Hilton Embraces Collaboration with Information Technology Partners Assignment

Hilton Embraces Collaboration with Information Technology Partners - Assignment Example It was also crucial to embrace collaboration with technology leaders because then, it would be possible to focus more on the company’s core competencies. It is much easier for them to do so without having to worry about things such as systems implementation, research and development practices, and also technological solutions (Webb 1). One of the major problems associated with collaborating with five IT leaders might be their lack of cooperation. It may be hard trying to get these companies to work together and share ideas, and also work through their interdependence (Webb 3). For example; If AT&T and IBM refused to identify each other’s importance, it would be impossible for them to work together for the greater good of the company. Furthermore, it would be a major problem if the IT companies fail to adhere to the governance process that exists in the company. What this means is that, if there is a failure to follow the governance procedures that exist prior to the commencing of the contracts, there might be a loss of contract

The major purposes of financial statements Essay Example for Free

The major purposes of financial statements Essay The major purpose of financial statement is to provide an overview of the company’s overall performance of the company’s operations and also assess the company’s worth during the year. Financial statement not only assists the financial managers but also the outsiders like creditors, stockholders etc. After reviewing the financial statements of the company all the stakeholders assess the company growth, investment opportunity ,dividend profile etc after that note all the stakeholders made appropriate decisions regarding the firm’s future’s perspective. . Financial statements are also helpful in submitting the tax return of the year (Besley, Brigham, 2001). In basic terms financial statement is comprises on Profit Loss Statement, Balance Sheet, and on Statement of cash flows. There could be several reasons which signify the fact that it is gravely essential for one to understand the business or the industry in order to understand the financial statements better. Some of them may be: 2. The type of information financial statements provides. There are mainly three types of information is available in Profit Loss Statement, Balance Sheet, and Statement of cash flows. All the statements have own importance. Profit Loss Statement debates over the company’s revenue generation power, cost behavior and structure and in the end on Net Income. The balance sheet provides an overview regarding the company’s financial position. In the same time the balance sheet also discussed about the company’s assets, liabilities and owners equity. Cash flow statement discussed over the company’s operating, investing and financing activities during the year. It also discussed on the in flow and outflow of the cash and also on the cash equivalents. 3. The limitations of financial statements. The limitations of financial statements are stated below: †¢ Financial statements are debates over the historical facts they can’t address the trends like inflation, growth rates etc (Erich A. Helfert, 2001). †¢ The qualitative factors are not evaluated in the financial statements and often neglected because no organization discussed the qualitative factors in the monetary terms. Like reputation of the company, employees performance etc (Erich A. Helfert, 2001). †¢ It is the reality that out dated information of the company’s financial profile is not worthy especially when the company’s management is willing to take more debt from bank (Garrison, 2004). †¢ Whenever the financial statements are presented with out the notes then all the reported figures are picture less. 4. The outside factors upon which the conclusions drawn from these statements are reliant. The most relying outside factors that makes an impression on the financial statements are stated below: †¢ Frequently changes in the tax percentages make an impact on the firm’s net income, dividend, EPS, owner’s equity, stock price, etc (Besley, Brigham, 2001). †¢ Government’s regulation on any appropriate business slight distorts the financial statements of the company (Besley, Brigham, 2001). †¢ Events happening after balance sheet dates like case filed in the court of law make a negative impact on the reported figures of the company (Garrison, 2004). †¢ Fluctuation the interest rate percentage makes an impression on the interest expense of the company and also on the prices of the bonds. 5. How items in common-size statements are presented. In order to create common size statements we express it in the form of percentages rather than dollar amounts. It is easier to understand that we take the differences of amounts year by year and divided that difference amount with the total amount. Let’s assume: 2008 2007 Difference increase/ (decrease) Cash $150,000 $100,000 $50,000 And Total Assets is $500,000. Then Difference Amount/Total Assets x 100 50,000/500,000 x 100 10%. Means there is an increment of 10% is reviewed from the year 2007 to 2008. 6. How ratios in ratio analysis are computed and used. The formula of some important ratios is stated below: †¢ Average collection period (in times) = Net Credit sales / Average debtors †¢ Inventory turnover (in times) = Cost of goods Sold / Average Stock †¢ Current Ratio = (Current Assets / Current Liabilities) †¢ Total Debt Ratio = (Total Liabilities / Total Assets) †¢ Return on Equity = (Net Income / Average Equity) †¢ Return on Assets = (Net Income / Average Total Assets) The uses of ratios are sated below: †¢ Dividend yield which expressed as a rate of return on the market price of the stock. †¢ Interest coverage ratio shows the debt servicing ability and capability of a company and also indicator of a company’s ability to meet its interest payment obligations (Myers, Brealey and Marcus, 2001). †¢ Debt ratio shows the percentage of total asset financed by debt, from a creditor / bank’s view point, the lower debt ratio gives a positive signal to the creditor. †¢ Current ratio also suggest the firms liquidity position lower current ratio gives alarming and negative signal to the creditor that firm is financial crises and on the edge of financial crunch (Myers, Brealey and Marcus, 2001). 7. Why most financial analysts prefer ratio analysis to common-size statements. It is quite easy to assess the financial performance of the company at a glance. It is the shortest way to get an appropriate result. Moreover, common size statement is slightly tenacious and complicated to examine the different accounting heads (Erich A. Helfert, 2001). Reference Besley, Brigham, Scott, Eugene F. (2001). Principles of Finance. Florida: Harcourt College Publishers. Brealey, Richard A. , Stewart C. Myers, Alan J. Marcus, (2001). Fundamentals of Corporate Finance. New York. McGraw Hill Helfert, Erich A. (2001). Financial Analysis Tools and Techniques: A Guide For Managers. McGraw-Hill. Noreen, Eric W. , Peter C. Brewer, Ray H. Garrison. Managerial Accounting. 11. 2004.

