Opening Premier Inn hotel in Mauritius Essay Example | Topics and Well Written Essays - 2000 words

Opening Premier Inn hotel in Mauritius - Essay Example There is also the strategy of wholly owned subsidiaries a form of foreign direct investment that includes acquisitions and the Greenfield investment. The Greenfield investment is preferable if there are no competitors in Mauritius and it is a high-risk strategy. In addition, the hotel can consider acquisitions since it is a technique that can help to actualize higher human potential. It also contributes to lower risk than most of the entry models (Hill, 2014). The best design for the hotel is Foreign Direct Investment by procuring land, plant, and workforce in the host country. The hotel can set up a subsidiary that is wholly owned in the country by establishing a branch from the ground. In doing so, the hotel will be using the Greenfield strategy; on the other hand, it can also acquire a plant in the target foreign market (Hill, 2014). The hotel will experience significant benefits in the acquisitions. Firstly, purchases are quick to execute. The hotel should acquire an already established enterprise in Mauritius, by doing so it can quickly build its presence in a foreign target market. Therefore, the Premier inn hotel should do the same (Razin and Sadika, 2007). Secondly, the hotel should make acquisitions as a tool to pre-empt competitors since in Mauritius there are many investors in the hotel industry. The need for the pre-emption is especially prominent in markets that are rapidly globalizing. Thirdly, managers of the Premier inn hotel may view acquisitions as less risky than a Greenfield venture. Practically when the hotel purchases another hotel in Mauritius, it buys a number of assets that generate a known profit stream and revenue. On the contrary, the profit stream and income produced by a Greenfield venture is indeed uncertain simply because it does not yet exist. Acquisition made at the Premier Inn hotel in Mauritius; it does not only acquire a number of tangible assets. For example, it will

Organisational Development Process Essay Example | Topics and Well Written Essays - 3750 words

Organisational Development Process - Essay Example This model is a tool that can help any organization, regardless of its size, to move toward organizational excellence. The model can help you align resources; improve communication, productivity and effectiveness; and achieve strategic goals. For organization development process a model is essential, for analyzing and managing organizational problems. The model is relatively simple to understand and easy to visualize. A depiction of the mode identifies both driving forces and restraining forces within an organization. These driving forces, such as environmental factors, push for change within the organization while the restraining forces, such as organizational factors (e.g., limited resources or poor morale), act as barriers to change. To understand the problem within the organization, the driving forces and restraining forces are first identified and, hence, defined. Goals and strategies for moving the equilibrium of the organization toward the desired direction can then be planned. The model relies upon the change process, with the social implications built into the model (e.g., disequilibrium is expected to occur until equilibrium is reestablished). The general goal of this model is to intentionally move to a desirable state of equilibrium by adding driving forces, where important, and eliminating restraining forces, where appropriate. ... To understand the problem within the organization, the driving forces and restraining forces are first identified and, hence, defined. Goals and strategies for moving the equilibrium of the organization toward the desired direction can then be planned. The model relies upon the change process, with the social implications built into the model (e.g., disequilibrium is expected to occur until equilibrium is reestablished). The general goal of this model is to intentionally move to a desirable state of equilibrium by adding driving forces, where important, and eliminating restraining forces, where appropriate. These changes are thought to occur simultaneously within the dynamic organization. Chapter 01 "Introduction" Weisbord's Six-Box Model: Weisbord's (1976) proposes six broad categories in his model of organizational life, including purposes, structures, relationships, leadership, rewards, and helpful mechanisms. The purposes of an organization are the organization's mission and goals Weisbord refers to structure as the way in which the organization is organized; this may be by function, where specialists work together or by product, program, or project, where multi-skilled teams work together. The ways in which people and units interact is termed relationships. Also included in the box of relationships is the way in which people interact with technology in their work. Rewards are the intrinsic and extrinsic rewards people associate with their work. The leadership box refers to typical leadership tasks, including the balance between the other boxes. Finally, the helping

