Tuesday, December 31, 2019
Analysis Of John Milton s Paradise Lost - 1767 Words
During the mid to late 1600s, England was going through a period of change and controversy. This period of change was brought on as a result of the English Civil War and the government put in place afterwards, the Protectorate. Under the Protectorate, Oliver Cromwell, a military commander against the king during the civil war, was able to disguise his military dictatorship as a commonwealth. It was this government that won the support of the writer John Milton. Milton was known for his rhetorical writings against Charles I and for Oliver Cromwell at the time. It would not be until after the fall of Cromwell that Milton would complete his greatest work of literature however. When the Protectorate fell and Charles II rose to power in 1660, Milton was forced into hiding for fear that he would be punished for his involvement with Cromwell. This would actually benefit Milton for it was when he was in hiding that he was able to complete his great work, Paradise Lost, even though he was bli nd. In Paradise Lost Milton recants the tale of Satanââ¬â¢s struggle, after being exiled from heaven for leading a revolt against God, and the lives of Adam and Eve. Throughout the epic, Satan journeys to both Earth and Eden in attempts to ruin all that God has worked to build. What Satan is unaware of however is that God knows all that he is doing and allows him to continue on his quest. This raises the timeless inquiry as to whether or not we possess free will and if so to what extent are theShow MoreRelatedAnalysis Of John Milton s Paradise Lost 1852 Words à |à 8 Pagesliterary merit. Do not merely summarize the plot. (2010 AP Literature and Composition) Disobedience and Exile an Analysis of Satan from Miltonââ¬â¢s Paradise Lost John Miltonââ¬â¢s epic poem, Paradise Lost, has been the subject of criticism and interpretation through many years; these interpretations concur in that Adam and Eve are the sufferers of the poem, and it is their blight to lose Paradise because of their disobedience; however, their exile is merely a plight brought by Satan, and it is he who suffersRead MoreAnalysis Of John Milton s Paradise Lost Essay2201 Words à |à 9 PagesEveââ¬â¢s story arc in Paradise Lost, by John Milton, is a bildungsroman, the German word for a ââ¬Å"novel of education.â⬠Eve develops through the five stages of a typical bildungsroman character, as demonstrated by several different works from the genre. It will be useful to discuss several different bildungsromans from different eras and regions to fully determine the necessary characteristics of a bildungsroman, like The Odyssey, To Kill a Mockingbird, David Copperfield, Adventures of Huckleberry FinnRead MoreAnalysis Of John Milton s The Of Paradise Lost 1122 Words à |à 5 Pageshumankind could be considered heroic according to well-known author John Milton. Book IX of Paradise lost portrays this sense of heroism through the sins of Adam and Eve, but also creates a sense of controversy through the unexpected personality swap between Satan and of God. This literary work is a major contribution to biblical and literary history; therefore a reason why this work is still read today. The poem must turn tragic, and Milton asserts his intention to show this great fall is more heroic thanRead MoreAnalysis Of John Milton s Paradise Lost 1499 Words à |à 6 Pagesbeing, an epic hero if that being has done what is required. In John Miltonââ¬â¢s, ââ¬Å"Paradise Lostâ⬠, the character of Satan presents itself as an epic hero, Milton tests that the character of Satan forces the reader to consider the possibility that Satan may actually be a hero, or at the very least, a character worth seeing in a more complex light. This along with the following examples are all showing how the character of Satan in ââ¬Å"Paradise lostâ⬠, can be view and is viewed as an epic hero thought the novelRead MoreAnalysis Of John Milton s Paradise Lost 1071 Words à |à 5 Pages Writing AP Exam Essays Advanced Placement English Literature Composition Name Juan Linares Major Work Data Page Paradise Lost Writer/Nationality John Milton/ UK 1608-1674 Theme/Meanings of the work as a whole Disobedience plays a key role in the unfolding of Miltonââ¬â¢s poem. Satan disobeys God because God gave him free will, and causes Eve to disobey Adam, to disobey God. Justification of God. Death must happen to the world but because of the Son, DeathRead MoreAnalysis Of John Milton s Paradise Lost 1035 Words à |à 5 PagesSatan is the first figure to speak in Miltonââ¬â¢s poems in Paradise Lost. His words to Beelzebub are the sort of utterances a politician would make to his party members after a defeat. It combines convincement with the virtue of emotional manipulation. Satanââ¬â¢s words shift like a dream from expression of grief and sympathy to the restatement of united defiance, to which Beelzebub replies unconsciously. Milton creates this shift so subtly that it is hardly noticed and highlights through this that theRead MoreAnalysis Of John Milton s Paradise Lost 869 Words à |à 4 PagesIn his epic, Paradise Lost, Milton entertains the reader with his version of how one of the greatest falls of humanity occurred. Although many would consider God or Adam and Eve as the main characters in a story like this, the main character of this epic is truly Satan. Satan is shown as a strong and powerful character who is completely overwhelmed with emotions which create a type of hell in his mind; even when he is in heaven, he cannot escape his true life. Satanââ¬â¢s desire for vengeance on Godââ¬â¢sRead MoreAnalysis Of John Milton s Paradise Lost 1606 Words à |à 7 PagesIn books one, two, four and nine of Paradise Lost, Milton portrays Satan as heroic, introducing freedom and reason to the minds and lives of humanity. Satan allows his subservient fallen angels, as well as Adam and eve to recognize authority, reason and the true meaning of freedom. The beginning of the story is told through Satanââ¬â¢s point of view, making him the first empathetic character the reader is introduced to. From the very beginning of Book One, Satan explains how him and other fellow angelsRead MoreAnalysis Of John Milton s Paradise Lost1442 Words à |à 6 Pages(Name) (Instructor) (Course) (Date) Heroism in John Miltonââ¬â¢s Paradise Lost There are many definitions of a hero, and establishing the hero in John Miltonââ¬â¢s Paradise Lost has been object to scholarly debate. One definition of a hero is that by Aristotle, who defined a hero as a person who is divine and superhuman. However, other definitions encompass the aspect of virtue in heroism. Despite all the definitions for a hero, it remains factual that a hero would be someone that the readers would delightRead MoreAnalysis Of John Milton s Paradise Lost 1253 Words à |à 6 Pages Students often read John Miltonââ¬â¢s works with great difficulty; he is determined to have his audience know his goals and how important his writing is through epic metaphors and masterful language. In Paradise Lost, he tells his audience that this will the epic to end all epics and that this is the most important tale of all mankind: the fall of Man. Comparatively, Alexander Pope used the same style of epic not to tell an important tale, but to question much of the life of ar istocracy in his time