Prayer in School Essay -- Religion Argumentative Argument Papers

Prayer in School As the bell rings you walk through the lunchroom doors. It seems just like any ordinary day. You smelled the mystery lunch as soon as you walked in, you fought your way into the lunch line, and you saw the principal escorting some troublemaking kids from their tables. But wait, those kids weren't the usual trouble makers. They were the kids that always follow the rules and even pray before lunch. Was this some kind of alternate universe? No, they were actually in trouble. No one ever paid it much attention but praying in school was against the rules. Why is it that our school system is so concerned with students that pray when there are students with problems that deserve much more attention? Students should not be punished for exercising the religious beliefs. Religion is a part of life, it always has been and it always will be. I believe that prayer should be allowed in school because it is a constitutional right, it encourages morals and values and students showing dev otion to their religious practices doesn't hurt anyone. The Downfall of a Nation There were times in this country where religion was mandatory in the public school curriculum. However, as early as the 1850?s the Superintendent of Schools in New York stated that prayers could no longer be required as part of public school curriculum. The Cincinnati Board of Education decided in 1869 that "religious instruction and the reading of religious books, including the Holy Bible, were prohibited in the common schools of Cincinnati.? By 1962/1963 the United States Supreme Court had prohibited bible reading and school organized prayers. In the past the Supreme Court had consistently ruled against religious practices in the public... ...nity Today. July (2003). 03 Oct. 2003 2. Annie Laurie Gaylor. ?The Case Against School Prayer?. 1995. Freedom From Religion Foundation. 03 Nov. 2003. 3. Unknown Author(s). School Prayer Case History. 2003. School-Prayer.net 03 Nov. 2003 . 4. Unknown Author(s). School Prayer. 26 Sept. 2003. Internet Infidels. 03 Nov. 2003 http://infidels.org/library/modern/church-state/prayer.html 5.Unknown Author(s). The Constitution. 10 Nov. 2003 http://www.law.cornell.edu/constitution/constitution.billofrights.html

