No 1 Essay Writing Service

No 1 Essay Writing Service Leo Tolstoy wrote so many novels and short stories that I did not know which one to choose. This is one of those times when it is better to pay than to try doing everything by yourself. I'm more than satisfied with the results of this experience. It encourages you to develop a formal, disciplined approach to writing that communicates clearly and with authority. It allows you to practise and develop transferable skills that are valuable to you not only while you’re a student but also when you graduate and have to write in a professional role. This reliable company offers students from around the globe fast assistance and receives inquiries from the US, UK, Canada, Australia, Saudi Arabia, and South Korea. The words you choose are sometimes more important than the style and form of your writing. This assignment is all about making the right choice. Read widely, and refer to a dictionary for words you don’t know as you go along; this way, you’ll learn the new word as well as seeing it in context so you know how to use it properly. Read different genres of fiction, and non-fiction covering a range of topics, and you’ll have the added bonus of widening your general knowledge as well as your vocabulary. When you’ve finished, leave the essay for a day or two, and then re-read it. This way, you’ll avoid making lots of silly mistakes that threaten the clarity and flow of your essay. It was new for me, I was afraid that nothing was going to be the way I wanted. But all of my concerns were pointless, I'm happy. You will not succeed in creating a special mood for a reader if you don't know how to paint a picture using the words. It is more about words that wake up the imagination of a reader. Challenge our experts with the most complex assignments. We make sure the content we deliver is plagiarism-free. The software we developed checks every paper for your convenience. When expressing your opinion, do it third-person and back it up with evidence. It will help to understand their structure and writing style. But don’t copy others’ ideas, trying to sound smarter! N.B. Your critical engagement with the scholars and authors whose work you’ve read will count for a huge chunk of marks. This does not mean listing a load of names and rehearsing their arguments; nor does it mean disagreeing with everyone for the sake of it. The University of California at Irvine's free video lecture, available on Coursera, tells you everything you need to know about the essay. Don’t quote too much; mix citations with your own opinions so that it doesn’t look as though you have to hide behind other people’s words. It’s fine to disagree with a scholar you quote, provided you can give evidence and reasoning for doing so. Collect all the necessary references you might later need to give credit in your critical essay. There is a thesis about the central themes of a discussed work in it. The directions below are representative of what students will encounter on test day. Future students can access our AskUNE site dedicated to future students here. Reading your essay allows your lecturer to assess the degree to which you have engaged with learning and transformed information into knowledge. Develop your writing style, use the words you know, and introduce your ideas. do researchand find secondary sources such as scholarly articles or online reviews by experts to understand the original piece better. Instead, think about whether or not what they’re arguing holds true in your experience â€" or compare them to each other. Secondly, if you’re working from books or downloadable articles, can you afford to work somewhere without the internet? The absence of Facebook and Instagram will guarantee your concentration will be about a hundred times better, which will show in the quality of your work.

Venture Capital, Owner Financing Trade Credit - Free Essay Example

Venture Capital Venture capital represents a type of private equity capital that used to finance firms that are at the early- stage for elaboration of new products and services or at the development stage. The investors for venture capital, known as limited partners that comprise both wealthy individuals which have financial capital and institutions that have large amounts of available capital such as private state funds, pension funds, donations, foundations, insurance companies and mutual funds. Venture capital is also referred as risk capital which normally invested in private company. It involves investments in unquoted companies with growth potential and is generally medium to long term in nature made in exchange for a stake in a company. A venture capitalist can be an individual or investment firm who makes venture investment is expected to bring their managerial and technical expertise along with capital to their investments (en.wikipedia.org 2014). Young start-up c ompanies with high growth potential, most often in high technology industries such biotechnology and information technology(IT) turn to venture capitalists for funding as they cannot raise capital in the public markets and unable to a secure abank loanor complete adebt offering due to lack of collateral. These companies have a limited operating history and need additional funds in developing their business. By investing in small, unproven and less mature companies, venture capitalists assume high risk in exchange for significant influence on company decision and a portion of companyà ¢Ã¢â€š ¬Ã¢â€ž ¢ ownership (en.wikipedia.org 2014). There are three major types of venture capital which include business start-ups, business development and management buyouts. In the stage of business start-ups, venture capital organization provide capital to the firms that need funding for marketing and product development to enable them to get off the ground. While, in the stage of business developm ent, venture capitalists organization may be willing to provide development capital for a company which wants to expand or invest in a new product or new market. The third type of venture capital is management buyouts which is the purchase of all or part of a business from its owner by its managers. Owner Financing Finance from the ownersà ¢Ã¢â€š ¬Ã¢â€ž ¢ personal sources is nearly always the initial source of finance for a business, whether from the owner or from family connections. At this stage because many assets are intangible, thus external financing is an unrealistic prospect and may be difficult to obtain (accaglobal.com 2014). As many small companies have weak financial base, they generally use internally generated funds in the form of personal savings or borrowing from family, relative and friend to start up a business. Trade Credit Trade credit is an important source of short-term finance, especially for small and fast growing companies. It is a kind of credit which defined as an arrangement to purchase of goods and services by one trader to another without making immediate cash or cheque payments(en.wikipedia.org 2014). A limit is usually set, commonly called credit terms once a business enters into trade credit arrangements with its suppliers (accaglobal.com2014). For example, a customer could set cash or cheque payment to be made within 10 days from the date of the invoice and this may give customers an advantage of obtaining any early payment discount. By using trade credit, small companies are able to delay payments to suppliers for goods and services that already purchased, which is useful in managing cash flow. One of the most important benefits of using trade credit is the reduction of transaction costs which involved in paying and managing invoices between suppliers and buyers. As trade credit separates the payment cycle from the delivery cycle and pay bills periodically instead of every time that goods are delivered, it helps in reducing the transaction costs. The amount of days of the credit term is determined by the company which allowing the credit to customers and is agreed upon both parties (accaglobal.com 2014). The indirect costs of making maximum use of trade credit include the loss of early payment discount and the loss of supplierà ¢Ã¢â€š ¬Ã¢â€ž ¢s goodwill. VASILESCU, LAURA GIURCÃÆ'„à ¢Ã¢â€š ¬Ã… ¡(2011) VENTURE CAPITAL OPPORTUNITIES AND LIMITS IN FINANCING THE SMES. Jul2011, Vol. 13 Issue 3, p107-110. 4p. https://web.b.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=a3144830-ff08-475c-b230-435d8bd91e06%40sessionmgr113vid=0hid=124 en.wikipedia.org(2014) Venture Capital [Online] Available from :https://en.wikipedia.org/wiki/Venture_capital#Types [Accessed 9th November 2014] https://en.wikipedia.org/wiki/Venture_capital#Types https://www.boundless.com/finance/textbooks/boundless-finance-textbook/obtaining-capital-methods-of-long-term-financing-14/types-of-financing-107/venture-cap ital-456-3808/ Dagogo, Daibi W(2009) THE EFFECT OF VENTURE CAPITAL FINANCING ON THE ECONOMIC VALUE ADDED PROFILE OF NIGERIAN SMEs. Vol. 5 Issue 5, p37-51. 15p. 1 Diagram, 4 Charts. https://web.a.ebscohost.com.tarcez.tarc.edu.my/ehost/pdfviewer/pdfviewer?sid=7236747c-426e-4a6a-8964-3f636959e061%40sessionmgr4003vid=0hid=4114 accaglobal.com(2014) Business Finance and The SME Sector [Online] Available from:https://www.accaglobal.com/my/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/business-finance.html[Assessed 9th November 2014] www.accaglobal.com/my/en/student/acca-qual-student-journey/qual-resource/acca-qualification/f9/technical-articles/business-finance.html academia.edu(2011) Descriptive analysis on the pattern of SME financing in Malaysia [Online]Availablefrom:https://www.academia.edu/4916487/Descriptive_analysis_on_the_pattern_of_SME_financing_in_Malaysia https://www.academia.edu/4916487/Descriptive_analysis_on_the_patt ern_of_SME_financing_in_Malaysia accaglobal.com(2014) Trade credit is probably the easiest and most important source of short-term finance available to businesses[Online] Available from:https://www.accaglobal.com/my/en/business-finance/types-finance/trade-credit.html [Assessed 9th November 2014] https://www.accaglobal.com/my/en/business-finance/types-finance/trade-credit.html https://www.ipedr.com/vol4/11-F00028.pdf(tr) https://en.wikipedia.org/wiki/Trade_credit(2014) Trade credit [Online] Available from: https://en.wikipedia.org/wiki/Trade_credit [Assessed 9 November 2014]

