The Scenarios Of Consumer s Futures 2020 Essay - 1245 Words

By 2020, the world could find itself in a myriad of different scenarios, but there is no one scenario that can accurately represent what the US, let alone the world, will become—even in four short years. The four scenarios in â€Å"Consumer’s Futures 2020† have options that could unfold, but it is unlikely in such a short timeframe. Nevertheless, the most likely of the four presented scenarios is ‘sell it to me.’ This is because the scenario allows people to keep spending and minimizes the work individuals have to put into becoming more sustainable. It also marks a more prosperous, flourishing economy that enables citizens the option to buy more selectively the brands and products that intrigue them. Lastly, this scenario utilizes the technology that we are already hyper reliant on to generate more personalized business. Many of these aspects are already occurring to some degree, but I can see them becoming more prominent over time. The market is currently well on the mend, with unemployment rates decreasing and overall incomes increasing. With this increasing upward mobility, consumers want to buy more and more, as many US citizens measure their prosperity on how much you can buy (Gondor, 2009). Already emerging is the demand for organic foods to be sold in conventional grocery stores, as they are available in 3 out of 4 conventional grocery stores (Greene, 2016). Considerable draw to certified organic food because consumers associate organic with higher quality (Ploeger,Show MoreRelatedThe Scenarios Of Consumer s Futures 20201227 Words   |  5 PagesBy 2020, the world could develop into a myriad of different scenarios, but there is no one scenario that can accurately represent what the US, let alone the world, will become—even in four short years. The four scenarios in â€Å"Consumer’s Futures 2020† has options that could unfold, but it is unlikely in such a short timeframe. Nevertheless , the most likely of the four-presented scenarios to me is ‘sell it to me.’ This is because the scenario allows people to keep spending and minimizes the work individualsRead MoreAn Introduction To Indian Retail Industry Essay1683 Words   |  7 Pageslabels in the Indian Retail Space by considering various stakeholders i.e. consumers, Online Retailers, Brick and mortar Retail Stores. The objective of doing this project is defined as under. †¢ 1) To study the importance of the private labels in the retail space †¢ 2) To gauge the current outlook of the private labels from the customer perspective †¢ 3) To identify the attributes for improvement in the current market scenario. †¢ 4) To study strategies adopted by various Indian retailers for their privateRead MoreConsumer Behaviour Analysis on Real Estate and Consumer Durables2201 Words   |  9 Pages2012 Consumer Expenditure on Real Estate and Consumer Durables An Analysis 9/30/2012 INDEX Abstract 2 CONSUMER EXPENDITURE ON REAL ESTATE 3 Backdrop 3 Introduction 5 The many faces of India 7 Shape and Size of Consumption 9 Indias real estate sector 14 Real Estate Market 15 Market size 15 Marget segment 15 Investment scenario 20 Key trends 25 The way forward 26 EXPENDITURE ON CONSUMER DURABLES 27 Macroeconomic scenario 27 Consumer durables 31 Challenges 33 Read MoreBusiness Opportunities, Challenges, And Trends Essay1691 Words   |  7 Pagesopportunity for eBay as of right now is not great although there is a lot of potential growth in the future. In 2014, the Indian ecommerce industry showed a tremendous growth. This growth is driven by the rapid adoption of technology such as smartphones and tablets (ecommerce in