Monday, December 23, 2019
examples of classification paragraph about nursing
PARAGRAPH DEVELOPMENT The English paragraph can be divided into three sections: INTRODUCTION, BODY, and CONCLUSION. The INTRODUCTION briefly states the content of the paragraph and enables a reader to establish his expectation of what is to come. THE BODY is the main part of the paragraph, which is developed sequentially. THE CONCLUSION, the writer summarizes what he has already discussed in the main part and finishes his presentation of the idea. The following paragraph is an example. Sample Paragraph: Although the New Testament writers used the popular language of their day, they often achieved great dignity and eloquence. Convinced of the greatness of their message, they often wrote naturally and directly, as earnest men mightâ⬠¦show more contentâ⬠¦(Johnston and Zukowski / Faust 1981:42) 2. Cause and Effect. A paragraph developed by cause and effect shows the relationship between two statements; that is, one element results from the other. In the sample paragraph below, by listing many physical conditions and concomitant behaviors, the writer shows how climate affects the culture of a country. That is, The topic sentence Climate affects the culture of a country is developed by Supporting Sentences illustrating effects. In this style of development, the writer can list several effects resulting from one cause, as in the sample paragraph below, or he can list several causes to support one effect. Sample Paragraph Climate affects the culture of a country- Men must learn to live within the limitations of their environment, and climate is an important part of the physical environment Life in a tropical country is less strenuous and more casual than it is in a temperate one. Men work shorter hours and less vigorously in a hot climate. They cannot play hard either. They tire easily- They can relax by reading, by sipping cool drinks, or by listening to soothing music. They must try to conserve their energy. The wisest ones learn to respect the demands of Nature. (Friend 1971:43) 3. Comparison and Contrast. A paragraph developed by comparison and contrast identifies the similarity or difference between two items by pointing out severalShow MoreRelatedA Goal Makes Us Become A Better Person1298 Words à |à 6 PagesThere are independence life, good hospital to practice the mission of nursing, and have a strong relationship. All of them sound really easy, but I do not think I cannot do all of them if I do not have a good plan because ââ¬Å" a goal without a plan is just wish.â⬠Among of three goals, practice the mission of nursing is my number one goal, so what is the mission of nursing? ââ¬Å"BRN Turns 100â⬠by Hedy Dumpel is a short article about how nurses are important to public health. This article introduced theRead MoreIdentify the stages of the Nursing Process and the skills essential to the Nursing Process1672 Words à |à 7 PagesThe nursing process is a five stage systematic framework, and based on the problem solving approach; it forms the foundation for nursing practice to facilitate focussed, individualised care planning for patients (Yildirim and Ozkahraman 2011). This assignment will serve to identify the five stages of the nursing process: Assessment, Nursing Diagnosis, Planning, Implementation and Evaluation. The skills: Communication, Observation, Critical Thinking and Reflection involved within the nursing processRead MoreMyra Levine6543 Words à |à 27 PagesSOUTHEAST MISSOURI STATE UNIVERSITY College of Health Human Services Department of Nursing COURSE: NS-600 COURSE TITLE: Theoretical Foundations for Nursing Practice (3 credits). FACULTY: Elaine Jackson, PhD, RN Crisp Hall ââ¬â 319 573-651-2871(O) 243-2049(H) 450-2757(Cell) Read MoreThe Human Papillomavirus (HPV) Vaccine Essay example1585 Words à |à 7 Pagesgeneral cultural conservatives take issue with vaccinations against any communicable diseases that are acquired sexually or through drug use. These are essentially the same arguments that have always been used to object to vaccinations of all classifications as well as a myriad of other medical treatments like blood transfusions from some religious corners since the founding of medicine itself. The internet has also added to the nature of the current debate because it enables very large scaleRead MoreThe Natural History of the Galapagos Written by Ian Thornton1150 Words à |à 5 Pagesthe Galapagos Islands Darwin had noticed a specific breed of birds, these birds were known as the Galapagos Finches. What Charles had specifically noticed about the Galapagos finches was that the finches were made up of many different species; it was obvious that these birds were all related but each species had a specific variation. For example the birds would have different sized or shaped beaks. From this Darwin noticed that each separate groups of finches had separate habits, specifically eatingRead MoreThe Revolution Of Texas Revolution1550 Words à |à 7 PagesSan Antonio. In December a volunteer force led by Ben Milam defeated the Mexicans and forced them to surrender and later to retreat to the south, across the Rà ½o Grande. After taking San Antonio, many Anglo-Americans returned to their homes, leaving about 150 men in the town, many of whom were volunteers from the United States. Despite rumors that Santa Anna had amassed troops at the Rà ½o Grande, most Texans believed that he would wait until late spring before invading Texas. On February 23, 1836, howeverRead MoreThe Rise Of The Media1550 Words à |à 7 Pagesespecially prevalent among women. An aspect of this phenomena is that what is preserved as ââ¬Å"healthyâ⬠changes over time, and does not always align with what the media considers to be ââ¬Å"healthy.