Essay about Descartes vs. Spinoza - 1588 Words

Term Paper, Philosophy 1107 Aaron Davis Evaluation Comparison Between Descartes and Spinoza About The Paper: What I will do in this following paper is to discuss two very interesting philosophers, Rene Descartes and Benedictus de Spinoza. I will discuss each philosopher’s perspectives and insights on their most recognized theories and thoughts. I will then evaluate them and then give my opinion on the given topic. By doing this, I will contrast the similarities and differences between the two genius minds. By the end of the paper I will have discarded some ideas and opinions from each of the two and will have my own judgment that consists of thoughts from Spinoza, Descartes and my self put†¦show more content†¦The argument he made on this segment of his U-Turn concept was only half true. He was right on the fact that we can not distinguish the difference when in a dream state but wrong on the idea that same goes for when we are awake. As human begins we may not be able to have any reasoning, logic or understand the fact that we are dreaming but when we are not dreaming we can logically know we are awake and be able to know the difference between awake/sleep which means we don’t have to doubt common sense or mathematics anymore. If this is the case then Descartes U-Turn theory is wrong and the idea that the only thing we can be â€Å"certain† about is our own existence is false. Themes On Spinoza: Conception of God- Spinoza’s’ View - Spinoza went on a whole different direction when it came to God. Up to his point in time most people believed in a transcendent God, this meant that they believed in a personal God that was all loving, caring and would not deceive us human beings. People would prey to this personal God for various things like comfort and security, but Spinoza had his own belief. His conception was quite different from that of anyone else. His conception of God was non-personal (Non- Transcendent) and was the totality of everything that is immanent. He explained that our infiniteShow MoreRelatedDescartes vs. Spinoza on Substance2307 Words   |  10 Pagescomplicated manner, but Spinoza tried to answer this question in an exceptional way simply by describing God and His essence. Based on Spinoza’s views, God’s qualities can be referred to as attributes and modes are merely affections of a substance. This paper will provide a detailed view of Spinoza’s key ontological definition of God as the only substance, his attributes, and their co-relations. The study goes further to explore the major scholarly argument between Spinoza and Descartes, in regard to theirRead MoreSpinoza vs Descartes on God Essay3699 Words   |  15 PagesAbstract and Referential Ontology: Descartes Versus Spinoza on the Existence of God. The concept of God is central to the development of Cartesian and Spinozan philosophy. Although both philosophers employ an ontological argument for the existence and necessity of God the specific nature of God differs greatly with each account. While Descartes suggests a Judeo-Christian concept of God, Spinoza argues a more monistic deity similar to that of the Hindu tradition. The most significant differenceRead MoreEssay about Rationalism and Empiricism1486 Words   |  6 Pagesare most likely the two most famous and intriguing schools of philosophy. The two schools deal specifically with epistemology, or, the origin of knowledge. Although not completely opposite, they are often considered so, and are seen as the Jordan vs. Bird of the philosophy world. The origins of rationalism and empiricism can be traced back to the 17th century, when many important advancements were made in scientific fields such as astronomy and mechanics. These advancements were most likelyRead MoreRat ionalism vs. Irrationalism1607 Words   |  7 PagesRationalism vs. Irrationalism Jane Evans was spending a week at the Crown Point Ward girls camp. She and her friends were laughing and enjoying the crisp night air. They giggled and talked of crushes on boys and gossiped all night about the notorious girls at school. But the fun stopped when a rat bit one of the girls. Screaming, squirming and frightened, they worried and stayed awake for the remainder of the night. Unable to sleep, they decided to go indoors, to avoid anotherRead MoreThe Contributions Of Descartes And Hume3394 Words   |  14 PagesThe contributions of Descartes and Hume towards the issue of establishing: the existence of God Introduction: Arguments for and against the existence of god have been proposed by philosophers, theologians, scientists and others for thousands of years. In Philosophy, these arguments involve primarily the disciplines of Epistemology and Ontology and can be categorized as metaphysical, logical, empirical, or subjective. The epistemic arguments place different restrictions on our ability have knowledgeRead MoreThe Principles Of Empiricism And The Spirit Behind It2295 Words   |  10 Pagesradical way of thinking began in the 17th century, with John Locke often regarded as the â€Å"father of British empiricism† after writing the 1690 Essay Concerning Human Understanding and within this thesis arguing directly against philosophers such as Descartes and particularly opposing views on innate ideas and how a person comes to conclusions of concepts and whether ideas are born into the mind from birth or not. Locke’s views were certainly not universally accepted but did help the rise of British empiricismRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pages6 (2005), pp. 1185–1203; and S. E. Scullen, M. K. Mount, and T. A. Judge, â€Å"Evidence of the Construct Validity of Developmental Ratings of Managerial Performance,† Journal of Applied Psychology 88, no. 1 (2003), pp. 50–66. 9. F. Luthans, â€Å"Successful vs. Effective Real Managers,† Academy of Management Executive (May 1988), pp. 127–132; and F. Luthans, R. M. Hodgetts, and S. A. Rosenkrantz, Real Managers (Cambridge, MA: Ballinger, 1988). See also F. Shipper and J. Davy, â€Å"A Model and Investigation of

Essay On Teenage Depression Example For Students

Essay On Teenage Depression Teenage depression is a growing problem in todays society and is often a major contributing factor for a multitude of adolescent problems. The statistics about teenage runaways, alcoholism, drug problems, pregnancy, eating disorders, and suicide are alarming. Even more startling are the individual stories behind these statistics because the young people involved come from all communities, all economic levels, all home situations-anyones family. The common link is often depression. For the individuals experiencing this crisis, the statistics become relatively meaningless. The difficult passage into adolescence and early adulthood can leave lasting scars on the lives and psyches of an entire generation of young men and women. There is growing realization that teenage depression can be life- changing, even life-threatening. (McCoy 21)Depression is a murky pool of feelings and actions scientists have been trying to understand since the days of Hippocrates, who called it a black bile. It has been called the common cold of mental illness and, like the cold, its difficult to quantify. (Arbetter 1) If feelings of great sadness or agitation last for much more than two weeks, it may be depression. For a long time, people who were feeling depressed were told to snap out of it. According to a study done by National Institute of Mental Health, half of all Americans still view depression as a personal weakness or character flaw. Depression, however, is considered a medical disorder and can affect thoughts, feelings, physical health, and behaviors. It interferes with daily life such as school, friends, and family. Clinical depression is the most incapacitating of all chronic conditions in terms of social functioning. (Salmans 11-12)Teenagers have always been vulnerable to depression for a variety of reasons. Its a confusing time of life because a teens body is changing along with their relationships. Teenagers constantly vacillate between strivings for independence from famil y and regressions to childish dependence on it. (Elkind 89) But todays teens face an additional challenge: Theyre growing up in a world quite different from that of their parents youth. Adolescents today are faced with stresses that were unknown to previous generations and are dealing with them in an often self-destructive way.Contemporary society has changed the perception of teenagers. New parental lifestyles, combined with changes in the economy, often give less time and energy for parents to devote to their offspring. Society all too often views