India – Accelerating growth, 2015). There are opportunities for eBay to expand its market and invest more in the future. But there are also their competitions that they need to worry about. A company like Amazon is a well-knownRead MoreCorporate Finance1635 Words   |  7 Pagesforth and compare the business cases for each of the two projections under consideration by Emily Harris. Which do you regard as more compelling? Productions was New Heritage ´s largest division as measured by total assets, and easily its most asset-Intensive. Approximately 75 % of the division ´s sales were made to the company ´s retailing division, with the remaining 25% comprising private label goods manufactured for other firms. The division revenue figures include approximately $95 million of internalRead MoreAutomobile Safety : A Biggest Threat For Law Makers All Over The Globe997 Words   |  4 PagesLand Rovero, Tata Motors must have a full comprehension of the governing bodies and laws regulating commerce in United Kingdom. Tata s headquarters in India strictly regulates operations in all dealerships and subsidiaries, in addition to knowing and abiding by all labor laws in the multiple countries where they have manufacturing plants. The foundation of the company s growth internationally is a deep understand of economic stimulation, customer needs, and individual government regulations and lawsRead MoreThe Impac t of Surging Oil Prices2245 Words   |  9 Pagesand economic growth resumes, volatile global oil prices remain a source of concern for economists and consumers alike. While the experts debate the precise date at which peak oil will be reached and the search for alternative energy sources has assumed new importance and relevance, it is clear that the worlds commercial infrastructure will depend on fossil fuels well into the foreseeable future. Indeed, some authorities caution that unless drastic steps are taken today, the world will deplete itsRead MoreSelf Driving Cars638 Words   |  3 Pagesalmost a century and a few companies have even been successful in designing a fully functioning self driving car. Roads full of these video game-esque cars controlled by artificial intelligence or other means of autonomy may not be as distant in the future as one might think. This, being a drastic change in the way we travel, could cause many issues. Due to these potential issues, it is in o ur best interest to raise questions before we implement these technologies. One possible question is: have weRead MoreA Research Study On Ubc Marketing Department1245 Words   |  5 PagesMy name is Kyobeom (or K.B.) Koo, and I am pursuing a PhD in marketing to become an expert researcher in consumer behaviour. My goal is to generate research insights to help consumers, managers, and institutions make better decisions. Given my career goal, pursuing a PhD at UBC represents the next logical step. UBC is a highly-regarded institution that can provide me with the skills and environment I need to become a productive researcher. Upon earning my degree, I will contribute to the UBC marketingRead MoreThe Future Of Natural Gas1773 Words   |  8 Pagesnatural gas as a key component of energy supply and have lowered prices well below recent expectations. But in other parts of the globe, prices of Natural Gas remain high and also at the same time: varied. This study seeks to inform discussi on about the future of natural gas and will LNG be able to narrow the price diversity quite prevalent in regional respective gas markets. â€Æ' 1. INTRODUCTION Despite its advantages as a clean-burning, convenient fuel with low carbon intensity, natural gas suffers from

