of the global export market, and so earned his nickname Sugar King of Asia. Encouraged by the success of his sugar business, Kuok has fastened his growing business into flour milling, shipping, logistics, oil and gas and hotel. His resurrections to success are fame and famous due to both his expertise in spotting opportunities and strong network with great people, corporations and governments. In 1971, he built the first Shangri-La Hotel in Singapore. His foray into Hong Kong property is in 1977, when he acquired a new piece of land reclaimed Tsim Sha Tsui East waterfront, where he built a second hotel, the Kowloon Shangri-La. Kuok controls the Shangri-La hotel chain and is the largest shareholder of Transmile Group Berhad, which is engaged in accounting irregularities scandal in 2007, the stock price goes down. In addition, he took Kerry Group a 34.9% interest in the South China Morning Post from Murdochs News Corporation in 1993. He said his hotel check every now and then to ensure that staff provides the highest quality service. There are times when he in vited the taxi driver for a free lunch at the hotels cafe. Kuok is considered a man of truth when dealing with people, including employees. There are stories Kuok sought permission from cabin crew to smoke in an airplane he owns. When the crew told him that he would not have to ask anyone, he responded by saying that he was only asked in a normal passenger capacity. His company has investments in many countries, including Singapore, Thailand, China, Indonesia, and Australia. Business in China includes 10 bottling companies Coca Cola, ownership of the World Trade Centre Beijing. Confirmed his political influence he was named by one of the childs future advisor Hong Kong in the run up to the transfer of sovereignty of Hong Kong, and minority interests in CITIC Pacific. He also played an important role in disseminating information and set up a meeting between Malaysia and China governments leading to full diplomatic cross recognition between the two countries. Kuok has married twice and has eight children. He officially retired from the Kerry Group on 1 April, 1993. Now, Kuok Khoon Ean, one of the sons of Robert, handles mo st of the day-to-day operations of the business. He was living in Hong Kong at this time. Kuok Group started business as Kuok Brothers Limited in the year 1949 in Johor Bahru, Malaysia, trading rice, sugar and wheat flour. Business activity expanded in 1953 with the opening of the Singapore Branch, Kuok (Singapore) Limited. From a humble beginning, the Kuok Group has grown to become one of the most diverse multinational conglomerate and dynamic in Asia. Driving force behind the growth of the Group is Kuok family, whose vision and commitment to hard work and excellence for more than two generations have made à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹Kuok Group market leader in many areas. From the beginning of its operations, the Group has set forth the basic values à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹of integrity, loyalty and discipline. These values à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹have served as the basis for achievement during the past 46 years. From a trading post established in Malaysia and Singapore, the Group has expanded its operations in the 1950s and 1960s to Thailand and Indonesia. It focuses on the activities of ancillary and related to growth, and also pursued new business and trade opportunities, particularly in commodities, resulting in a trading relationship with companies in Hamburg, Paris, London and New York. Hong Kong and China become the focus of further development in the region in 1980 after a group of senior man agers 1970sand established Kerry Holdings Limited in Hong Kong in 1974. The name Kerry has become identified with the Kuok Groups extensive operations in Hong Kong and China. The Group has built a management team with great depth and breadth of experience and knowledge. The team continues to focus on herself for the Groups business expansion, particularly in emerging markets in Asia, in areas that complement the Groups business, especially in emerging markets in Asia, in areas that complement the Groups interests and expertise. Central to its future growth is a commitment to maintain the values à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹that lie at the heart of the Kuok Groups success. To spend money is to earn money.If the food in the staff canteen is good, the food in the hotel is good. (Quotes from Robert Kuok) Company profile Amway (Amway) People helping people, people live better life. Amway is one of the worlds largest direct selling businesses powered by: Brands That Do Wonders Opportunities That Empower Relationships That Endure Global Citizenship Thats Purposeful Amway is above all a family company. Steve Van Andel and Doug DeVos lead a diverse global management team that supports distributors and their goals. Jay Van Andel, said of the company, AMWAY gets people into a new life of excitement, promise, profit, and hope. AMWAY now operates in over 80 countries and territories around the world. For over 50 years, Amway continue to build on the original values and principles established by our founders to ensure the passion for the business stays alive.    