â⬠Therefore, the World Health Organizationââ¬â¢s most recent classification of health is, ââ¬Å"a complete state of physical, mental and social well-being, and not merely the absence of disease or infirmityâ⬠(ÃÅ"stà ¼n Jakob, 2009). When there are several tends and fad-diets occurring, it is important for women to maintain aRead MoreEvidence Based Nursing Essay3578 Wor ds à |à 15 PagesStudy of Nursing Student Experiences of Clinical Practice Farkhondeh Sharif1 Sara Masoumi2 1Psychiatric Nursing Department, Fatemeh (P.B.U.H) College of Nursing Midwifery Shiraz University of Medical Sciences, Zand BlvD, Shiraz, Iran 2English Department, Shiraz University, Shiraz, Iran Published 9 November 2005à [pic] Abstract Background Nursing students experiences of their clinical practice provide greater insight to develop an effective clinical teaching strategy in nursing educationRead MoreThe Four Foundation Health Measures That Serve As An Indicator Of Progress Towards Achieving The Goals Of Hp1743 Words à |à 7 Pages1. According to the ââ¬Å"About Healthy Peopleâ⬠section, what are the four foundation health measures that will serve as an indicator of progress towards achieving the goals of HP? (4 points) The four foundation health measures that serve as an indicator of progress towards achieving these goals: â⬠¢ General Health Status â⬠¢ Health-Related Quality of Life and well-being â⬠¢ Determinants of health â⬠¢ Disparities 2. Look under the 2020 Topics and Objectives tab and click on Social Determinants of Health. ListRead MoreHopelessness Concept Paper2643 Words à |à 11 PagesAnalysis by Linda Gouthro A Paper Submitted in partial fulfillment of the requirements for NU 607 Critical Analysis of the Scientific Underpinnings of Advanced Nursing Practice University of South Alabama College of Nursing Fall 2010 Running Head: CONCEPT ANALYSIS OF HOPELESSNESS 2 Hopelessness: A Concept Analysis Introduction Paragraph: Hopelessness is a familiar term generally used to denote a negative emotional state. Despite frequent use of the term in the English language, conveying what
Sunday, December 15, 2019
How Do Certain Food and Beverage Free Essays
string(256) " first class of customers includes those who display more behavior loyalty than the others simply because they are emotionally aware that the hotel considers them more important than their counterparts which are not enrolled in any of the loyalty schemes\." Despite all the conventional methods of analyzing the customers with all the physical and social and other factors, the actual statistics seem to differ tremendously from the estimated outcomes. This is because we as humans seem to bank heavily on emotions. Once the customer has some sort of emotional attachment with the outlet for whatsoever reasons, he is not going to opt for other places. We will write a custom essay sample on How Do Certain Food and Beverage or any similar topic only for you Order Now The customer might now be considered loyal to the outlet. The customer wouldnââ¬â¢t prefer going to any of the competitors because he feels he has some sort of bond with the outlet. This emotional umbilical cord is very powerful as it is one of the easiest and the most effective ways to maintain customer loyalties. As they say, it is easier to retain the existing customers than it is to create new ones. The existing customers would always walk in with that feeling of homeliness and once this feeling of theirs is respected and catered, all the outlet has do is cash in. Existing customers donââ¬â¢t mind paying a little extra also because theyââ¬â¢ve already grown used to the ambience and the way the outlet is run. Therefore, it should be profoundly important for the hotels and restaurants, to see to it that they lock in the customers as their regular guests. The hotels have to work hard to make sure that the customers donââ¬â¢t take away the business elsewhere. The loss of a regular customer is colossal. The hotel is just not losing that one customer but a lot more than that. All those people whom he had recommended the hotel in course of years would also develop negative thoughts and opinions about the outlet. This might be a very serious issue and often devastating for the hotel chains. Loyalty as such is the key factor in most businesses, but its impact is more clearly visible in the business of hospitality and hotel management. When compared to several other businesses, the one fact that stands out here is that the hospitality industry has a lot to do with how the customer actually feels about being at the place. This might include the food, the ambience, the customer satisfaction and several other factors. Hospitality has more to do with experience as against those of other industries who just sell products. There can be many ways in which this can be done, some hotels prefer giving free gifts, some give special privileges to their regular customers, some others give huge discounts. All these methods are simply aimed at encouraging customer loyalty. The hotels and restaurants should never miss a chance on maintaining and pleasing loyal customers given the fact that this emotional attachment is so very delicate yet powerful enough change the very course of several businesses. Research Problem: It is because of these above stated reasons that it becomes immensely important for the managers to study the science of loyalty management and learn how to implement it thoroughly. Discussion: Important concepts and theories, the background of the study: In simple terms, it can be said that in spite of all what the company the customer has an inherent tendency to keep looking for better alternatives, the analogy here is given by Leahy where the characteristic customer behavior is compared to that of a cat. A dog considered being manââ¬â¢s best friend because come what may it does not swerve its loyalties. However the customer behaves more like the cat and is always on the lookout for softer and more comfortable lap. The need of the hour is that the hotels should see to it that they provide this soft lap to the customers and always keep increasing the standard of their services. Leahy here compares the restaurants to the airlines; the airlines have been far more successful in maintaining loyal customers than the hospitality industry. Airlines have several clubs where the members are classified as gold, silver or other such members. The members of such clubs are offered free up gradation from economy to business class if the seats are free. However no such practice is noticed among the hotel managements. The article takes evidence from US consultancy Colloquy, noting that restaurants are lagging far behind other businesses in developing loyalty schemes. The article notes that in the United States, only 27. 