College Tuition - 1075 Words

Hannah Hampton Mr. Schmitt English 1001 1 December 2011 â€Å"The writing in this essay is my own work. If I have used outside sources, I have acknowledged them through correct documentation.† Student Loans Today college tuition prices are rising. Paying for college can often be a stressful responsibility. A college education is very important for many students, but when stressing on how to pay for college gets in the way, it becomes more of a burden. Kim Clark effectively states the rising prices of college tuition in her article, â€Å"The Surprising Causes of Those College Tuition Hikes.† Clark states that the cost of attending a public university, even after subtracting out aid and inflation, rose more than fifteen percent in the last†¦show more content†¦President Obama also announces a new program that will lower monthly loan payments for some students graduating next year. The government tries its best to ease the stress off of those paying back debt. Although the government has made programs to help those struggling to pay back their debt, it is also one owns responsibly. When taking out a loan for college one should have a plan as to how he or she plans on paying it back. By getting a side job and managing your money in order to pay off your debt, it will take away a lot of stress. Obviously the best solution to avoid debt right after graduating college is to avoid a student loan or any loans. College tuition prices are rising and so is the amount of student loan debt. To many students getting a good education to start off their future is very important. With the rising prices of college tuition, often many students have to get a student loan in order to pay their way through college. Student loans are there to help one out, but can become a huge burden to one. Although student loans come with a lot of responsibility, if one plans a way to pay it off the loan can be very helpful and stress free. Word Count:975 Works Cited Clark, Kim. â€Å"The Surprising Causes of those College Tuition Hikes.† USNews.com. U.S. News and World Report, 15 Jan. 2009. Web. 13 Nov. 2011. Dell, Kristina. â€Å"I Owe U. Time 178.17 (2011): 40-44.Show MoreRelatedCollege Tuition : Is No Worth Paying For College?2017 Words   |  9 PagesCollege Tuition Intuition Nobody enjoys paying for college. No one thinks about college and gets excited about all the money they might spend, but now people are actually thinking of ways to fix that. Currently colleges are very expensive, especially private colleges. However, with the current presidential election going on, the possibility of free public college is being brought up. This concept would be greatly beneficial to today’s youth and help them graduate college debt free. Each year, collegeRead MoreAnnotated Bibliography College Tuition 1697 Words   |  7 Pages7 2014 Annotated Bibliography: College Tuition Ayres, Ian. Why Californias Tuition Hike Might Be a Good Thing. Freakonomics RSS. Freakonomics, 23 Nov. 2009. Web. 07 Nov. 2014. According to this article the gap in college has become larger as of late because of students financial situations. Public universities cost on average one forth of private universities. The wealthier students benefit from this because of the way financial aid operates. When the tuition cost are raised it benefits theRead MoreThe Rise Of College Tuitions1937 Words   |  8 PagesThe sudden rise of college tuitions began right after the recession in 2008. Many people lost their jobs, and their current jobs were not paying well enough for them to survive through this devastating time. More people turned to higher education and college tuition began to rise because obtaining college majors will guarantee a higher pay other than minimum wage. This downturn didn’t end here because over the years, tuition rose even higher. In 2014, the debt for college students reached to 1.2Read MoreThe Effect Of Bureaucracy On College Tuition Rates3074 Words   |  13 PagesBureaucracy on Colleg e Tuition Rates: The Case of University of California The state of California has long been reliant on the University of California system to provide its resident companies with skilled and educated business, technology, and science leaders. Highly regarded as one of the top educational systems in the world, the University of California boasts a high number of distinguished and respected faculty members in almost every field of study. However, while most private colleges and universitiesRead MoreThe Issue Of Rising College Tuition Essay1289 Words   |  6 Pagesproblem was an effective way for a group to decide upon a solution. Even though our group was unexperienced using the Standard Agenda, we were able to use each other’s strengths to improve the quality of our discussion about the issue of rising college tuition. Looking back to previous projects, I can see how our group has grown to better understand the methods of effective group work. While there were both beneficial and impeding forces at work in the task and social pr ocesses, I feel that overallRead MoreRising College Tuition1114 Words   |  4 PagesTuition on the Rise: A Cause of Turmoil Today colleges are growing more and more necessary for attaining a solid path towards a successful career, yet the rapidly increasing cost of tuition is driving students away from their dream of attending college, due to the preposterous amount of money that is now being demanded by colleges across the nation and world as a whole. It is sad to see students being turned away from a successful future due to the money-hungry nature of the universities that dotRead MoreThe Rise Of College Tuition1344 Words   |  6 Pagesdream to go to college with the hope to be successful; but with the fact that the skyrocketing college tuition is increasing every year might turn those dreams into nightmares. There are many research have been proven that the main factors which cause the high cost of postsecondary education was the lack of funding from government, increase of students as well the increase of administrators. But beside those given facts, there are seems to be more deep hidden truth tha t most college students and theirRead MoreThe Prices Of College Tuitions967 Words   |  4 Pagestrend continues with the skyrocketing prices of college tuitions. This is not an uncommon issue the days of college tuition being affordable are slowly fading into the past. This conundrum has brought to light the idea of using tax money to help pay tuition. This idea has vast potential, but can it reach its potential. This is an issue that affects many people thus there is a multitude of literature on the issues of tax money being used for tuition. The literature ranges from an online to radioRead MoreCollege Tuition Should Be Regulated915 Words   |  4 PagesAs a freshman college student I believe that college tuition is much higher compared to what it used to be. One reason why it continues to increase is mainly because of the significant amount of loans that are borrowed by college students but are not getting paid back; however, does anyone ever wonder where does the money that is put into colleges go to? College professors are not the reason that college cost so much; in addition to, the money also goes towards sport teams, scholarships, and constructionRead MoreCollege Tuition Should Be Regulated897 Words   |  4 PagesAs a freshman college student, I believe that college tuition is much higher compared to what it used to be. One reason why it continues to increase is mainly because of t he significant amount of loans that is being borrowed by college students but is not getting paid back. However, does anyone ever wonder where does the money put into colleges go to? College professors are not the reason that college cost so much; in addition to, the money also goes towards sport teams, scholarships, and construction