Freedom Personal opportunity and economic opportunity go hand in hand. With AMWAY you have the freedom to change your life by owning your own business. Family We all need family to cheer us on. We are all members of the global Amway family we respect and take care of each other to foster success. Hope Inspiring you to dream bigger. Amway creates an environment where hope can thrive. Reward Happiness is best achieved through earned success. Amway rewards what you achieve, and also what you help others achieve. Vision and values We work each and every day to help people live better lives. We achieve our vision by helping people everywhere discover their potential and achieve their goals by offering better brands and opportunities for the future, and by sharing generously with the global community. To help us realize our vision, we have six enduring values that the business has been built on. Said co-founders of Amway. Partnership AMWAY is built on the concept of partnership between the co-founders. The partnership that exists among the founding families, employees, and business owners is our most prized possession. We always try to do what is in the long-term best interest of our partners, in a manner that increases trust and confidence.    Integrity Integrity is essential to our business success. We do what is right, not just whatever works. AMWAYs success is measured not only in economic terms, but by the respect, trust and credibility.    Personal Worth We also acknowledge the uniqueness created in each individual. Every person is worthy of respect, and deserves fair treatment and the opportunity to succeed to the fullest extent of his or her potential.    Achievement We are builders and encouragers. We strive for excellence in all we do. Our focus is on continuous improvement, progress and achievement of individual and group goals. We anticipate change, respond swiftly to it, take action to get the job done, and gain from our experiences. We encourage creativity and innovation.    Personal Responsibility Each individual is responsible and accountable for achieving personal goals, as well as giving 100 percent effort in helping achieve corporate or team goals. By helping people help themselves, we further the potential for individual and shared success. We also have a responsibility to be good citizens in the communities where we live and work. Free Enterprise We are proud advocates of freedom and free enterprise. Human economic advancement is clearly proven to be best achieved in a free market economy.5.2.2 Shangri-La Hotels and Resort Chain (Shangri-La Hotels and Resorts) The Shangri-La story began in 1971 with their first deluxe hotel in Singapore. Inspired by the legendary land featured in James Hiltons 1933 novel, Lost Horizon, the name Shangri-La encapsulates the serenity and service for which of their hotels and resorts are renowned worldwide. Today, Hong Kong-based Shangri-La Hotels and Resorts is Asia Pacifics leading luxury hotel group, Shangri-La Hotels Group are also regarded as one of the worlds finest hotel ownership and management companies. With 75 hotels and resorts throughout Asia Pacific, North America, the Middle East, and Europe, the Shangri-La group has a room inventory of over 30,000. In addition, new hotels are under development in mainland China, India, Malaysia, Mongolia, Philippines, Qatar, Sri Lanka, Turkey and United Kingdom. The Shangri-La S logo, which resembles uniquely Asian architectural forms, suggests majestic mountains reflected in the waters of a tranquil lake. Shangri-La Hotels are five-star luxury hotels located in premier city addresses across Asia, Middle East, North America and Europe. To treat a stranger as one of our own characterizes the hospitality one can expect from Shangri-La. Discerning travelers will enjoy world-class service amidst tranquil surroundings, coupled with inspirational architecture and design. The finest dining experiences at every hotel and resort ensure that every palate is pampered. But what makes each stay truly memorable is something even more exquisite and rare Shangri-Las special kind of hospitality. Hospitality from the heart. Shangri-La Asia Ltd. is the Asias leading luxury hotel and the fastest growing group. The company, part of Malaysias Kuok Group, operates 45 hotels across Asia. In2005, the company also started to drive to the markets of Europe and North America, including the launch of the construction of the first hotel in Europe, in London, is expected to be completed in 2009. The company also opened its first hotel in the Middle East, in Dubai, and the Maldives. Mainland China, however, form the heart of the empire, with more than 20 hotels in operation, and at least 15 more are expected to open before 2010.Shangri-La is unusual among international hotel companies that it owns the bulk of its hotel. So, the hotels under management are not fully owned by the group, most of which are owned by other companies Kuok Group, and especially by the major shareholders own Shangri-La, Kerry Properties Ltd. Shangri-La hotel mainly operates under the luxury, the five-star Shangri-La brand. The company also op erates a small number of