2 million customers are part of restaurant loyalty schemes, while airlines have over 254. 4 million members for their loyalty schemes. Leahy further emphasizes that loyalty issues are to be taken very seriously in the restaurant business and it is very important to retain regular customers. The General Approach: There are many ways to retain regular customers, one such prominent way is the loyalty card, a technique which has now caught on even in big showrooms and jewel stores. The simple technique here is that every time the customer buys something, he is given certain points and once these points reach a certain value, the points can be exchanged for discounts or special offers. This not only keeps the customer coming back to your store but also helps in maintaining good relations. Once again this idea was an innovation of the aviation industry and it still needs to be implemented to a greater extent in the hospitality industry. According to CEFF (2007), loyalty cards schemes are a key factor in determining choice of hotel, airlines and restaurant chains by leisure travelers. Surveys have revealed that even though there are some customers who donââ¬â¢t quite bother about these loyalty cards, a good percentage about seventy percent of them admit that the loyalty cards played prominent roles in them determining their hotel or airlines. Literary Reviews and Opinions: Gomez, Arranz and Cillan (2006) argue that these loyalty programs yield two important results of interest, which may be applied to the hotel and restaurant hospitality sectors. Such a program creates to genres of customers. The first class of customers includes those who display more behavior loyalty than the others simply because they are emotionally aware that the hotel considers them more important than their counterparts which are not enrolled in any of the loyalty schemes. You read "How Do Certain Food and Beverage" in category "Essay examples" As in all businesses, emotion plays a very prominent role even in the hotel and management industry. Yet another thing that needs to be borne in mind is that the customer will not simply walk in to your outlet just because you have all these cards and offers. For example, however captivating and encouraging might be the scheme; the customer will come to your restaurant only when he feels like eating. You can never force the customer to increase the number of his visits, directly or indirectly. Research that compares consumer behavior before and after the introduction of a loyalty program show that there is no real difference in the number of visitors, or the amount of purchasing done (Gomez, Arranz, Cillan, 2006). Here it is once again argued that loyalty program donââ¬â¢t quite generate new loyal customers but just help in retaining the existing loyal customers. As in any other business, the sole objective and the motive behind your business should be very clear, for example, if the customer doesnââ¬â¢t like your product, then all the management tactics in the world will not help him come to you. The bottom line is that what you offer the customer must stand up to his expectations. Trust and satisfaction are won by genuine effort and determination, there are no shortcuts, and the customer is smart enough to figure out what the actual standard of your restaurant is. According to Gomez, Arranz and Cillan (2006), effective loyalty can only come from customer attitudes such as satisfaction, trust and commitment. Loyalty based on simple repeated behavior is not very effective. Ethical Considerations: Unwanted effects of biased management: Some researchers argue that even though loyalty is a very important issue, it is very difficult to impress the customer through these roundabout techniques; the management needs to focus more on other basic issues like the maintenance and the quality of service. All these schemes and offers can only assist the growth, they can never be the sole reason for the growth and a sensible manager should never depend upon any of these. Lacey and Sneath (2006) argue that customer loyalty programs are not always fair to all consumers. The argument is assisted by the fact that such loyalty schemes only focus on a certain class of customers and not all customers. This creates negative hype and ill feeling among. The firm spends all the resources on pleasing the existing customers whom they assume to be loyal where as the new customers who might prove to be loyal customers in the future are just left to themselves. If this methodology is practiced in the long run, the organization might stand to lose many customers, the organization was so very considered about pleasing the existing customers that they forgot that they even have to generate new customers. ââ¬Å"One of the basic principles of the company is remembering what it is that guests prefer when they are in your hotel,â⬠explained (Ritz Carlton) spokeswoman Vivian Deuschl. Such an approach can even be dreadful at times. It is argued that the same quality service should be given to all the customers. Never should the restaurant make the mistake of pleasing one class of customers at the expense of others. Such a treatment might be very pleasing to the regular customer but even he will hesitate to recommend the restaurant to others because he knows that new customers are not treated well over there. Apart from all the above-mentioned ill effects, this practice is strongly condemned even on ethical grounds. The safest and the best alternative are to provide uniform treatment throughout to all the customers. This generates a positive attitude and helps a lot in business. There is no substitute to genuine hard work, determination and honest implementation of policies. As Jack Welch in his book Winning quotes ââ¬Å"sorry, there are no shortcutsâ⬠. Hypothesis and Questions: The prime objectives: Rather than concentrating on these hypothetical concerns, the restaurant should be bothered more about improving service delivery, bakery products, and cooking. Lacey and Sneath further argue that customers who are not a part of such loyalty schemes are often discriminated against and this is very unpleasant for the customer as well as a loss in revenue for the management. Langenderfer Cook (2004), Petty (2000) throw light on a very important aspect here. The customer databases are rich with information and are excellent resources and if by chance this data ends up in wrong hands, t can be very taxing for the customers. If such a thing happens, then it would be a clear exploitation of