teens for what they can be instead of for who they are. Who they are becomes the identity of teenagers today. They are confronted with the ambiguity of education, the dis!solution of family, the hostile commercialism of society, and the insecurity of relationships. (McCoy 16) This identity is fragile and is threatened by fears of rejection, feelings of failure, and of being different. These young people face stress in school as well with resources dwindling and campus violence and harassment increasing. Their sexual awakening comes in the age of AIDS, when sex can kill. In summary, teens today feel less safe, less empowered and less hopeful than we did a generation ago. Depression is a common concomitant to this struggle. (McCoy 36) It strikes 5% of teens and about 2% of children under 12. One in three adolescents in the nineties is at risk for serious depression. (Stern 28)Depression is the result of a complex mix of social, psychological, physical, and environmental factors. Teens with depressed parents are two to three times more likely to develop major depression. Genetic factors play a substantial but not overwhelming role in causing depression. (Dowling 37) Some type of significant loss can be a factor in triggering teenage depression. Loss can be due to death, divorce, separation, or loss of a family member, important friend or romantic interest. Loss can also be more subtle such as the loss of childhood, of a familiar way of being, of goals through achievement, or of boundaries and guidelines. (McCoy 46-48) Gender differences are becoming apparent, with girls having more difficulty with depression. Studies show girls are three times more likely than boys to suffer depression. A university study showed a close link between depression and negative body image and girls are usually more self-conscious about their bodies than boys. (Sol!in 157) The reasons for depression are not always clear-cut. Although some depressed, even suicidal teenagers come from extremely troubled backgrounds with a lifetime of difficulties at home and at school, the vast majority of depressed teens are not without resources, support, or love. They simply find, for a variety of reasons, that theyre feeling overwhelmed by a sensation of hopelessness and helplessness. It is imperative to realize that depression can happen to teenagers, even those who have everything going for them. It can happen to the best and brig htest of young people. (McCoy 27)Its hard to detect depression in teens because its a developmental stage characterized by considerable anger and withdrawal. Adolescents dont necessarily look sad and depressed and its normal for teens to have mood swings but within limits. A depressed teen may cry for help indirectly through troublesome, even destructive behavior and through physical symptoms. For a teenager to admit that he or she needs help feels like regressing back to childhood. To be a teen means to externalize feelings and deal with the world through action. (Arbetter 6) Depression ranks second only to advanced heart disease in exacting a physical toll, measured by days in bed and body pain. Its common for people with depressive disorders to complain about recurring headaches, backaches, chronic fatigue, and insomnia. Being sick can be a binding thing that keeps the teenager tied to parents, if the illness is the only time the teen receives attention and love from their parent s. (Dowling 127) The body may signal what the mind is saying through physical symptoms. The body expresses feelings and conflicts that the teenager is unable to verbalize. Physical ills are often viewed with more importance than emotional pain by parents, teachers, or even the teens themselves. (Papolos 36) Its much easier for adolescents to ask for medical care than for psychological help. They often have a great fear of being crazy or of being thought to be crazy. (McCoy 209) Another serious medical problem that is affecting more and more teens is an eating disor!der. An eating disorder often represents a teenagers attempt to gain some control by engaging in a behavior which can not be regulated by another person. One-third to one-half of patients with eating disorders have a major depressive illness at the same time. (Papolos 72)More than one million teens, most under the age of sixteen, run away from home every year. They are neither adventurous nor rebellious adolescents, but t eens tested and troubled by lifes circumstances. A young girl at a shelter for teenage runaways tries to explain why she has run away from home four times in the past two months. Drawing her blanket around her like a cocoon, the fourteen-year old quietly stares at the floor. Im no good to anyone, I get upset and fuss at home and it causes trouble for everyone. I had to run away to save my parents marriage. Unfortunately, this story is not at all unusual. (McCoy 22) Of the 1.2 million teen runaways in the United States, an estimated 300,000 have little hope or chance of returning home. They often feel things are hopeless and that their parents would never understand. Drug use is on the rise among teens as young as thirteen. According to the National Council on Alcoholism and Drug Dependence, about 4% of high school seniors use alcohol daily, while 92% have tried it. Millions of teens have had adverse experiences caused by excessive drinking. (Elkind 203) Researchers have found that d epressed teens are at particularly high risk for drug and alcohol abuse. Abuse of drugs, alcohol, or other substances are often used to assuage depression. Studies have found that when depressed patients were given treatment, alcohol and drug intake diminished as well. Substance abuse is seen as both a symptom and a cause of depression. (Papolos 66) There is more sexual activity among teenagers today than at any other time in our history. By the time they leave high school, some 90% of seniors are no longer virgins. Sexually transmitted diseases among teenagers have reached epidemic proportions. Eight million young people each year are infected with a sexually transmitted disease. Every thirty seconds, another U.S. teenager is infected. (Elkind 71) Sexual acting-out , which can not only be life-changing, but also life-threatening in this age of AIDS, can become an antidote to the loneliness and isolation many teenagers feel. Sexual activity is often used as an attempt to deal with f eelings of depression, to increase self-esteem by feeling wanted and to achieve intimacy. (McCoy 21)Approximately 3,000 teenage girls in the United States will get pregnant today. An estimated 3 million teenage girls become pregnant each year. Beth is a shy, quiet eighth-grader who is expecting a baby in two months. Beth admits her pregnancy was intentional and she plans to keep her baby because then Ill have someone of my own who will love me for sure. I wont be alone anymore. This illusion of unconditional love, coupled with a lack of insight into the unrelenting demands that the complete dependence of an infant brings leads a number of girls to seek pregnancy.Some teens see parenthood as a way to recapture the joy of childhood they are losing, a way to be loved and important to someone else, or as an antidote to depression. (McCoy 81-82) Suicide among teenagers has skyrocketed 200% in the last decade. If we were talking about mononucleosis or meningitis wed call this an epidemic . (Solin 155) Suicide has become the second leading cause of death among older teenagers. Adolescents are particularly at risk for suicide attempts because they progress through a variety of rapid developmental stages. The seriously depressed teen may often have a sense of hopelessness. Many teens are too immobilized by depression to see any alternatives or to take any positive steps toward change. (Salmans 40) All too often depressed teenagers dont have the experience to know that time heals, that there is always hope. They dont realize that they can survive a crisis and perhaps even learn from it. Life is often seen in absolutes which intensifies any crisis. (McCoy 64)The destructive potential of serious teenage depression can have many long-lasting aftereffects. Having and keeping a baby, getting into trouble with the law, sustaining a serious injury as the result of risk-taking behavior or stunting ones emotional growth by anesthetizing painful feelings with drugs or alcohol ca n have a great impact on ones future. It can prevent a young adult from having a full, healthy, and productive life or make it considerably more difficult to do so. Depression is a growing problem amongst todays teenagers. Depression brings with it many problems that can be self-destructive. If a teenager has the benefit of early intervention and help in coping with his or her depression, however, the life script can be quite different. (McCoy 66-67) Works CitedArbetter, Sandra. Depression: Way Beyond the Blues. Current Health Dec. 1993:4-10. Appearances - A Universal Concern EssayDowling, Colette. I Dont You Mean Have to Feel this Way? New York: Macmillan, 1991Elkind, David. Parenting Your Teenager. New York:Ballantine Books, 1993McCoy, Kathleen. Understanding Your Teenagers Depression. New York: Perigee Books, 1994Papolos, Demitri and Papolos, Janice. Overcoming Depression. New York: Harper, 1987Salmans, Sandra. Depression: Questions you have Answers you need. Allentown, PA: Peoples Medical Society, 1995. Solin, Sabrina. I Did not Want to Live Seventeen Apr. 1995: 155-157Stern, Loraine. I Feel So Sad Womans Day Oct. 1994: 28.