mid-range business-oriented hotel Traders. Listed in Hong Kong and the Stock Exchange of Singapore, Shangri-La remains a small part of the Kuoks business empire. However, founder Robert Kuok holds an active interest in the group, and has expressed his desire to see Shangri-La achieve 100 hotels in life. In 2004, the company recorded revenues of $ 726 million. Inspired by the legendary land featured in James Hilton novel Lost Horizon published in 1933, the name Shangri-La include relaxation and services Shangri-La is renowned worldwide. The group has two brands of Shangri-La and Traders hotels. Shangri-La properties are particularly luxurious five star city centre and resort hotels with the majority of city centre hotel has over 500 guest rooms, while the resort properties tend to be a little smaller. Shangri-La tradition of service excellence begins with the opening of Shangri-La Hotel, Singapore in 1971. These 15 acres of landscaped gardens, the rooms are beautiful and gracious Asian style set a new standard for excellence in the hotel, which to this day continues to guide the design characteristics of the group. Training is a priority Shang ri-La and important source provided annually to ensure employees have the skills and knowledge to be the best in their respective fields. This has earned awards and recognition from the international group of guests, prestigious magazines as well as industry partners and made à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹Shangri-La hotel one of the employer of choice, with more than 30,000 people serving guests with a philosophy of Shangri-La Hospitality from Caring People. Since its origin, the group has grown rapidly to meet the growing demand for deluxe hotels and resorts in Asia Pacific and the capital of the most sought after leisure destinations. Today, there are 65 properties, which are only 18 third-party management agreements, across Asia-Pacific, North America and the Middle East, representing a rooms inventory of over 28,000. In addition, there are over 40 projects under development, including the location in Austria, Canada, mainland China, France, India, Macau, Malaysia, Philippines, Qatar, Russia, Seychelles, United Kingdom and United States. Shangri-La also operates its own dedicated sales and marketing office in Hong Kong, Beijing, Shanghai, Guangzhou, Singapore, Tokyo, London, Los Angeles, New York, Sydney, and Dubai. The group was linked to 30 frequent flyer p

Money Supply and Inflation Essay -- Economy, Macroeconomics

Money Supply plays an important role in macroeconomic analysis, especially in selecting an appropriate monetary and fiscal policy. Considerably, I am yet to come across theoretical work that has been done on this topic (analysis money supply and its impact on other variable i.e. inflation, interest rate, real GDP and nominal GDP). However some other topics similar to this one have been done by AL-SHARKAS, Adel, where he uses the same technique and models on the topic ‘out put response to shocks to interest rate, inflation and stock returns. His work investigates the relationship between the Jordanian output and other macroeconomics variables such as inflation, interest rate and stock returns. His paper employs the VAR approach method of Lee (1992) to analyze the relation and dynamic interaction among variables. The IRF and the FEVD from the VAR model are computed in order to investigate interrelationships within the system. The empirical results indicate that Interest rate and inflation are weakly negatively correlated and real stock returns and inflation is very weakly positively correlated for all leads and lags are negatively associated. Furthermore, the response of output (IPG) to shocks in stock returns (R1) is strongly positive up to the first 6 periods and after which the effect almost dies. This indicates that the relationship between stocks returns (R1) and real activity (IPG) is positive and inflation has a negative impact on IPG (Adel A. Al-Sharkas 2004). MONEY SUPPLY GROWTH AND MACROECONOMIC CONVERGENCE IN ECOWAS by WEST AFRICAN MONETARY AGENCY (WAMA) is a writes up similar to this topic. Where the relationship between money supply major macroeconomic indicator where investigated for countries in West Africa includi... ...mploys the VAR approach method of Lee (1992) to analyze the relation and dynamic interaction among variables. The IRF and the FEVD from the VAR model are computed in order to investigate interrelationships between money supply shocks and inflation the system. the empirical relations based on the VAR test conducted for the period 1990 to 2009 show that, Money supply and inflation are weakly positively correlated, Money supply and interest rates are very weakly and negatively correlated, Money supply and real GDP are strongly positively correlated, Money supply and nominal GDP are very strongly negatively correlated. Furthermore, the response of inflation to shocks in money supply is very weakly positive or has no effect since it is constant through out. This indicates that the relationship between money supply and inflation is not too significant.

To what extent do organizations challenge the nation state’s ability to shape domestic economic and social policy?