Nature of Business: Genting Group Essay

Nature of Business Genting Group has twenty six years of experience in developing, operating and marketing casinos and integrated resorts in different parts of the world. It is the Malaysia’s leading corporation and one of Asia’s best multinational companies. Genting’s main niche market is leisure and hospitality services integrated in resorts. Genting’s first integrated resort is the Resort World Genting, formerly known as Genting Highlands Resort. The resorts and casino properties in Malaysia are ; * Resort World Genting, Malaysia * Genting International Convention Centre, Malaysia * Awana Genting Highlands Golf & Country Resort, Malaysia * Awana Kijal East Cost Golf, Beach &Spa Resort, Malaysia * Awana Langkawi, Spa & Island Resort, Malaysia. These integrated resorts are among the most popular destination for local and foreign tourist. In this facilities, Genting had provide casinos, hotels, theme park, concert show, Food & Beverages, retail shopping, golfing, cable car terminal and many outdoor activities such as eco-sport, jungle trekking, abseiling, mountain biking, and horse riding. In Resort World Genting, Malaysia for example, there are five hotels with more than 8000 rooms, 50 fun rides, over 200 dining and retail outlets, mega shows and business convention facilities. The five hotels are; * Maxims Genting * Highland Hotels * Theme Park Hotel * Resort Hotel * First World Hotel Until now, Genting had expand and diversified their market into many other product and services line includes plantation, properties, power generator, oil & gas, e-commerce, information technology, biotechnology and cruise liner. * Genting Power Generator * Operated by Genting Sanyen Power Sdn Bhd in Kuala Langat station. It supplies electricity to Tenaga Nasional Berhad, Malaysia, under a 21-year power purchase agreement. The first and only thermal power plant to provide  its own water supply and to supply steam to another industry. * Genting Plantation * Had oil palm plantation which spearheaded by Genting Plantations Berhad. Started since 1980 when they acquired Rubber Trust Group which owned 13,700 hectares of plantation land in Peninsular Malaysia. Further acquisition were made and acquire land banks and oil palm mills. Now Genting have a total milling capacity of 255 tonnes per hour. * Genting Properties * Genting’s initial primary objective is holding land based assets for long term appreciation and develops potential to the current strategic move to expand and market the Group’s landed properties. Genting began the project at Genting Highland Resort developing 83-unit Kayangan Apartment. The project was followed by the launch of 428-unit Ria Apartment and luxurious 320-unit Awana Condominium. Promoting Services and Educating Customer Genting had run many initiatives in their promotion of services and product lines. They are taking steps in educating customer effectively as a proof, everyone in this country knows about Genting and its services and product line. The sales and marketing department had outlined their responsibilities in ensuring to educate the customer more effectively and in promoting services. Firstly, the responsibilities of the sales and marketing department are; * Research, analyze and plan business strategies to achieve set goals and develop new ideas to secure more business/arrivals from new and existing target countries; * Constantly develop new action plans to counter competitive market environment; * Proactively drive and develop new business development opportunities, including new trends and new markets; * Market information provider to our various business units both local & overseas; * Able to effectively monitor all business plans and its success reporting; * To assist Awana marketing on evaluation coordination and execution of all advertising, plans and activities; * To assist Awana sales in ensuring all overseas arrivals are well coordinated and accounted; * To assist AVP on all road shows’ products presentations and programmes; * To provide feedbacks on sales and marketing activities  in various countries and markets to AVP on weekly and monthly basis; The list above shows how Genting had ensure that their services promotion mainly in leisure and hospitality will run effectively and could attract more customer thus increase sales. Genting’s promotion considered success referred to the annual reports published each year. In running promotion, Genting had used many mediums for advertisement such as: * Pamphlets * Blog * Website * Television * Social networking sites (eg; Facebook) * Radio Besides that, in empowering their promotion, Genting had also work with TOURISM Malaysia to raise their brands as one of the most popular tourist destination in Malaysia. Genting also had join promotion with the transportation company like Bus Company to attract more customers. They make the tourists’ trips to be more convenience by offering transport from the bus company and tour guides that will guide the tourist around the resort. Promotion had been done exclusively and excessively yet cost effective and successful. References * Genting Highlands Facebook page (https://www.facebook.com/gentinghighland) * TOURISM Pahang official website http://www.pahangtourism.org.my/index.php?option=com_content&task=view&id=99&Itemid=188 * The Genting Malaysia Berhad (http://www.gentingmalaysia.com/default.htm) * The Genting Plantation (http://www.gentingplantations.com/)