Plant Asset free essay sample

Disposal of Plant Assets 1. Discard Plant Assets 2. Sell Plant Assets 3. Exchange Plant Assets – Exchange with similar assets – Exchange with dissimilar assets Discard Assets A machine costing $9000 with accumulated depreciation of $9000 is discarded on June 5, 2001 Machine 9000 Accumulated depreciation 9000 Accumulated depreciation needs reverse entry General Journal Date Account Title and Explanation PR Debit Credit Discard Assets A machine costing $8000 with accumulated depreciation of $6000 on Dec 31, 2000. It is discarded on July 1, 2001 Machine 8000 Accumulated depreciation 000 General Journal Date Account Title and Explanation PR Debit Credit Selling Plant Asset 3 Types of Selling – Sell at book value – Sell above book value – Sell below book value Sell Plant Asset at Book Value Example A machine costing $16000 with accumulated depreciation of $12000 on Dec 31, 2002. We will write a custom essay sample on Plant Asset or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It is sold on March 1, 2003 for cash = $3000 Machine Accumulated depreciation 16000 12000 General Journal Date Account Title and Explanation PR Debit Credit Sell Plant Asset Above Book Value Example A machine costing $16000 with accumulated depreciation of $12000 on Dec 31, 2002. It is sold on March 1, 2003 for cash = $7000 Machine Accumulated depreciation 16000 12000 General Journal Date Account Title and Explanation PR Debit Credit Sell Plant Asset below Book Value Example A machine costing $16000 with accumulated depreciation of $12000 on Dec 31, 2002. It is sold on March 1, 2003 for cash = $2500 Machine Accumulated depreciation 16000 12000 General Journal Date Account Title and Explanation PR Debit Credit Exchanging Plant Assets Assets Exchange Dissimilar Similar Loss Recognized Recognized Gain Recognized Not Recognized Exchange Similar Asset Gain Example An old equipment costing $36,000 with accumulated depreciation of $20,000 on Dec 31, 2002. It is exchanged on Jan 1, 2003 for new equipment that has fair value =$42,000 by paying more cash = $33000 Machine Accumulated depreciation 36,000 20,000 General Journal Date Account Title and Explanation PR Debit Credit Exchange Dissimilar Asset Gain Example An old equipment costing $36,000 with accumulated depreciation of $20,000 on Dec 31, 2002. It is exchanged on Jan 1, 2003 for new equipment that has fair value =$52,000 by paying more cash = $33000 Machine Accumulated depreciation 6,000 20,000 General Journal Date Account Title and Explanation PR Debit Credit Summary ? ? ? ? ? ? ? Cost of plant assets Lump sum purchase Capital expenditure and Revenue expenditure Depreciation method Partial year Depreciation Revise estimate of salvage value and useful life Disposal of plant assets Practice On July 14, 99 company A paid $600,000 cash to acquire a factory that has land, land improvem ent building and machinery. Appraised value: ? land = $160,000 ? land improvement = $80,000 ? Building = $320,000 ? Machinery = $240,000 Journalize?

The Green Programs Of Marriott International Corporation Tourism Essay Essays

The Green Programs Of Marriott International Corporation Tourism Essay Essays The Green Programs Of Marriott International Corporation Tourism Essay Essay The Green Programs Of Marriott International Corporation Tourism Essay Essay Since 1987, the construct of sustainability was mentioned on a co-ordinated international platform, the motion towards sustainability had been expanded over the Earth. The governmental and non-governmental organisations, corporations and consumers those concentrating on exist in harmoniousness are progressively with the milieus and environmental footmarks. The cordial reception industry besides non exclusion, therefore the sustainability construct had begun to derive the impulse in this industry. ( Ernst and Young, 2008 ) Alison Sperry ( 2010 ) defined that Traveling Green is doing the day-to-day determinations with responsible that benefits to the environment and besides can cut down waste and pollution. This construct besides encourages a life style of recycling, utilizing chemical-free merchandises, utilizing the alternate energy beginnings such as the air current and solar, and cut downing the dependence on fossil fuels for energy. Hotel concerns developed and operated by the ingestion of important sums of natural resources which are affected the sustainability of the natural environment. The field of corporate societal duty ( CSR ) therefore, has grown well over the last decennary due to an increasing figure of companies officially recognizing the impacts they have on the environment, on society and on the economic system ( Jones et.al, 2006 ) . Ernst and Young ( 2008 ) defined that green: non a black and white issue. The travelers that concerned about the environment were progressively and they ever make their ain finding as to what constitutes greenness in the housing industry. Harmonizing to Deloitte Survey ( 2008 ) showed that, consumers, employees and single travelers start to refer more about the cordial reception industry s sustainability. Most of the persons besides start to alter their life styles and accepting higher green criterions for themselves and besides to the companies that they cooperate with. Marriott International has more than twenty-year committedness to get down the environmental saving. The Marriott International is working toward a greener, healthier planet and their operating units are employ methods to protect the milieus of natural and resources ( Marriott, 1996 2010 ) . Every twelvemonth, the Marriott International and its proprietors had spent around 10 billion merely for purchase the merchandises and services for its 3,300 hotels around the universe. Marriott International besides spread outing its green hotels and edifices portfolios. Besides that, about 275 of Marriott s hotels have received the ENERGY STARA ® label from the U.S. Environmental Protection Agency ( Marriott, 1996 2010 ) . Last but non least, Marriott International besides was ranked 42nd out of 100 in The Greenest Big Companies on Newsweek s first-ever list. Furthermore, Marriott International besides gets the 2009 Tourism for Tomorrow Award for Sustainability in the classs of the Global Tourism Business by the World Travel and Tourism Council ( WTTC ) ( Marriott, 1996 2010 ) . The Problem Statement The job of this subject is about how Marriott International. Inc. patterns their traveling green plans in their belongingss. Marriott International Corporation is a taking worldwide cordial reception company ( Marriott, 2010 ) . Presently, Marriott has more than 3100 of lodging belongingss is in the United States and 65 is in other states and districts through 17 housing, and holiday resort ownership trade names ( Marriott, 2009 ) . Marriott Corporation has more than twenty twelvemonth committedness with environmental saving ( Marriott, 2010 ) . In 2007, Marriott formed a Global Green Council, a cross-functional squad of senior executives that collaborated with Conservation International, a planetary environmental organisation, to measure its patterns, set long-run ends, develop an environmental strategic program and catalyse its advancement ( Marriott, 2010 ) . Five-point Environmental Strategy of Marriott International was developed in coaction with Conservation International which are includes ( Marriott, 2009 ) : Reduce Consumption of Water, Waste and Energy Greener Buildings, enlargement of LEED-certified hotels Greening Supply Chain Protecting the Rainforest with Carbon Beginnings Employee A ; Guest Battle Over the last decennary, for, the Marriott International corporate organized the Going Green plans which involved in energy preservation by changed 450,000 of the visible radiation bulbs with fluorescent lighting, installed around 400,000 low-flow of showerheads and lavatories and besides introduced the linens reuse plans in their hotels worldwide ( Marriott, 2009 ) . Besides that, the Marriott s Retro-Commissioning ( MRCx ) plan, be aftering procedure and a comprehensive rating that helps their belongingss which conducted more than 30 of their largest belongingss become as energy efficient as possible ( Marriott, 2009 ) . Through the undertakings to completed over last few old ages and those which presently under manner, Marriott anticipate salvaging 12 million kW of power ( Marriott, 2009 ) . In general, belongingss find that after it implement all the recommendations that evolved from an MRCx appraisal, it energy costs decrease 5 to 25 per cent, they are besides accomplishing on the norm and a payback on their investing in merely 1.4 old ages ( Marriott, 2009 ) . In the Americas, Marriott achieved a 2.2 per cent decrease per available room ( Marriott, 2009 ) . In late 2009, through a partnership with a U.S.