customer rights and a breach of moral and ethical values. The customer would then obviously hesitate to become a member of any such loyalty schemes in future. Wendlandt Schrader (2007) come up with yet another intriguing question, they argue that all these schemes at times might even backfire and in fact cause more loss to the organization. As an able manager, the first that needs to be firmly affixed in mind is that we as humans are more effected by emotional happenings than anything else. Once the person is emotionally troubled or if he even perceives that he is being manipulated, even the most loyal of the customers will give up. The customer might get frustrated by all these and begin to think that all these tricks only serve as gimmicks and in fact react exactly in a way opposite to what is expected of him. Smartly designed loyalty schemes however can actually avoid reactance of this type. For example, a loyalty scheme that offers long-term financial rewards that have to be gathered over repeat visits will probably avoid reactance (Wendlandt Schrader, 2007). However, long-term loyalty schemes can also be less effective at retaining regular customers. Kirby (2007) has yet another way of seeing the same scenario, the argument here is that it is more beneficial to serve customers as people rather than targeting on their customer profiles. The argument here is that rather than treating loyalty as just another part of the charm game, the hotels should earn repeat business by offering excellent services based on remembered and recorded client preferences (Kirby, 2007). If hotels invest in tracking guest preferences and provide a superior service through the use of Customer Relationship Management (CRM), the customer will automatically be retained. Weinstein (2004) further argues that the ambience and the feel of the place are also very important. Always remember that the customer might forget what he came for, why he came, when he came etc but he is never going to forget how it felt to be there with you. In the book the ââ¬Å"Ice Cream Makerâ⬠, a book on the concept of six sigma, the author argues that in a departmental store or a shopping mall, it takes an average of seven to eight seconds for the customer to pass by your restaurant, it is in this minute fragment of time that we have to impress the customer that our outlet is actually worth a visit. To make the customer ââ¬Ëfeelââ¬â¢ something is an enormous challenge in its own right. Therefore, it is well worth going the extra mile to provide extra amenities to impress guests into engaging in repeat business (Weinstein, 2004). Some of the 5 star chains in Dubai follow this strategy, hoping to get repeat business by pampering even walk-in customers. Research Questions: To summarize we can say that all the literature on loyalty is divided into two categories both conflicting each other. The first category, is those who advocate the loyalty schemes to lock in customers and make sure that they patronize and prefer certain restaurants in place of the other. Some researchers even argue that such a type of management might even be unethical. The second category of advisors are those who emphasize on the importance of personalized service, remembering customer preferences, and offering amenities to keep customers coming back. They note that rather than discriminating customers, their stand is that hotels, restaurants and other businesses should keep service standards high across the board. As a manager we are faced with the question that when and to what extent which of these methodologies or logics are to implemented? What is to be given more importance and how are customers, both old and new to be dealt with? Should the approach to both these parties be same or different? What is it that needs to be done so that all the parties are happy and content? How are we going to satisfy the emotional requirements of our customers? Jang and Mattila (2005) throw light on yet another trend. Their basic argument is that the manager must learn to understand the customer needs and requirements and react accordingly, for example, if the customer is expecting monetary benefits, then he must simply be given so, instead if the hotel argues that the customer be given only the free spa session or a free buffet lunch against his will, then it is only obvious that none of the parties is happy. The customer is displeased because he is given something free of cost something he actually has no desire for. The hotel has used up its employees and other resources for the same purpose, which was not at all fruitful. Thus, such a decision has a negative impact on all parties. Jang and Matilla further note that at times immediate cash discounts are also not the solutions to the problem. Also, while customers may want immediate rewards, it usually suits managers to delay gratification in order to ensure repeat business. Also, there is less guilt associated with luxury rewards if theyââ¬â¢ve worked up to them over a period of time. It is also noted that there is a very strong potential for developing such programs in the hospitality industry. The transactions involved and the formalities taken up during the process of loyalty offers should be made very convenient and comfortable. The customers should not be penalized to show their loyalty cards every time; the hotels should remember the customers and work towards serving them better. Data Management and Analysis and Budget considerations and timelines: Statistics will provide all sorts of data from all sorts of places. This data might vary over decades of research or even more, the right management comes from the fact that the manager should be able to pick up the right data and study it accordingly, wrongly directed research or haywire policy implementation is sure to spell doom for the company. Therefore, it is of profound importance that the right data be chosen from all perspectives, the implementation schemes should not be so costly that the management suffers because of these, after all management is all about producing the best possible results in the minimum possible expenditure. Also, the time limits should also be adhered to very strictly. What might be a huge success in summer might be a complete failure in winter. If the set goals are not achieved within the given time limits, then the entire purpose of research is flawed. Conclusion: There is no dearth of literature as far as the loyalty issue is concerned. Managers realize very well that there is more to management than just analyzing theories, real problems need real and innovative