Is Gatsby’s Dream Defeated by Nothing More Than Time Itself? Essay

Top of Form F.Scott Fitzgerald have set up in his novel â€Å"The Great Gatsby† the different views of how â€Å"ultimately, Gatsby’s dream is defeated by nothing more nor less than Time itself.†, such as Gatsby’s inability to diffrentiate between reality and illusion and his build-up of unrealistic dreams. However, there are also other ways in which his dream can be defeated, other than time itself. The significance and importance of the presence of time as well as other significant factors are both heightened by Fitzgerald’s skillful use of range of key techniques such as symbolism, metaphors, foreshadowing, characterisation to effectively convey the extension of my agreement towards whether or not Gatsby’s dream is defeated by time. Fitzgerald uses Gatsby’s inability to distinguish between reality and illusion to speak of the defeat of his dream through Gatsby’s ideal persona and through the act of his house as a metaphor. Gatsby’ s downfall seems to be result of his inablity to see through and beyond illusions- especially when â€Å"he sprang from his platonic conception of himself.† We can see that it’s the attempt itself and the firm belief that he can achieve the impossible that is more than the sum of his reality. Gatsby conforms to the ideal of himself that can transform reality to possibility. Therefore, using this to his advantage Gatsby ha crafted Daisy into the ideal woman that he wishes her to be. Fitzgerald writes: â€Å"There must have been moments even that afternoon when Daisy tumbled short of his dreams–not through her own fault, but because of the colossal vitality of his illusion.† As a reader, we can all recognise that Daisy is only a regular, rich western girl. However, because Gatsby has made her more perfect than she actually is in his imagination,this suggests that the â€Å"colossal vitality of his illusions† of Gatsby, the idealized version of himself is what thrown him into the idea that Daisy is perfect. By doing this, I think that Fiztgerald intends to critisize how people in the 1920s blindly giving meaning to the idealism of the American Dream, as much as Gatsby is trying to give as much perfection to his own love, Daisy. Furthermore, another idea of illusion present in Gatsby is his â€Å"failure,  incoherent of a house.† By describing his house as a failure and by using the word â€Å"incoherent†, the mansion is suggestive of the measure of failure of the democratic ideals. For many years, Gatsby presented his house with demoractic ordeals to enhance his aristocratic image and wealth. Therefore by doing this, Gatsby has hidden away traces of himself which further deepens his illusions and driven him to live in it, as much as his house is an unrealistic object he uses to only impress Daisy. Thus, I do agree that Gatsby is driven by his illusions to an extent that when he faces with reality when Daisy leaves him, he realizes that his dream is gone forever. Fitzgerald also uses Gatsby’s desire to rewind time to show how his dream is defeated, through the manner of Gatsby and the symbolism of the clock in Nick’s house. After Gatsby’s tale with Daisy begins with he fa lling in love with her in 1917, he is devastated to see her married with Tom. When Nick says â€Å"you can’t repeat the past† and Gatsby confidently replied with â€Å"of course you can, old sport.† This determination in Gatsby’s saying manage to highlight his desperation and longing to return to the past, where all of his memories and Daisy were stored. At one point his nervousness during his first meeting with Daisy in Nick’s house, he â€Å"knocks a broken clock off the mantel, catching it just before it hits the ground†. The readers can see that this clock goes beyond Gatsby’s nervousness, but is a symbolic nature of his desire for time to stop. In a way, the clock stopped at a specific point in time and is seen to be trapped, just as Gatsby’s life stopped when he was hit with the realization that while he was poor and the fact he could never have Daisy. He’s been so busy chasing a dream rather than enjoying reality, therefore like the clock, he is emotionally stunted in his mindset when he has loved Daisy in the past. Thus, I do agree that even though Gatsby’s dream is defeated by the presence of time, but time doesn’t stop for anyone and this also allow characters like Daisy to have a change of heart-Daisy is no longer a sweet girl Gatsby knew long time ago- but now a selfish woman with a voice â€Å"full of money†. The obsession of wealth that caused Daisy to love Gatsby’s superficial image only proves to us that repeating the past under the influence of the American Dream is impossible. Other than time itself, Fitzgerald also uses comparison to show the hopelessness in Gatsby’s defeated dream even before he was bornt. Nick finishes his story when he â€Å"became aware of the old island here that  flowered once for Dutch sailors’ eyes- a fresh green breast of the new world.