-based landscape gardening company, Marriott adopted a climate-specific attack to landscape gardening, utilizing native workss and restricted coloring material pallets to cut down irrigation demands and cut the sum of fertiliser required to maintain workss healthy ( Marriott, 2009 ) . In 2009, Marriott s landfill waste in the USA totalled 726,993 dozenss which reflects a 17 per cent decrease from 2007 ( Marriott, 2009 ) . Additionally, its recycling rate besides was increased to 69 per cent and all the heading quarters waste besides was diverted from the landfill to the waste-to-energy works ( Marriott, 2009 ) . Besides, Marriott spread outing its existing of Reduce, Reuse and Recycle plans that already in topographic point of 90 per cent of hotels which included invitee room and meeting suites ( Marriott, 2009 ) . Forty Marriott International hotels are expected to have the LEED enfranchisement from the USGBC ( USGBC, 2010 ) . In add-on, Marriott international s planetary Headquarters in Bethesda was received the LEED-Existing Building Gold position ( USGBC, 2010 ) . Furthermore, the U.S. Environmental Protection Agency besides had awarded Marriott International for three following old ages with its Sustained Excellence Award and more than 275 of its hotels besides placed the ENERGY STARA ® label ( Marriott, 2010 ) . Marriott has teamed up with many Corporation or organisations to assist them back up their attempts to continue and protect the environment ( Marriott, 2009 ) . For case, Amazonas Sustainable Foundation ( FAS ) , Conservation International, ENERGY STARA ® , International Tourism Partnership ( ITP ) , and U.S. Green Building Council ( USGBC ) . The Marriott s protecting the rainforest scheme is aid to protect 1.4 million of estates in endangered rain forest for the Juma Sustainable Development Reserve ( Marriott, 2009 ) . Research Questions The followerss are some cardinal inquiries addressed by his research: Is the Marriott International had practiced the traveling green? How the Marriott International practiced the traveling green in this industry? Why the Marriott international will practise the traveling green? What degree of traveling green plans of Marriott International? What differences between Marriott International s traveling green plan with other companies? Does the traveling green plan addition the income of Marriott International? Research Aims To reply the above research inquiries, this survey seek to carry through the undermentioned aims: To look into traveling green practiced among all Marriott International s belongingss. To find how the Marriott International practiced the traveling green. To find the grounds of Marriott International practiced the traveling green. To analyze the degree of traveling green practiced among all Marriott International s belongingss. To compare the degree of traveling green with other companies. To find the advantages and disadvantages of traveling green in Marriott International. To specify the relation between cordial reception industry and CSR. Theoretical/ Conceptual Framework Conceptual Model Marriott International. Inc. Traveling Green s Programs The schemes and plans of traveling green in Marriott International. Inc. Identify the construct and construction of CSR in cordial reception industry. The Actions that patterns by Marriott International corporate. Theoretical Model This research largely searches on the Marriott International Corporate rehearsing the degree of traveling green in most of their belongingss. The ground why Marriott International become celebrated in traveling green plan because their organized a batch of events or activities to greening their companies. In the cyberspace or newspaper, we can see that Marriott International corporate organized a batch of activities in rejuvenation and acquire a batch of award internationally in greening plan. Besides that, their besides is one of the celebrated go green corporate in the universe. Furthermore, the traveling viridity is non easy to patterns in the companies because it need a batch of resources to do it truly work. Scope and Restriction This survey was carried out among all Marriott International in traveling green plan. The Marriott International, Inc. s operations are grouped into the five concern sections which are North American Limited-Service Lodging, North American Full-Service Lodging, Luxury Lodging, International Lodging and Timeshare. This survey besides for defined the degree of spell green in Marriott International Corporate by Corporate Social Responsibility ( CSR ) . Significance of the Study The important of this research proposal is to measure the degree of traveling green activities that patterns or organized by Marriott International Corporate. Harmonizing to The New York Times ( 2009 ) , the Marriott International announced that they would no longer present newspapers to every guestroom in the forenoon. They merely will present to which guest suites had requested a newspaper or can pick one up in the anteroom. Although that alteration is arguably every bit much about salvaging money more than salvaging trees. Marriott had assessed that it would cut down the newspaper distribution at its hotels to about 18 million merely yearly. Furthermore, this research is for acknowledge people around the universe to cognize how of import and advantages of traveling green in cordial reception industries now a yearss. Now, most of the cognition people are aiming the rejuvenation companies to collaborate with than normal companies. This is why more and more companies traveling to rehearsing greening in their company because followed by the tendency of all around the universe. Chapter TWO Literature Review 2.1 Introduction The literature reappraisal will get down with an indispensable apprehension of the cardinal points needed in order to carry through the purpose of the undertaking. The research will be analysed in the literature to assist build an academic construction on the definition and construct of Corporate Social Responsibility ( CSR ) . The literature will besides measure the intent of sustainable development in the cordial reception industry and its advantages and restrictions. One country which has been peculiarly analysed is the traveling green programmes that pattern by the cordial reception industry as it contains most of the cardinal countries. Furthermore, the literature reviews besides analyzing the positions, theories statements and positions of old writers for appraisal. The literature reviews besides will eventually execute as a beginning with which to analyze the differing positions on these cardinal points place spreads for statement and highlight key issues associated with trave ling green programme in cordial reception. 