approaches, and not everything can be solved from the books. Able managers know for a certainty that all what is in research papers is just conjectures and even if a particular scheme or technique worked very well in a particular hotel or restaurant, there is no guarantee that it will produce the same or similar results elsewhere or even the same hotel the next year. Trends change, people change, their needs and expectations change, every year researchers come up with new theories. The key to being a successful manager is to have the right instincts and realize where to draw the line. It might be noted that the manager should not go to extremes, as an example he might be so puffed up with confidence that he turns a deaf year to the researchers or for that matter is so engrossed in the research that he forgets that he has to deal with real life situations. Coming to the issue of hotel management and the hospitality industry, the first and the foremost thing that should be firmly affirmed in the mind is that unless and until the product and services are up to the mark and stand valid in front of the customersââ¬â¢ expectations, no amount of management hoopla can help the cause. The hotel management should be more concerned about the quality of service and other basic but very important factors. Only when these issues are properly and sensibly addressed to and resolved can the management think of anything else. The loyalty considerations are also to be dealt with great care and delicacy. It is but natural that the older customer will expect better services and the new customers would want their privileges to be on par with those of everyone else. This is where the elegance of the manager comes handy. The manager should be able to glide between such scenarios always keeping in mind the benefit of the employees and should also be successful enough to generate the maximum possible revenue. How to cite How Do Certain Food and Beverage, Essay examples
Saturday, December 7, 2019
International Reserves Composition Foreign -Myassignmenthelp.Com
Question: Discuss About The International Reserves Composition Foreign? Answer: Introduction The report mainly aims to evaluate the investment procedure of young families as well as retirees. Ample research has been conducted in this report for recognizing the opportunities of investment that could be required by 65- year old and 35- year old investor. The scope of investment of $1.5 million is required to be assessed for these two investors that could facilitate to generate higher revenue from the investment. In addition, the report also assesses diverse investment portfolios that have conservative growth, capital appreciation, growth of income and equity income. These pertinent measures will be utilized for identifying the best possible option of investment for the companies that might produce higher revenue from the investment (Bodie, Kane and Marcus 2014). Moreover, two portfolios are basically prepared in this report that could aid both the 35 year old and 65- year old investors for generating higher income from the investment. Furthermore, sufficient recommendation for these investors portfolio is also conducted in this report, which could also facilitate them to create wealth as well as support in their financial obligations. Research The research is basically conducted on the process of investment and different kinds of funds that could be utilized in forming sufficient portfolio of the companies. In addition, the assessment of the investment procedure could also facilitate in structuring the portfolio for these two clients, which might aid in supporting their future expenditure. There are various levels of the investment procedure that is required to be conducted before investment in order to identify relevant procedure for producing higher return. In addition, evaluation of different kinds of funds has also been conducted for understanding the needs of these investors. Pertinent identification as well as the investment procedure is also stated as under: Generation of idea for investment Idea generation refers to the starting procedure of investment in which the investment need of these investors is assessed for drafting the correct portfolio. Furthermore, the organization should conduct adequate qualitative as well as quantitative screening, which could help to identify opportunities of investment. Additionally, the screening procedure is also helpful to detect risk as well as return, which might be provided from the investment (Al-Hassan et al. 2013). Pertinent findings concerning various levels of return as well as risk generated from stock should be conducted by the organization, which in turn might facilitate to generate higher revenue from the investment. It has been stated by () that assessment of risk as well as return also permits the investors to identify opportunities of investment and make higher revenue. Researching different options of investment After identifying various extent of the investment opportunity, the stocks selected could be taken into account in order to generate higher level of return. In addition, identification of balance sheet, strength of management, structure of industry and ESG revenue is usually conducted by the organization (van Duuren, Plantinga and Scholtens 2016). Furthermore, applicable recognition of weakness as well as strength in the investment scope could also help to draft ample portfolio in order to support investment requirements to the investors. The evaluation of technical as well as fundamental analysis should also be conducted for detecting return as well as risk that is involved in the investment stock operations. In this perspective, it has been opined by Hull (2014) that the investors could identify various stocks through research options, which have less risk and hence enhance their return. Assessing the portfolio that is required for investment The third process of investment is basically the portfolio creation that is based on the needs of the investors. In addition, this portfolio creation directly helps to detect risk as well as return, which might be generated from the investment. However, through this process the investors could assess the ability of the portfolio in order to match their return as well as risk level. The evaluation that has been conducted on the portfolio could also help to detect the investment style that includes equity income, income growth, conservative growth and appreciation of capital (HA Davis and Lleo 2015). In addition, proper identification of this investment style could also