† Fitzgerald have created the imagery of explorers travelling long distances, from East to West, to escape from their corrupted nations. The use of â€Å"Dutch† people here suggests their root coming from the western, and when America was found, they â€Å"flowered† of a new nation of peace and moral status. However, we can see that America itself is now corrupted- highlighting that despite the fact the Dutch wants to create something new and of value, the fact that their root coming from corruption doesn’t go away, and instead brought karma with them here tchuo the new land. Therefore like the Americans, characters in the Great Gatsby travelled west to east in search for wealth while leaving behind the social and moral values, and thus implies how Fitzgerald successfully present to the readers how people like Tom and Daisy- their immorality and purposelessness were created. Like the others, Gatsby choose this way and since he cheated his way to success, his dream failed due to the class distinctions that were present even before his existence. Gatsby’s American Dream is seen to be achieving Daisy, but when Gatsby is no longer the man she used to love, but rather a man of great success and prosperity, this proves to us the heartlessness in characters like Daisy that’ s in contrast to the basic nobility of Gatsby’s character. Thus, I do disagree that even though Gatsby can’t defeat the power of time, his dream is already out of his reach since young. However, Fitzgerald uses Gatsby’s build-up of sentimental dreams overtime to prove that he’s defeated by time. Gatsby set out to reach for his dream when he met his Dan Cody. During the time he travelled with Cody, he experienced a glamorous life and began to dream of a bright future where Daisy is present in it. At the end of chapter 1 Nick saw Gatsby â€Å"stretched out his arms towards the dark water† tat is a â€Å"single green light at the end of the dock.† For a long time the action of Gatsby â€Å"stretched out† is a representation of the future that he longs for. The â€Å"green light† at the end of Daisy’s dock symbolizes Gatsby’s hopes and dreams of an ideal life though he’s oblivious to the unattainable nature of his wishes. However, Gatsby reaches not only for Daisy herself but for this idea of Daisy and the utopian future he associates with her. Nick muses that â€Å"it had not been merely the stars to which Gatsby had aspired on that June night.† In a sense, the readers can see that Gatsby is reaching for the stars as well. He heavily idealizes all of his dreams and builds  them up on a stellar level-so much to an extent that he loses track of time. I think Fitzgerald intends to do this in order to criticize and reveal the nature of the American society led by capitalist system, of creating false hopes for the nepotism in the roaring 1920s through characters like Gatsby living vicariously through the upper class society. Therefore, I agree to an extent that Gatsby is defeated by time because of his failure to pick up the facts that his dreams only exist as memories. In conclusion, Fitzgeral have displayed throughout the novel many aspects of how Gatsby’s dream is defeated by time and aspects of not only time itself. However, I think I would agree that Gatsby’s dream is largely been affected by the importance and presence of time in the novel- the last line of the book summarizes Gatsby’s struggle as â€Å"boats against the currents, born back ceaselessly into the past.† Though the green light symbolizes everything Gatsby wishes for, it directs him backwards in life instead of forwards. He never manages to understand that time doesn’t stop for anyone and move on. This also criticizes the cruel American society during the 1920s it leads to chaos and betrayals, it leads to destroying others who’s trying to reach their goals. Characters like tom and daisy were created and the American Dream failed everyone who tries satisfying themselves.