2.2 Corporate Social Responsibility Definitions and Concepts The field of corporate societal duty ( CSR ) has grown well over the last decennary due to an increasing figure of companies officially recognizing the impacts they have on the environment, on society and on the economic system ( Jones et.al, 2006 ) . CSR issues are now being combined into all parts of the concern operations. CSR is made in the missions, visions and value statements of companies all around the universe ( Ofori and Hinson, 2007 ) . Definitions of corporate societal duty ( CSR ) have, nevertheless, remained an country of deliberation from the constructs really beginnings. A assortment of definitions have been framed. The Commission of the European Communities, Brussels ( 2001, p.6 ) defines CSR as: aˆÂ ¦a construct whereby companies integrate environmental and societal concerns in the concern operations and in their interactions with their stakeholders on a voluntary footing. Therefore, CSR is non merely fulfilling legal duties but may besides travel beyond conformity to encompass wider societal, environmental and economic ends ( Brussels, 2001 ) . The construct of CSR is one which has emerged over the last 50 old ages to busy a important function in certain facets of organizational theory and has merely been in broad usage since the 1960s ( Meehan et al. , 2006 ) . CSR was finally recognised as concerns that are portion of society and have the possible to do a positive impact to the societal ends ( Jones et al. , 2006 ) . CSR hence seems to be synonymous with charitable and voluntary Acts of the Apostless by concern administrations designed to better societal accomplishments. Conversely, Donaldson and Preston ( 1995 ) believe that concerns are non responsible to society but responsible to their stakeholders and position CSR from this position. Furthermore, one of most cited definitions of CSR is defined by the World Bank ( 2003 ) , which defines CSR as the duty of concerns to lend to the sustainable economic development which working with internal stakeholders, the local community, and society to better the quality of life which is positive for concern and development. The similarity among these different definitions of CSR is that companies should prosecute in CSR behavior as portion of their organizational scheme. Bevan et Al. ( 2004 ) list nine possible benefits of CSR which include reduced operating costs ; improved profitableness and fiscal public presentation ; enhanced capableness to introduce ; better hazard and crisis direction ; long-run sustainability for companies and the work force ; improved staff committedness and engagement ; good dealingss with authorities and society ; enhanced repute and trade name value ; and enhanced client relationships and increased consciousness of client demands. 2.3 The Sustainability Development of the Hotel Industry International Tourism Partnership ( 2010 ) defines the term green in concern as ab initio related to the environmental issues. It besides has evolved to include all facets of corporate societal duty ( CSR ) and sustainability. Sloan et Al. ( 2009 ) specify a sustainable cordial reception operation as one which manages its resources in such a manner that economic, societal and environmental benefits are maximised in order to run into the demand of the present coevals while protecting and increasing chances for future coevalss. Harmonizing to Green Hotels Association ( 2010 ) , Green Hotels have gained a bridgehead in lodging operators part to society s concern for the environment which focuses on programmes which are designed to cut down solid waste, save H2O and salvage energy. Programme constituents such as towel rack hangers and sheet-changing cards have achieved positive responses by hotel direction staff every bit good as invitees for over 10 old ages. The UK hotel sector would look to accept that it does hold an impact on the environment ( Brown, 1996 ) . This is non merely confirmed by explorative research but besides through the formation of the International Tourism Partnership ( ITP ) . The ITP has published an environmental magazine, the Green Hotelier , whose readership cares about environmentally and socially responsible hotel behavior as focused on positive sustainable travel and touristry development ( International Tourism Partnership, 2010 ) . Harmonizing to research by the Carbon Trust ( Green hotelkeeper, 2010 ) , lifting energy monetary values and revenue enhancements are the biggest concerns confronting the British cordial reception industry in 2010. This position is supported by Alexander and Kennedy ( 2002 ) who find that the most uneconomical and dearly-won of resources usage in hotels are normally in the ingestion of over H2O use, non-renewable energy and besides the overall wastage. 2.4 The province of CSR within the Hospitality and Tourism Industry The province of CSR within cordial reception and touristry endeavors may be somewhat different from that in other concerns. Since 1992, the tendency in the cordial reception and touristry industry has been to concentrate on environmental concerns, usage of engineering, and efficient usage of energy ( Henderson, 2001 ) . European cordial reception administrations have established two enterprises that improve CSR in the European cordial reception sector which are European Federation of Food and Agriculture and Tourism Trade Unions ( EFFAT ) and Green Hotels ( Holcomb, 2007 ) . In 2004, the EFFAT and the Confederation of National Associations of Hotels, Cafes and Restaurants in Europe drafted the understanding parametric quantities for employers to subscribe a joint papers on CSR, refering working conditions, wage, equal chance, preparation, wellness and safety, and restructuring ( The European Agency for Safety and Health at Work, 2008 ) . These combined actions would look to demo th e cordial reception industry s acceptance of and committedness to socially responsible behavior as opposed to externally derived governmental conformity directives. 2.5 Green enterprises, inducements and green wash Nunes and Bennett ( 2010 ) list two classs of green enterprises that are operational in the market place. First, concerns focus on incorporating green characteristics into the design or features of single merchandises, for case, developing a wash detergent that is eco-friendly. Second, larger proportions of resources have been committed to decreases in the sum of waste generated and energy used, and besides to constructing green and restricting CO2 emanations from production. In a major survey, Alexander and Kennedy ( 2002 ) suggest a Zero Waste Approach that includes energy efficiency, H2O preservation and solid waste decrease, which can increase efficiency, provide cost nest eggs, cut down the load of extraction from and waste to nature, and let more resources to be available. This position is supported by Nunes and Bennett ( 2010 ) who suggest that, ideally, green behavior should travel beyond merely making a reclaimable merchandise to a more holistic incorporation of sustainable values into a corporation s nucleus rules and values. Bohdanowicz et Al. ( 2005 ) finds that the handiness of facility-specific informations and entree to information on the relevant best pattern are indispensable for measuring and benchmarking the environmental public presentation of hotel installations. Alexander and Kennedy ( 2002 ) suggest an option for conserving energy which is implement energy-efficient undertakings in infinite warming and chilling systems. For case, The Hyatt Regency International Hotel in New Zealand developed a undertaking to associate energy usage with room tenancy which has saved $ 14,000 of energy yearly ( Hyatt, 2010 ) . Alexander and Kennedy ( 2002 ) suggest that low-flow shower caputs and tap aerators are some options for H2O preservation, which are going common among hotel installations, and the payback period can be three old ages depending on the extent of the undertaking. For case, Green Hotels Association ( 2010 ) observed H2O usage in the La Quinta Inn, San Antonio that had saved 180,000 gallons of H2O per twelvemonth by put ining ultra-flow lavatories, low-flow shower caputs and air outing lights-outs in each room. In add-on, Priesnitz ( 2008, p.14 ) defines greenwash as: aˆÂ ¦.the Acts of the Apostless of misdirecting consumers sing the environmental patterns of a company or the environmental benefits of a merchandise or service . Whellams and MacDonald ( 2007 ) label the corporations as greenwashers if they spend more on corporate image advertisement that boasts about human-centered programmes than on the programmes themselves, for case, charities, contributions or parts. Greenwashing can hold fatal effects on a company s trustiness. This position is supported by Priesnitz ( 2008 ) who points out that non merely are a house s clients deceived, but, that greenwashing can besides destroy relationships with all stakeholders. 