Reading Is Fundamental Essay Example for Free

Reading Is Fundamental Essay Reading is the foundation that a child’s ability to learn is built on. The fundamentals of all learning are based on reading. Research has proven time and time again that reading to your child, even as early as pregnancy and infancy, helps to spark their curiosity to learn to read. By reading aloud during pregnancy and infancy, the ground work is being laid in the development for a child’s love of reading (Promoting Literacy). To help children develop a love of reading start by having books all around. In the words of Dr. Seuss, â€Å"The more that your read, the more things you will know. The more you learn the more places you will go. † (Dr. Seuss). An early start with teaching the concept of page turning, observing pictures, and sequencing will feed little ones curiosity. You can further spark their imagination and creative thinking skills by sharing a picture book without words. Also, reading at bed time will also help small children learn that reading is a relaxing and comforting activity. As children get older we need to make sure we don’t always make reading feel as if it is a task, but rather enjoyable. The U. S. Department of Education found that, generally the more children read for fun the higher their reading scores are in school (U. S. Department of Education, 2007). The answer to how to help children develop a love of reading mainly lies in how we as adults encourage them. Most of a child’s early learning comes from copying what they see their parents do, so if children do not see their parents read then they are not going to be compelled to read themselves. There are so many ways we can nurture a love of reading with children that in turn will help them develop in so many different ways. We read for so many different reasons and it is important that we convey those differences to our children so they can maximize the benefits they get from their own reading. Without being surrounded by people who read then it will be difficult for a child to make that vital connection between reading and enjoyment, thus hindering the development of a love of reading. Children should know books are not just purely for pleasure, but can also be used for a source of information. Once able to read then a whole world of literature opens up and as long as people write and read what is written then books will continue to provide education, information, and pleasure for all who participate. Works Cited Dr. Seuss. â€Å"I Can Read With My Eyes Wide Shut. † www. goodreads. com. Promoting Literacy. â€Å"Bonding With Your Unborn Baby Through Books. † www. earlymoments. com. U. S. Department of Education, 2007. â€Å"Facts About Children’s Literacy. † www. neg. org.

The Wealth Effect Essay -- Wealth Effect Stock Market Economy Essays

The Wealth Effect The "Wealth Effect" refers to the propensity of people to spend more if they have more assets. The premise is that when the value of equities rises so does our wealth and disposable income, thus we feel more comfortable about spending. The wealth effect has helped power the US economy over 1999 and part of 2000, but what happens to the economy if the market tanks? The Federal Reserve has reported that for every $1 billion in increase in the value of equities, Americans will spend an additional $40 million a year. The wealth effect has become a growing concern because more and more people are investing; furthermore the Federal Reserve has very little direct control over stock prices. The numbers are staggering. Since the end of 1995, household stock holdings have doubled to more than $12 trillion dollars. And, for the first time, equities are the most valuable asset of the typical American household, not the home. When it comes to spending money, consumers take all their financial resources into consideration, from their income to their home. When an asset surges in value for a sustained period of time, such as the stock market in the 1990s, people feel flush and are willing to spend some additional money, perhaps b y buying a fancy car or by taking a more expensive vacation. A good number of Wall Street analysts blame the wealth effect for today's negative savings rate. Declining stock prices affect firms in several ways. First, lower stock prices, especially induced by profit warnings, increase shareholder pressure on managers to cut costs by laying off workers and scaling back investment. Second, the recent correction has put many stock options underwater, and it is unclear to what extent workers will bargain for more cash in place of options and how this might affect payroll costs and inflation. Third, the factors dragging down stock prices typically spur investors to demand higher risk premiums, which boosts the cost of financing business investment. This takes the form of increased spreads of corporate bond and commercial paper interest rates relative to Treasury yields and lower prices for any new stock that any firm dares to offer. Aside from raising the going price of new finance, the increased uncertainty associated with lower stock prices can spook investors so much, that the availability of finance is reduced. Since the... ...bear market if we remain at war for a long time in the future. We have seen in the past month, steady gains in the major stock indices. Some are stating that the bull market may be back with the war on terrorism going well, and others are insisting that the gains are only short term and that the market will retest the lows hit in mid-September. Only time will tell on how long it will take for our market to completely rebound into a bull market like we saw in the 90’s. Sources 1.)  Ã‚  Ã‚  Ã‚  Ã‚  Balke, Nathan. â€Å"The Economy in Action†. Federal Reserve Bank of Dallas. 2.)  Ã‚  Ã‚  Ã‚  Ã‚  Angeletos, George , David Laibson, Andrea Repetto, Jeremy Tobacman, and Stephen Weinberg. The Hyperbolic Buffer Stock Model. 3 March 2001. 3.)  Ã‚  Ã‚  Ã‚  Ã‚  Clarke, Grahm and Steven Caldwell. â€Å"Wealth in America†. Ohio State 1998. 4.)  Ã‚  Ã‚  Ã‚  Ã‚  Fidelity Investments. 2001 Estimated Stock Wealth Effects on Consumption. 5.)  Ã‚  Ã‚  Ã‚  Ã‚  American Express Company. 2001 American Express â€Å"ever day spending† survey. 6.)  Ã‚  Ã‚  Ã‚  Ã‚  John Khoury. Yahoo Finance: http://finance.yahoo.com. 7.)  Ã‚  Ã‚  Ã‚  Ã‚  U.S. Census Bureau. www.census.gov/. 2001. 8.)  Ã‚  Ã‚  Ã‚  Ã‚  Swanson, KC. Is the â€Å"negative wealth† effect all its cracked up to be. The Street.com 29 March 2001.