Rice and Genetic Engineering essays

Rice and Genetic Engineering essays Rice is the main food for about one-third to one-half of the world's population. A mature rice plant is usually two to six feet tall. In the beginning, one shoot appears. It is followed by one, two, or more offshoots developing. There are at least five or six hollow joints for each stalk, and a leaf for each joint. The leaf of the rice plant is long, pointed, flat, and stiff. The highest join of the rice plant is called the panicle. The rice grains develop from the panicles. (Jodon, 300) Rice is classified in the grass family Gramineae. Its genus is Oryza and species O. sativa. It is commonly cultivated for food in Asia. Some varieties of rice include red rice, glutinous rice, and wild rice. (Jodon, 303) The kernel within the grain contains most of the vitamins and minerals (298). The kernel contains thiamine, niacin, and riboflavin (299). Rice has many enemies that destroy a majority of the rice crops. The larvae of moth, stem borers, live in the stems of the rice plants. Some insects suck the plant juices or chew the leaves. Birds, such as bobolink, Java sparrow, or paddybird, would eat the seeds or grains. Disease causing factors such as fungi, roundworms, viruses, and bacteria also destroy the rice plants. Blast disease is caused by fungi which causes the panicles containing the grains to break. (Jodon, 300) There are various types of rice grown all over the world. A majority of rice grown is cultivated rice. When rice is grown with water standing on the fields, it is called lowland, wet, or irrigated rice. Rice plants grown in certain parts of Asia, South America, and Africa are called upland, hill, or dry rice because they are raised on elevated lands that cannot be flooded, but with plentiful rainfall. Wild rice is grown along lake shores of Canada and the Great Lakes. It is usually eaten by people in India. Scented rice is the most expensive because is has long grains and tastes like p...

How to Cite a Book in MHRA Referencing

How to Cite a Book in MHRA Referencing How to Cite a Book in MHRA Referencing MHRA referencing is a citation style set out by the Modern Humanities Research Association. It is used in humanities subjects, such as English language and literature. And in this post, we’re looking at how to cite a book in a college paper using this system. Footnote Citations MHRA uses footnote citations, indicated via superscript numbers in the main text. You will usually give these numbers at the end of a sentence: We put footnotes after final punctuation, like this.1 You will then need to provide full publication information for the source in a footnote at the bottom of the page. For a book, in MHRA referencing, this means using the following format: n. Author Name(s), Title (Place of Publication: Publisher, Year), page number(s). The part at the end here is the exact page or pages you are citing. In practice, then, a footnote citation for a book would look like this: 1. Simone Weil, Waiting on God (Glasgow: Fount Paperbacks, 1951), p. 65. Your reader will then be able to find the relevant passage. Repeat Citations in MHRA Referencing There’s no need to repeat the full source information in footnotes if you cite the same source more than once. In these cases, simply give the author’s surname and a page number: 1. Simone Weil, Waiting on God (Glasgow: Fount Paperbacks, 1951), p. 65. 2. Weil, p. 100. If you cite more than one book by the same author, give a shortened version of the title as well: 1. Simone Weil, Intimations of Christianity Among the Ancient Greeks (London: Routledge, 1957), p. 84. 2. Simone Weil, Waiting on God (Glasgow: Fount Paperbacks, 1951), pp. 59–60. 3. Weil, Intimations of Christianity, p. 112. This will ensure that your reader knows which book you’re citing each time. Books in an MHRA Bibliography As well as giving source information in footnotes, you will need to list sources in a bibliography at the end of your document. With MHRA referencing, this includes every book you used during your research, even if you did not cite them in the finished essay. The format for a book here is: Surname, First Name, Title (Place of Publication: Publisher, Year) For example, we would list the book Waiting on God by Simone Weil as follows in an MHRA bibliography: Weil, Simone, Waiting on God (Glasgow: Fount Paperbacks, 1951) Note that, unlike in footnotes, you do not need page numbers or end punctuation here. And don’t forget that you can have your work proofread if you want to be sure your referencing is correct.