2.6 Case survey of Accor and Hilton Based on their entire room figure and location of their hotels, the two hotel groups selected for instance survey were Accor Hotel Group ( Europe ) and Hyatt Corporation ( USA ) , being in 2009 the top 10 hotel groups in UK ( Caterersearch, 2010 ) . Marriott International Corporate besides is one of the top 10 hotel groups in UK. A Company Number of hotels Number of suites Number of hotels worldwide 1 Whitbread Hotel Company 577+ 40,000+ 580 2 Intercontinental Hotels Group 248 34,955 4,200 3 Travelodge ( DubaiA International Capital ) 372 23,150 380+ A 4 Accor Hotels 138 19,996 4,000 5 Hilton Hotels Corporation 78 16,566 3,200 A 6 BestA Western 285 15,305 4,035 A 7 Wyndham Worldwide 122 12,274 7,000 8A Marriott Hotels 58 12,015 3,200 A 9 CarlsonA Hotels WorldwideA 50 9,718 1,030 10A TheA Rezidor Hotel GroupA A 42 7.759 380 Table 1: Top 10 Hotel Groups in the UK, 2009 by figure of sleeping rooms. ( Caterersearch, 2010 ) Accor Group Hotels Accor presently manages 4,100 hotels under 13 different trade names worldwide ( Accor, 2010 ) . The doctrine of Accor Corporation is regard for diverse civilizations and integrating environmental best patterns in all its belongingss operations ( Accor, 2010 ) . The ends of their Earth Guest programme, launched in 2006, are to cut down H2O and energy ingestion, promote balanced nutrition and to duplicate, in three old ages, the figure of hotels that offer fair-trade merchandises ( Accor, 2010 ) . The programme is divided into two parts which are a societal duty development country ( EGO ) and an environmental duty development country ( ECO ) ( Accor, 2010 ) . EGO is includes programmes for local development, the protection of kids, combating of epidemics and the publicity of healthy feeding. Besides that, the ECO is includes the decrease of H2O and energy use and the saving of biodiversity, every bit good as the upgrading of waste sorting and recycling ( Accor, 2008 and 2009 ) . The Hotelier s Environmental Charter is Accor s internal benchmarking tool and provides the local hotel directors with guidelines for environmentally sustainable concern patterns. Harmonizing to the World Travel and Tourism Council ( 2010 ) , the 88 % of 4,000 Accor s belongingss has adopted Hotelier s Environmental Charter. The Charter gives hotel directors and employees clear instructions on how resources can be saved in the countries of energy, H2O and waste ( Accor, 2008 ) . The first and 2nd point of Hotelier s Environmental Charter considers is energy and H2O ( Accor, 2010 ) . Compact fluorescent visible radiation bulbs are used in 82 % hotels for countries that remain light 24 hours a twenty-four hours ( Accor, 2010 ) . Accor besides continued to advance the usage of renewable energy beginnings, put ining solar-powered hot H2O systems in 32 hotels in 2009, with a sum of 99 hotels now equipped worldwide ( Accor, 2009 ) . Accor is actively involved in H2O preservation steps and H2O use per occupied room, sum was reduced 4 % between 2006 and 2009 ( Accor, 2009 ) . Furthermore, flow-regulators have now been installed in showers and spigots in 89 % of hotels ( Accor, 2009 ) . Accor actively promotes waste screening and recycling every bit good as eco-designed merchandises for case, 51 % of hotels recover paper, composition board and glass ( Accor, 2008 ) . Accor has improved its public presentation in waste direction by manage with a dedicated waste direction faculty that monitor the sum of waste produced per room, the recovery rate and the cost of waste disposal ( Accor, 2009 ) . Waste Traceability chiefly concerns the separation of waste, where the company already achieves a high mark in France owing to its proactive information policy ( Accor, 2008 ) . Harmonizing to Accor ( 2010 ) , their hotel prefers eco-labelled providers. In 2002, Accor dispatched an environmental buying charter to its buying administrations every bit good as to over 2,000 preferable providers ( Sloan et al. , 2009 ) . Hilton Hotels Presently, Hilton Hotels Corporation has more than 3,200 hotels and 525,000 suites in 77 states. In 2009, Hilton is new planetary central office in McLean, Virginia which meets the highest environmental criterion for his design, operation and building ( Environmental Leader, 2009 ) . Besides that, the sustainability mark that aims in coming 2014 by Hilton Hotels was announced. Those include: 20 per cent: Reducing energy ingestion from direct operations ; 20 per cent: Reducing end product of waste ; 20 per cent: Reducing CO2 emanations ; And 10 per cent: Reducing the H2O ingestion. Furthermore, Hilton had already started to green its belongingss operations. Hilton says that it was reduced CO2 emanations in Hilton hotels that take parting by more than 64,000 dozenss or 56 per cent of its C footmark. Those are from the debut of carbon-free electricity at its belongingss in the United Kingdom and Ireland. Furthermore, they besides said that, it has besides reduced around 10 per cent in over the last two old ages for the H2O ingestion and energy use. Hilton Hotels besides reported that, in May it has delivered more than 10 per cent in last twelvemonth of energy nest eggs which across more than 80 hotels in the Europe. Drumhead In 2007, the Association of Corporate Travel Executives had conducted a study which showed that, merely 1/3 of corporate travel policies had promoted the sustainable touristry. Most of the major hotel ironss are looking the ways to take part in green construct to their hotels ; the H2O and energy preservation became popular ways to greening. Therefore, Marriott International has set their end to take downing the GHG emanations around 2.2 million lbs by 2010 which said by Ed Fuller- the president and pull offing manager of Marriott. Besides that, Wolfgang Neuman of Hilton Hotels besides looking toward the eco-friendly in solar warming, air-conditioning and heat recovery systems to pull out the H2O waste from another system and utilize it in other ways in short term period. Equally good as the 200 of Accor s hotels in France will hold Solar Panels by 2010. Chapter THREE Methodology 3.1 Introduction In this research, in order to obtain the wide of cognition about environmental runing practise in the hotel industry, a broad scope of secondary beginnings will be reviewed. In add-on, research scheme adopted was to carry on multiple instance surveies in two top hotel and Marriott companies in Europe and the USA. The chief informations aggregation techniques used in this research survey was certification analysis and content analysis. This chapter is divided into three subdivisions. First, the interpretative stance in the field of information system is examined ; 2nd subdivision is about the building of the secondary research design which deals with the research design and covers the grounds for choosing resources ; 3rd subdivision is describes the research attack followed in instance survey research. 3.2 Research Design Presently, the secondary literatures have increase quickly, peculiarly as new resources which are developed or ready through the cyberspace ( Saunders et al. , 2009 ) . In this research undertaking, secondary research will let the research to integrate suited and dependable informations of green operation enterprise in cordial reception, so that all the gathered informations can react to the research inquiries associating to the green activities of hotel in Europe and the USA. Secondary research differs from primary research in the aggregation of the docudrama is non the duty of the analyst. Stewart and Kamins ( 1993 ) was point out that the analyst enters the image after the informations aggregation attempt is over in secondary research. On the other manus, in primary research, the analyst is responsible for the design of research, the aggregation of informations and the analysis and sum-up of the information ( Stewart and Kamins, 1993 ) . Secondary informations although, has deficiency of direct control of the day of the month, type, and process for roll uping and recording of the informations ( Sauder et al, 2009 ) , nevertheless, secondary information is more fiscal and clip economy. For case, secondary informations peculiarly non necessary to wait for or pay to marketing research workers for a research undertaking to roll up primary informations. By utilizing secondary informations, writer can has more clip and attempt in analyzing and construing the information, as it has already been collected. Secondary research moreover may increase the quality of the research by aiming the existent quandary and errors. Consultation on secondary resources increases the efficiency of the research by aiming existent spreads and inadvertences in cognition. Primary research therefore has non been used in this undertaking due to the broad assortment of secondary informations has been found. Primary research methods such as, questionnaires or interviews will non supply relevant information for this subject. On this footing, it can be concluded that secondary research is the chief beginning of information provided in this survey including information from academic diaries, books, corporate studies and cyberspace. Nevertheless, writer should analyze carefully the information gathered to find its cogency and dependability. This is because the research merely uses one sort of research theoretical accounts and the statement generated about research subject. 