End of Life & Dementia Care Essay

1.1 Dementia is a progressive disease where an individual’s brain functions deteriorate and affects their mental capabilities. This disease is incurable which is similar to another terminal illness such as cancer. Symptoms of dementia will affect an individual’s memory leading to loss and confusing, language/ communication, understanding and judgement. Medication can be prescribed to help slow down the progression of symptoms. Within the more advanced stages the individual will commonly suffer from incontinence, limited mobility and limited communication usually the individual will not be able to use sentences just limited words. Other symptoms that worsen similar to those with a terminal illness are: aspiration, difficulty with breathing, pressure sores from lack of mobility, unrecognisable symptoms of pain (may not be able to communicate) this could lead to the individual not being treated for pain. 1.2 The end of life experience may differentiate between those who have to dementia to those who individuals without. An individual may lack understanding surrounding the diagnosis being made, they may have had symptoms for a longer period of time before a diagnosis had been made. This can lead to confusion as to why they are having symptoms and the way they are feeling. An individual’s communication may be limited, so they may not be able to express their feelings, changes in symptoms and pain. This can lead to depression/ anxiety which impacts on the individual’s behaviour I.e. verbally aggressive, changes in appetite. Lack of communication regarding pain could impact on the quality of care and medical treatment, as care givers are the primary source of recognising an individual’s pain through sounds rather than speech and non verbal communication. Whereas someone who doesn’t have dementia may be able understand a diagnosis and engage fully on how this c an affect their health through an illness progressing. 1.3 Person centred care has come under Health and social care act which states â€Å"that people should make choices about their lives and they should be at the centre of all planning†. Is it important having the person at the centre of all care throughout the time of caring for someone and when end of  life is approaching. The care provided to an individual within this should be based around their choices, beliefs, values and decisions which may have been made in advance. Working as a carer these should be respected. For example knowing the individual’s likes/ dislikes surrounding food, drinks, clothing, to have permission to give medication when the individual is unable to verbally consent. 1.4 In the earlier stages of dementia it is important that the carer works alongside and includes the individual and their family to make plans to reflect the individual’s wishes to be cared for at the end of life, before the dementia progresses and leaves the individual unable to communicate their wishes. Otherwise an appointed person would need to make decisions for the individual which could leave them feel distressed and unhappy. Planning and assessing allows time to plan for the care over the few days of life including after death. These advanced care plans reflect the individual’s values, beliefs and choices I.e. lifestyle, finances, medication, DNAR’s, funeral plans, after death care, appointed person for as/when the individual lacks capacity under the Mental health act to make â€Å"best interest† decisions on their behalf. 2.1 Pain in individuals with dementia is poorly recognised and undertreated can be due to lack of communication. This is dependent on what stage the individual is at within their dementia and how well the care givers know the individual. Some people maybe able to verbally communicate to carers if they are in pain by using single words and using non verbal methods I.e. pointing to what hurts but as this diseases progresses the individual’s ability to express themselves will worsen. If pain is going unrecognised, then there would be no medical intervention, which could cause more pain and will impact on the individual’s health and behaviours. 2.2 In the earlier stages individual’s may be able to express pain through verbal and non verbal communication, together the carer could recognise that they are in pain and a rough area of where this is coming from. This will enable carers to be able to provide medical intervention if needed I.e. Administering PRN paracetamol or seeking medical attention from a nurse/doctor when required. Care givers should use clear questions when speaking to someone with dementia as it may take them a little longer to process what is being asked. As the dementia progresses the individual could be unable to communicate, but they may be able to express pain through noise I.e. screams, but these could be easily misinterpreted by care providers as a â€Å"normal† behaviour if these are regular occurrences. 2.3 When pain has been recognised by care providers, communication with the individual is important where possible dependant of their ability to be verbal and how much capacity the individual has to understand their pain. Care givers will continuously monitor and observe the individual for changes in needs and record these within the daily care notes within the care plan. Dependant on the type of pain will depend on what medical intervention will be best for the individual through advice from other health professionals. Health professionals offer support to care providers to work as a multi-disciplinary team to promote the well-being of the individual to observe, monitor symptoms as well as the care staff. Care staff can give over the counter medications as per care plan, or the doctor/ nurses can prescribe stronger pain relief and controlled drugs. As end of life gets nearer palliative nurse would be visiting to monitor the individual and advise staff on how best to care for the individual