To what extent do organizations like the IMF, WTO, and World Bank challenge the nation state’s ability to shape domestic economic and social policy? This should not be a paper about the history of these organizations. The International Monetary Fund (IMF), the World Bank, and the General Agreements on Trades and Tariffs(GATT), which turn into the World Trade Organization(WTO), are the main organizations that deal with the stability of the global economy.They have done this but promoting trade, issuing loans to countries in economic trouble and allowing international investing. The problem that has arisen from these organizations is that they have sacrificed the domestic economy of many countries in order to support their global agenda. A quick over view of how the WTO, IMF and the World Bank started and operate. Post World War II, many countries looked to rebuild the financial structure of the global economy without losing their power in the economy. The three organizations ea ch share a common goal of international policies.The IMF was created to maintain global monetary cooperation and stability by making loans to countries with balance of payment problems, stabilizing exchange rates and stimulating growth and employment, the WTO deals with international trade, both formalizing trade and settling disputes between countries, and the World Bank has steadily increased its original mandate of providing long term loans for reconstruction, to funding multimillion dollar infrastructure projects in developing countries. These individual organizations have come under much scrutiny for their involvement in the international economy.They have been accused of negatively affecting the economies of its participating countries instead of helping. Many policies set forth by these groups have shown a drastic change in the growth of the domestic economy and social policies. These policies mostly affect less developed countries’ economies since the IMF and the Worl d Bank are control by few, wealthy nations like the â€Å"Big Five†(U. S. , UK, Germany, Japan, and France) who look to remain the controlling powers in the global economy. The reason for this uneven voting power is because the IMF and World Bank are set up so that the voting power is distributed by thefinancial strength of countries. Unlike the IMF and World Bank, the WTO does in fact have equal voting power through its participating members. Less developed countries do not have the resources and government power, like these more developed countries. So even with the equal voting power, these less developed countries still fall victim to these more developed countries. The IMF, World Bank and WTO are often interconnecting because how they each contribute to international policies. For example, a country that is looking to increase its domestic economy will turn to the World Bank for a loan in order to invest in a project.More often than not, these project result in more debt for this country than profit. By putting themselves in a bigger financial hole, this country must now turn towards the IMF in order to keep them from becoming bankrupt. Before the IMF issues a loan, this country must agree to certain conditions that often require economy policies to be adjusted. These conditions allow for foreign corporations to invest and control the economy of this country. The WTO joins in by maintaining trade agreements set up by them.â€Å"The WTO has the authority to prevent, overrule, or dilute and laws of any nation deemed to burden the investment and market prerogative of transnational corporations. † (ROTHENBERG pg 450) This allows for the WTO to maintain its control over this country. The major factor in this process is the IMF’s terms and conditions that they require from their participating members. These conditions are greatly detrimental to the domestic economy of these countries because once these conditions are satisfied, these countr ies are now left powerless and unable to grow internally.These terms include cutting social spending and the national budget, increasing interest rates, dismantle regulations international investing and ownership of public businesses, eliminating tariffs, cut and redirect subsides certain goods, and decrease government power. This type of â€Å"structural adjustment is conducive to a form of â€Å"economic genocide† which is carried out through the conscious and deliberate manipulation of market forces. †(ROTHENBERG pg. 455) First, the cutting of social spending and the national budget affect the domestic economies and social policies in quite a few ways. Cutting socialspending has a very obvious affect on the social policies by taking money away from health care, education, military, ect.. The national debt, on the other hand, allows the IMF and World Bank to reduce the amount of money in the domestic economy, which in turn forces countries to have to take out loans f rom these groups. These loans that are taken are often too hard to repay. This in a way creates a paradox between these organizations and the people they are trying to help. They make it so that poorer nations need to take receive help from the IMF, but by taking their help they inevitably put themselves in more debt and economic turmoil.One of the big ways the domestic economy and social policies are being challenged is the dismantling of foreign ownership and international investing. This creates a huge uphill battle for the local enterprises. By getting rid of these regulations, the IMF allows foreign investor to control the economy and run local companies out of business as well as control many of the public sectors of the economy, like healthcare or education. With public sectors of an economy now controlled by an outside investor, the domestic economies are not only at risk but the social policies are also subject to much change.Increase in interest rates is a direct result of tightening monetary policies. This has made domestic borrowing very hard. For example, many smaller and poorer famers must fight for the little money available. And because they are small and poor, they lack the collateral and are a high risk so when they borrow money they are subject to interest rates of 50 to 400 percent. â€Å"Rice traders generally provide loans for production inputs and then extract small farmers to lose their mortgage land.With an increasing number of landless laborers in the countryside, real rural wagers and income have declined, and the incidence of starvation has doubled since 1985. The latest