3.3 Beginnings of Datas 3.3.1 Secondary Data Secondary research informations is the cardinal resource of information incorporate in this research proposal. However, the different secondary resources might hold different type of information. A guideline for obtain valid and dependable information from different resources hence, has been designed which can establish in Table 2. Type of information Resources that might hold that information Established facts and figures Reference books ; official publications ; authorities web sites General information on a subject Books of gathered articles ; text books ; net sites of relevant administrations Reappraisals of the literature on a subject Journal articles ; books of gathered articles Publications of recent research consequences Journal articles ; proceedings of conferences Professional and academic arguments Journal articles ; net sites of relevant administrations ; newspapers Table 2: The types of resources that provided different information. In order to warrant the writer s statements and offer a scope of information about the research subject, secondary informations such as academic diaries, books, corporate study and the cyberspace besides have been used. The academic diaries have presented different positions and doctrines of Corporate Social Responsible ( CSR ) construct and environmental operating practise in cordial reception. The Diaries such as the International Journal of Contemporary Hospitality Management , Cornell Hospitality Quarterly and Journal of Culture, Tourism and Hospitality Research exemplify some research surveies that have been conducted refering the green operation enterprise in hotel industry. All the relevant information gathered from these diaries will be analysed and used to measure the degree of traveling green plans of top hotel companies. However the diary ever assembled to research purposes that differ from the current research ; hence, informations and complex statements has to be carefully evaluated, every bit good as understood and interpreted. The information in books is usually written in more well-organized and accessible manner which will assist to clear up the research inquiries and aims. In this research, text book is seldom used due to insufficient related books in library about sustainability in cordial reception. Sustainability in the Hospitality Industry by Sloan, hence, is the lone book that used to acquire elaborate information about sustainable development and green wash issues in cordial reception industry. On the other manus, the cyberspace and corporate one-year study besides had provided plentifulness of updated information. The information about green plan in hotels could be easy collected on cyberspace or diary without an existent visit or interview. However, there are mass of information resulted in false leads, hence, the research worker should believe carefully to see the dependability of the information. 3.4 Sample Techniques In this research proposal, a written analysis was showed to make a contextual apprehension of the CSR and Sustainability Development within the cordial reception industry. Relevant information were found and analysed. The related information which is included the Corporate Social Responsibility ( CSR ) construct, sustainable development in cordial reception, and green wash context, every bit good as green enterprises operational in the market place ; and environmental betterments activities practised in hotels. An analysis was conducted by developing an lineation from three constituents of the environmental operating practise which are Environmental Management System ( EMS ) , Certification and labelling strategies, and A Zero Waste Approach. This lineation was used to analyze the information that found when treatment of the instance surveies analysis within Marriott Corporation, Accor Hotel Group and Hilton Corporation. The research method employed within the survey of Marriott Corporation, Accor Hotel Group and Hilton Corporation is the Case Study. This is basically qualitative in nature, although some surveies have tried to unite a multiple case-study attack with quantitative analysis. To mensurate these Hotel groups making the Sustainable Development in their belongingss, a content analysis of companies web sites, one-year studies and societal responsible studies available on the Internet was conducted. These hotels groups maintain their companies web sites and supply information sing the sustainable development issues in PDF format, besides the papers of their one-year study and societal responsible study. The case-study attack to the Marriott Corporation, Accor Corporation and Hilton Corporation will enable the clear trial of the Environmental Operating Practise that being practised by those hotels group. The advantages that offered by this case-study will enable extended the environmental betterment activities to be identified within those Hotels Group as a whole. Possibly most significantly, these instance surveies tend to be selective, concentrating on one or two issues that are cardinal to the system being studied. 3.5 Statistic Treatment of Datas In order to happen the statistics for this research proposal, the faculty in Quantitative Method had been used which are Correlation and Regression. The correlativity was used is to find the relationship between three corporate which are Marriott International, Accor and Hilton. Besides that, the arrested development besides will be used to analyze the relationship between green enterprise, inducement and besides the green wash.

Strategy Essay Example | Topics and Well Written Essays - 250 words

Strategy - Essay Example Then in 1998 it further modified with its ‘Two transformation’ strategy which basically meant shifting from a mainly global shipping industry into a global logistics carrier and also, from a cross-border company to a multinational conglomerate (Zhang, Liu and Lorange, p.745). The path that the company has taken has revolutionized the way it has achieved success but this did not come as an easy task, instead this is most apparent in its diversity of operations that almost seem impractical. From a shipping carrier, it has verged into other allied enterprises such as international shipping, terminal operations, shipbuilding and repair and logistics. But aside from this, they also have interests in unrelated undertakings like banking, financing and others. This multiplicity has mostly been possible because of its characteristics as a state-owned enterprise. It would be more practicable as a measure of system integration for COSCO to delineate its focus on its core businesses in convergence with allied ventures. As it is, COSCO is standing resembling something almost near to a deck of cards with billions at stake in its numerous operations. To receive optimum result, each sector must be integrated to the others by forming a network of sub-entities coming together through the core objectives that distinctly makes it within the ambit of the COSCO brand. This poses somewhat a difficulty in the current number of networks within the vast corporation but this is a necessity to secure the sustainability of the corporation that it will not only be able to overcome the cyclical pattern of industry one step at a time but also to create a highly sustainable customized strategy to its own benefit towards further and perpetual