and what symptoms to look for in the last few days of life I.e. changes in skin colour, increase of secretions. Medications maybe increased I.e. syringe drivers, which will help ease the pain and to make the individual more comfortable. Advice from colleagues and other health professionals will support care givers about non medicated techniques, these can be how best to position the individual, how often they should be repositioned to prevent pressure sores, skin care – keep the skin clear of sores, trying to keep the mouth clean as there would be increased secretions from the mouth, advice on fluid intake, methods how to try and encourage fluid intake i.e. spooning drinks, changes in food I.e soft. The individual should have an advanced care plan which care givers would be using to meet the individuals needs and wishes for example if they have a DNAR in place, then CPR would not be given. 3.1 Carers may feel guilt and stress and the end of life of an individual with dementia because they may have felt negative emotions towards the individual throughout the stages of dementia. At diagnosis the carer may not have accepted the diagnosis and treated the individual normally which could have caused frustration between the individual/ carer or they could have been in denial of the diagnosis and treated the individual â€Å"normally†, so the needs of the individual may not have been met fully. This could of impacted on the behaviour of the individual to become agitated or withdrawn if they feel they are a burden. The carer may not fully understand the symptoms of dementia especially challenging behaviour I.e. shouting out/ aggression. The carer may have felt negative emotions such as embarrassment and may have lost their temper or felt like hurting the individual and they are frustrated with the constant needs of support the individual has. When dementia has progressed and the carer may have been stressed from taking on the responsibility of caring if they have not had regular breaks. But on the other hand the carer may feel guilty for taking breaks and leaving them for other services to look after them. The carer may have had to make difficult decisions regarding accommodation for the individual such as going into residential care as they feel they can no longer cope with the responsibility of looking after them. After death the carer may feel they have let the individual down and not cared for them well enough based on their own expectations of themselves, they may also regret certain decis ions I.e. residential care. 3.2 Carers can be supported by other professionals to understand how the end of life process may differ for individuals with dementia. Any health professional involved with the individual’s care can provide support and advice I.e. GP’s, nurses, palliative nurses and social workers. They can also suggest informative services offered to carers as support where they can go and discuss the process with trained professionals and other carers. Communication between family, carers, health professionals is vital with end of life care as this can provide reassurance that the individual is being cared for is comfortable as possible, also to keep informed of any changes in the individual’s health I.e. refusal/ lack of ability to drink. A family  member may have been chosen to be the individual’s power of attorney in the advanced care plan once capacity has been lost. This would have been documented under the Mental Health Act. This chosen person would need to be involved in decisions alongside doctors. All the people involved with the care of the individual will support each other, answer any questions, and work alongside any advanced plans which should have been put in place. As towards end of life the individual won’t be able to make their own decisions so someone else will have to do this in the best interest of the individual. 3.3 Anyone supporting an individual with dementia will feel loss and grief at the end of his or her life. Some people may experience loss and grief at the time of diagnosis or once the dementia has progressed further as there will be a lack of recognition between family and the individual as they may feel the dementia has taken over. People may feel all different kinds of emotions through loss and grief. Some may have accepted the diagnosis/ changes of the individual and feel sadness. Others may find this a relief that the individual has passed and no longer having to carry on with progressing symptoms causing them pain and a poor quality of life. 3.4 Carers can have support from health professionals to make decisions and some of these decisions have to be made with health professionals, for example for a Do Not Attempt Resuscitation decision has to be made by a GP has to sign this document off in order to meet their best interests. Other decisions may need to be made if an advanced plan hasn’t been made such as where the individual will reside at home or within a residential placement. 3.5 At the final stages of end of life it is important to have good communication between all relevant parties (carers, family and colleagues). This is important so relatives are kept informed about how the individual’s health is, any changes in medications as towards end of life as it is common to be prescribed a higher dosage of pain relief I.e. morphine syringe drivers, as changes as in the final stages changes can happen quickly. Relatives may also want to know about the individual’s health as they may want to visit to say their last words or even be present at the time of death. Good communication is also important between carers as in  residential placements there will be staff change overs which they will need to know the individuals health state, information about medication, to read end of life care plans, if anyone relatives need calling, any other info I.e. visits from nurses/ GP’s.

Psychological Truths in Macbeth and the Poem My Last...