aid to select proper portfolio for these two investors and thereby support their investment need. Conducting management of portfolio The last phase of investment procedure is the portfolio management that helps to assess the portfolio performance according to the needs of investors. Furthermore, this portfolio management in turn could ultimately aid to detect the nature of portfolio in order to support the investment needs of the investors. Moreover, the detection of target as well as return could also be recognized in the procedure, where the portfolio managers have the ability to understand the financial needs of the investors for managing their portfolio (Chandra 2017). This phase is basically the monitoring process, which is required to be conducted by the investors in order to maintain extent of probable return from the investment. Different kinds of funds that is available for investment while assessing returns as well as risk from investment are portrayed as under- Aggressive growth equities Aggressive growth equities refer to stocks that have higher risk as well as return from the investment. These kinds of stocks are mainly affected by the capital market volatility and this in turn also aids to enhance the returns of the investors. In addition, these growth equities basically comprises of the stocks that are mainly focused on giving higher returns to the investors. The utilization of both fundamental as well as technical indicator also permits the investors to detect those stocks that have high growth rate in the market on annual basis. This aggressive growth equity has been basically used by the investors for increasing the return level in their portfolio. It has been opined by Damodaran (2012) that, the investors also uses these stock for increasing their return level that might be generated from the portfolio investment. Long term growth equities The second kind of the investment fund is the long term growth equities that are utilized by the investors for growing their return as well as investment capital. This in turn also permits the investors in generating returns for longer term from their investment (McGuire, Omer and Wilde 2013). In addition, this kind of investment basically has less risk as well as stable return since the investors aims to increase their wealth from this investment. Moreover, the financial institutions and the fundamental investors usually use this kind of equity funding in order to maximize profitability level. On the other hand, the conservative investors might utilize this fund in order to increase their profit margin and generate growth. Growth as well as income equities The income as well as growth equity funds generate higher returns from the investment, which in turn could aid to generate adequate profitability level from their investment. This fund basically aims to increase their portfolio value as well as produce dividend from the investment. This kind of stock also generates good reward from the investment since it is directly influenced from the capital market. In addition, the investment banker also utilizes this fund as they wanted to raise their investment in capital and acquire sufficient dividends for paying their investors. The stocks that have huge growth prospects as well as dividend payments has been selected for this kind of investment in which the risk is moderately high. It has been mentioned by () that, the investors that have huge prospects of income and growth mainly requires to use risky stocks for supporting their investment need. Foreign equities The investments in foreign equity directly permit the investors to raise the returns owing to rise in growth rate in the emerging markets. Investments in Malaysia, Indonesia and other emerging nations could relatively permit the foreign investors in generating larger revenue from investment (Qian and Steiner 2014). These investments in the foreign equities are basically conducted on the organization that have higher potential to generate returns and is thus analyzed by assessing its performance. On the other hand, the rules of investment in the domestic market are eventually different, which in turn limits the investors to take benefit from unpredictable capital market of the emerging markets. Foreign Bond Foreign bonds could be used by the investors in order to increase relevant returns since it gives fixed payment as well as coupon payment for specific period of time. In addition, the utilization of foreign bonds is enormously high because the conservative investors basically utilize options of investment in their portfolio (Batten, Hogan and Szilagyi 2012). The developing nations usually have high interest rate payment on the bonds since they require FDI ( foreign direct investment). However, this might relatively permit their investors in generating high income in their bonds as compared to the bond payments that is provided in advanced nations. The conservative investors that focus on higher returns with less risk have the ability to increase the returns from their portfolio. Income securities Income securities are basically recognized as one type of mutual funds and investment criteria that is conducted by the investors in order to generate higher returns. Moreover, selection of applicable securities as well as mutual funds is essential for these investors since they provides conservative as well as high risk investment opportunities. Furthermore, conservative as well as aggressive investors tend to invest in these income securities since it gives adequate opportunities of investment. Return as well as risk profile of these income securities are basically connected with huge scope of investment that is used by the investors. Furthermore, Gross, W.H. and Toloui (2012) portrays that the investors usually selects mutual funds after assessing the total returns from the specific security over particular time of existence. Analysis for the 35 year old professional For 35 year old professional Particulars Percentage % Amount Securities Share returns Yield % Investment fund 100% $ 1,500,000 Long-term growth equities 10% $ 150,000 Goodman Group 18.83% 3.31% Growth Income Equities 40% $ 600,000 CSL Limited 30.16% 1.01% International Equities 8% $ 120,000 Bank Rakyat Indonesia (Persero) Tbk PT 65.75% 2.91% International income 8% $ 120,000 GL07/23 4.39% 4.22% Income Securities 5% $ 75,000 GSBI21 5.75% 2.24% Aggressive growth equities 29% $ 435,000 Computershare Limited 32.02% 1.81% The above table that has been constructed depicts the total returns that could be derived from the portfolio that has been