figures indicate that approximately 75 percent of rural households live in abject poverty. † (Danaher pg. 65) By eliminating tariffs, taxes are not being applied to international companies. This gives these companies an easier time incorporating their product into domestic economies. These products can be made for cheaper than the domestic product. And once t hese companies are producing in these countries, these groups can now protect them.This causes competition between the domestic product and the international product. Cutting and redirecting subsides on certain goods. Subsides are used to help produce certain goods, such as wheat and vegetables, at a more affordable cost. These subsides are often the only profit that these companies make since it cost so much to produce these goods which are sold for cheap. Without subsided, these manufactures must increase the cost of goods and this increase make it hard for these domestic economies to resist taking loans from these organizations.This also makes these economies more dependent on imported goods. This all leads to a reducing in the government power for many of these countries. By reducing the domestic economy and social policies, these countries have little say in how they are treated. So instead of helping these countries that look to these organizations for help in developing their Gross Domestic Product (GDP), the IMF, WTO and World Bank will leave these less developed countries in a poorer state than they were originally.And on top of that fact, slowly weakening the government powers of these less developed countries will lead to less democratic countries with any power within the global economy. All of these previously mentioned factors have contributed the IMF, WTO, and World Bank’s negative reputation as far as hurting the domestic economy and social policies of many countries, especially less developed ones. In a lot of cases, these organizations have a tight hold on the countries that rely on them for help.It is shown that between these three organizations, the main problem with their plan is that it only favors the more developed countries while at the same time putting restricting on the domestic economies of less developed countries. These less developed countries few options and therefore must turn towards these organizations in the hopes of increasing their economies. They are often left in more debt and a worse GDP because of their few financial resources to invest in the foreign trade and their lack of power to stop other countries from doing the same to them.

Med School Essay

I had a long discussion with my dad today about religion, but I also got a touch of his childhood. As the discussion progressed, I came to the realization that I know nearly nothing about my father my whole life. This was one of the first times he actually spoke to me about his past in any sort of detail at all my whole life. The only thing he would tell me as I grew up was that his father passed away when my dad was nine and that his father was an honest man. I still have much, much more to learn about my dad’s past, but the things he told me have made me so grateful to be born in America and  to have such high hopes for a brighter future. Today I found out that my grandfather went to college in the number one university in South Korea to study electricity, but he didn’t know a thing about light switches. My grandfather was a coal worker who participated in the strikes of 1987 that swept the nation off its feet. Unfortunately, he passed away nine years into my father’s life for reasons my dad has yet to tell me. Following my grandfather’s death, my dad’s family had a really rough time, moving around the country and being dirt poor to the point where malnutrition became a health concern in his  childhood. There were days when he would be out for a walk and he’d suddenly collapse on the spot due to intense stomach pains. People would pass by, but no one ever helped him up. After lying on the ground for God knows how long, he would rush back to the house to poop, only to find his efforts futile. He couldn’t afford a doctor and his mother was too busy trying to make ends meet. On top of that, he had two older sisters and, later, two older step-sisters. He attended college in Korea, where he started to form his smoking and drinking habits, which he  still carries to this day. Despite having friends who all started smoking and drinking in high school, he was always the one who stayed clean. I guess college changed him. (On the bright side, he promised me that he would quit smoking starting January of 2015. I told him that if he continues to smoke, that I would start smoking too. Wish him luck! ) In his twenties, he moved to the states with his mother in hopes of a better life. I guess he moved to the wrong part of America though because he had a lot of trouble with the people he interacted with  everyday and a colossal language barrier that prevented him from truly appreciating life in the states. He told me that he didn’t truly get the opportunity to live a normal life due to having to work long hours every single day just to get by. When he was thirty, he had me. A little bundle of hope that would be raised to live a life nothing like the one that my dad had to live. So why am I writing all of this? I honestly do not know. But if there’s one thing I’m damn sure of, it’s that I want to make sure my dad’s efforts aren’t in vain. My whole life I’ve been careless and a bit too relaxed about everything. I failed through middle school and I got suspended a grand total of four times. I had the same work ethic in high school, but I managed to get by with a 3. 7 GPA. My SAT score was a lifesaver in getting me into NYU, the school that I am currently attending. But even now, I feel as unmotivated and carefree as I was in middle school and high school. I volunteer every opportunity I can with children. Before today, they were the sole reason that I truly found a passion  and enjoyment in life. But now, all I can think of is becoming a pediatrician in the future. I don’t want any child to live as my dad did when he was a child. I want all children to have the same opportunities that my dad has worked so hard to provide for me. My goal is now med school. It may seem unrealistic for a guy with my personality, but I want to make a difference in my life and my dad’s life. I have decided to start hitting the books and to work as hard as I physically can to achieve these dreams. POWERED BY TCPDF (WWW. TCPDF. ORG)