I am studying the characters of Macbeth and the Duke; how they can be considered perturbed characters. The play, ‘Macbeth’ and poem, ‘My Last Duchess’ both show psychological truths and insights into the characters. While the Duke shows himself to be perturbed straight away in the poem, Macbeth’s phrenic deterioration takes place and develops as the play proceeds. ‘Macbeth is a tragic play indited by Shakespeare during the English Renaissance in 1606. The play is habituated by Shakespeare in order to make the play more eventful. The play, at the time was considered controversial. The conception of the committing regicide when killing the king was controversial; the king was considered to have been sent by God and was only answerable to God†¦show more content†¦Macbeth makes a deliberate cull to take the route to evil. He is responsible for the death of King Duncan, his two slumbering sentinels, Banquo, Lady Macduff and her children and Young Siward. Lady Macbeth who is Macbeth’s wife withal kenned to be ‘dearest partner of greatness’ but at the terminus she is his ‘fiend-like-queen’. She is the most fascinating and involute character in the play; without her there is no play. She is a deeply zealous woman who lusts for power and position. Early in the play she seems to have a vigorous character- even more vigorous than Macbeths. Lady Macbeth persuades him to contravene his nature and more preponderant judgement. However by the terminus she is reduced to a piteous figure, trepidacious of the dark. Immediately after she culminates reading the letter, Lady Macbeths mind goes to work. The words shalt be magically reflect those of the Witches prophecy. Lady Macbeth’s phrenic conceptions turn to possible failings in her husband. He is too plenary of the milk of human benevolence to commit murder; he would be great, he would have a high position. Although he is a great warrior, he is sensitive an d caring. â€Å"unsex me here† Lady Macbeth distributes these words after receiving Macbeths letter. This conjures an image of a character calling to the supernatural world to make her hard and ruthless. There are a plethora of references to male and female qualities in the play.Show MoreRelatedHow the Characters of Macbeth and the Duke in My Last Duchess Can Be Considered to Be Disturbed Characters1926 Words   |  8 Pagescharacters of the Duke and Macbeth and how they can be considered disturbed characters. The play, ‘Macbeth’ and poem, ‘My Last Duchess’ both show psychological truths and insights into the characters. While the Duke shows himself to be disturbed straight away in the poem, Macbeth’s mental deterioration takes place and develops as the play proceeds. ‘Macbeth’ written by William Shakespeare and set in 1050 contains themes of status, power and death while ‘My Last Duchess’ by Robert Browning writtenR ead MoreAmerican Literature11652 Words   |  47 PagesSENSE can provide more detailed information about poetry analysis. Until you can get a copy of the book, I hope this page helps you begin your poetry analysis work. What is poetry ? Poetry goes beyond the rhyming of words. The object of writing a poem is usually to make a very complicated statement using as few words as possible; as Laurence Perrine says, poetry may be defined as a kind of language that says more and says it more intensely than does ordinary language (517). Thus every word and

The Collective Consequences Of Childhood Abuse And Spanking

Child abuse is a complex, surreptitious social problem that has been around for as long as humanity itself. The collective consequences of childhood abuse and spanking can be detrimental and are reflected in addictive behaviors, dysfunctional family dynamics and mental health problems in general. Can the commonly used practice of corporal punishment and spanking be justified as an appropriate method to discipline children? Coming up with an ultimate definition of what child abuse/neglect constitutes appears to be an ongoing challenge. There are different definitions of what constitutes child abuse and those differ by various professions. The nonexistence of a universally acknowledged definition of what child abuse actually is creates a†¦show more content†¦In this case, unnecessarily labeling/ falsely accusing a parent of abuse might actually increase chances for abuse to happen. Once the label is applied, regardless of whether it is true or not, and the individual accepts t he stigma as a part of his identity chances for the person to actually â€Å" fit the label he was given† increases significantly. People who accept the label have a negative self-image, a higher chance to reject themselves and are consequently a greater risk to be inadequate parents.(Cicchetti Calrson, 1991) . In contrast to the psychiatric model, the social approach has its focus on the interactions that take place between the family and society. Here, the emphasis is put on the interaction between the family and the society, which exerts pressure. The defect does not lay in the individual, but is within the system. The stress that society places on the family increases tension which can leave the family vulnerable to dysfunction. Frequent stress causes friction such as financial problems and a socially isolated life.(Cicchetti Calrson, 1991) . The Control Theory of Delinquency suggests that delinquent acts are a product of a disconnection between the individual and the society. The lack of social support that places parents into a high risk category for abuse is a broken bond between the individual and the