Thursday, February 13, 2020

How can the hotel Marriott Management Board implement ecological Research Paper

How can the hotel Marriott Management Board implement ecological strategies in order to comply with sustainable development - Research Paper Example ervation in the form of green construction, conservation of rainforests, saving water and spending money on projects that help in sustainability of the environment. Recently, Marriott hotels have upgraded and replaced equipment to improve efficiency which was a successful idea as efficiency improved by over 22% in 2010. Marriott Hotels invested millions of dollars in a water conservation program which offered water treatment and process improvement within the company. Marriott also came up with a partnership based project that promoted energy and water conservation by making management systems of laundry more efficient using the most powerful and expensive equipment in order to make sure it doesn’t waste scarce energy sources. Marriott is also attempting to help expand recycling and food decomposition facilities all over the U.S.A. The purpose is to save scarce resources and use them wherever and whenever possible. Other than this, Marriott is also working on promoting sustainable tourism in collaboration with the World Travel and Tourism Council. Marriott is also providing training and development as well as guidance for research being conducted on sustainability. Marriott is also working with the Global Business Travel Association to work for a sustainable environment for the industry. Hence, the main concern for Marriott Hotels is to save energy, water, resources and carbon for which it has been undertaking many projects like these to help save the ecological environment (Marriott Sustainability Report, 2010; Enz, 2009; Snell & Bohlander, 2012). A very interesting concept introduced by Marriott Hotels recently was that of Green Buildings known as the Leeds ((Leadership in Energy and Environmental Design) program which aimed at reducing wastage of resources by 25%. The outlook of these Hotels is also ‘Green†- The Green Hotel Prototype. In March 2010, Marriott Hotels participated in conservation of energy by celebrating earth hour. They did this by

Saturday, February 1, 2020

Stock Valuation Essay Example | Topics and Well Written Essays - 250 words - 1

Stock Valuation - Essay Example ter every three months and good dividend paying stocks increase their payout every year unlike those who own funds who most of the time are not sure about what the dividends will be and instead have a default option to buy more shares. It is also easier to understand market volatility since the investor knows the company well, and this helps an investor to make a decision whether to buy, sell or hold their position. Individual stocks also have lower costs than funds help one to diversify their holdings (Hayek, 2013). I would not be okay with the political risks that are prevalent in the increase among the BRISC countries since these countries include the emerging markets that need ample political stability to grow and mature. The political risk brings a lot of volatility in the stock market, as well as discourages foreign and domestic investment as investors prefer more stable markets that are easily predictable in order not to take so much risk. Through negative correlation, the idea of hedging and diversification are elaborated. Since negative correlation tends to make two investments move in opposite directions, an investor is therefore advised to invest in both the investments in order to spread risks. It makes sense that, when an investor invests in those two investments, one investment loses value, the other one will gain value hence the investor must not lose everything at any particular point, but at least gain on some (Eric,