created for the 35-year-old professional. The portfolio that has been constructed constitute of the stocks that facilitate the essential features like the higher income capacity and higher growth. This has been helpful in deriving the relevant outcomes. In addition to it, the portfolio facilitates the providence of higher returns from the particular investments as the stocks that yield higher returns have been utilized for drafting the overall portfolio. The companies that have been utilized for drafting the portfolio are of the names Goodman Group and CSL Limited. The companies have been used for the purpose of generating the desired revenue from the investments. This could be generated from the dividend yield and stock return. The evaluation of these stocks leads to the accelerated rate of progress that efficiently allows the investors to create wealth. The internal equities and the securities that have been used for the purpose of drafting the portfolio have been utilized for developing an investment stream so that the returns could be efficiently improved from the investors. Moreover, the international equities facilitate the providence of higher market returns and the yields from the dividends in comparison to the securities that have been listed in the portfolio. It is evident from the table that the utilization of an aggressive growth equity has also been used in drafting the portfolio in order to efficiently generate higher amounts of return both from the dividend yield and stocks. This has been one of the most crucial criteria in relation to investment for a 35-year-old professional, who intends to increase the amount of returns from the portfolio. This evidently will result in improving the returns that could have been provided by the companies on a long-term basis. In case of the international equities the growth perspectiv e and the aggressiveness of the growth equity have been subjectively high. This permits the investors for creating adequate wealth for supporting the financial obligations incurred by them. Analysis for the 65-year-old retiree For 65 year old retiree Particulars Percentage % Amount Securities Share returns Yield % Investment fund 100% $ 1,500,000 Long-term growth equities 25% $ 375,000 Goodman Group 18.83% 3.31% Growth Income Equities 7% $ 105,000 CSL Limited 30.16% 1.01% International Equities 8% $ 120,000 Bank Rakyat Indonesia (Persero) Tbk PT 65.75% 2.91% International income 32% $ 480,000 GL07/23 4.39% 4.22% Income Securities 28% $ 420,000 GSBI21 5.75% 2.24% The portfolio that had been created for the 65-year-old retiree majorly constitutes of the bonds and stocks that reflect a higher degree of the growth rate. The 65-year-old investor being orthodox and conservative in nature eventually gradually could permit the international income and the income securities to be the weighted investments that have been included in the portfolio and is of the highest value. The portfolio has been strictly focused on the creation of wealth and reduces the amounts of risks in relation to the investments. This could result in the generation of a constant source of income via the portfolio. The portfolio that has been drafted strictly concentrates on the investments in relation to the low risks, where income equities and growth holds up to a 5% of the portfolio value. This has been conducted mainly in order to ensure the constant flow of returns that will be received by the 65 year-old-retiree post his retirement. The portfolio has been further focused on the bonds and other equities with high growth would result in the reduction of the actual risk associated with the investment and ensure the providence of the constant returns. The utilization of the international income and the income securities could result in the old retiree receiving the payments in relation to the annual coupons by which he can support the financial obligations incurred by him. Moreover, the portfolio has been drafted by keeping in mind the growth equities that have been incurred on a long term basis. This evidently increases the value of the portfolio and ensures obtaining higher returns from the investment. It should be noted here that the portfolio has been created for a conservative investor who is against the accumulation of a high degree of risk in the portfolio. Recommendation and Conclusion The complete evaluation process that has been conducted is majorly focused on the providence of enough opportunities in relation to the investment for a 35 year old professional and 65 year old retiree. The portfolio that has been created and drafted reflect the requirements in terms of the investments and expenditures that have been incurred on a daily basis. The particular investment process and the categories of funds that have been required for the creation of the portfolios have been mentioned in this particular report. This has adequately resulted in the proper drafting of the portfolio for the investors. The preparation of the portfolio is strictly focused on the criteria of investment that has been provided by each of the investors in which the portfolio weights have been properly adjusted to support the requirements of the returns. The portfolio that has been created in the particular report properly acknowledges all the requirements of the investors so that the investors ca n meet their financial obligations. The 35-year-old-professional has mainly focused on the accumulation of greater amounts of return by the accumulation of risks in his portfolio. However, the 65-year-old-retiree focuses on the constant flow of income as returns from the investments with lower amounts of accumulated risks. Reference Bodie, Z., Kane, A. and Marcus, A.J., 2014.Investments, 10e. McGraw-Hill Education. 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Qian, X. and Steiner, A., 2014. International reserves and the composition of foreign equity investment.Review of International Economics,22(2), pp.379-409. McGuire, S.T., Omer, T.C. and Wilde, J.H., 2013. Investment opportunity sets, operating uncertainty, and capital market pressure: Determinants of investments in tax shelter activities?.The Journal of the American Taxation Association,36(1), pp.1-26. Hull, J.C., 2014.The evaluation of risk in business investment. Elsevier. Damodaran, A., 2012.Investment valuation: Tools and techniques for determining the value of any asset(Vol. 666). John Wiley Sons. Gross, W.H. and Toloui, R., Pacific Investment Management Company LLC, 2012.Fixed income securities index. U.S. Patent 8,306,892.
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