Interpreting Financial Reports Free Essays

Companies like ABC SDN BHD, a corporation in Malaysia prepare and furnish financial statements on a regular basis for the purpose of providing stakeholders reports of the company’s financial standing. However, accounting is not easy to analyze regarding how a particular company is doing financially in relation to others in the industry. One of the best ways to compare two businesses is to perform a ratio analysis on the company’s financial statements. We will write a custom essay sample on Interpreting Financial Reports or any similar topic only for you Order Now A ratio analysis is commonly use in financial statements that looks at various numbers, such as net profit or total expenses and analyze the relationship between each other. According to Parrino, financial ratios are used in financial analysis to eliminate problems caused by comparing two or more companies of different size or when looking at the same company over time as the size changes (p. 85) Financial Ratios are grouped by their purpose but the most common ratios are Liquidity, Debt, Turnover, and Profitability. The key users of financial ratios have variations. Short-term creditors may use liquidity ratio. Potential lenders or existing lenders may use leverage ratio, and top corporations may use turnover ratio. Investors and stockholders may be more interested with profitability ratio to get their information. The two most common Liquidity Ratio are Current and Quick Ratio. Inventory Turnover Ratio, Accounts Receivable Turnover or Total Asset Turnover ratios can be used to determine a company’s turnover or efficiency ratio. To determine a company’s leverage, the Debt Ratio or the Debt-to-Equity Ratio is the preferred tool to use. The Return on Assets Ratio can determine the profitability of the company, The financial highlight of ABC SDN BHD, a corporation in Malaysia describes profitability, liquidity, assets, and capital. The company’s profitability shows a decrease in turnover, recovery of earnings, and lower cost of sales but higher total operating expenses. The company’s liquidity shows a satisfactory liquidity standing and experienced cash flow inflexibility. The company’s asset management shows a reduced efficiency of the management of units and assets, lengthened collection but shortened payment periods, and a good inventory control. The company’s capital structure and solvency undertaken a much greater current liabilities than long-term liabilities to finance its operation, and the current liabilities are reported to be rising. There is a lower leveraged for the group more dependent on equity than debt to fund its assets. Through financial statements, a company can compare and rate their performance with related industry. The key is to select companies to invest in and compare rate of returns, future terms, and evaluate potency and weak points. Comparative study of ratios and benchmark are useful for investors and management. Management can use it to get information for future decision-making process, and investors can analyze related risk. According to Northwest Farm Credit Service, a ratio greater than 1. 50 is considered good, between 1. 00 and 1. 50 is descent, and less than 1. 00 is not promising. Equivalent to at least 20 % of total annual operating expenses is fakir for debt to assets ratio and should be less than 30 % to be thought of as a good one. 30 to 50 % descent and greater than 50 % is considered poor. Operating margin of 25 % or greater is good, 10 % to 25 % descent, and less than 10 % is below average (2008) Ratio comparison provides important information to businesses and potential investors and shareholders. However, although ratio calculation provides a glimpse of the financial status, of a company, it can be misleading if not interpreted properly. Fluctuations occur from quarter to quarter and numbers can change, depending upon sales, stocks, revenue, and operating cost. Ratio comparison is a valuable toot if caution is taken into consideration. How to cite Interpreting Financial Reports, Papers

Strategic Managerial Accounting Income Statement

Questions: 1. Prepare journal entries for the September transactions. 2. Prepare the income statement of Best Foot Forward, Inc., for the month ended September 20XX. 3. Prepare the entitys statement of retained earnings for the month ended September 30, 20XX. Answers: 1. Journal Entries Particulars Dr Cr Particulars Dr Cr Particulars Dr Cr Cash a/c 20,000 Cash a/c 700 Accounts Payable a/c 8000 Common stock a/c 20,000 Service Revenue a/c 700 Cash a/c 8000 Particulars Dr Cr Particulars Dr Cr Particulars Dr Cr Supplies a/c 1000 Cash a/c 1000 Cash a/c 1000 Accounts Payable a/c 1000 Accounts Receivables a/c 1000 Common stock a/c 1000 Particulars Dr Cr Particulars Dr Cr Particulars Dr Cr Accounts Receivables a/c 3000 office rent a/c 900 advertising a/c 100 Service Revenue a/c 3000 cash a/c 900 cash a/c 100 Particulars Dr Cr Particulars Dr Cr drawings a/c 1500 cash a/c 100 cash a/c 1500 supplies a/c 100 2. Income Statement Best Foot Forward Inc. Income Statement Month Ended September 30, 20XX Revenues Service revenue ($700 + $3,000) $ 3,700.00 Expenses Rent expense $ 900.00 Advertising expense $ 100.00 Total expenses $ 1,000.00 Net income $ 2,700.00 Equity Statement Best Foot Forward Inc. Statement of Owners Equity Month Ended September 30, 20XX Particulars Amount Amount Marilyn Crone, capital, August 31, 20XX $7,700 Add: Investments by owner ($20,000 + $1,000) 21,000 Net income for the month 2,700 31,400 Less Withdrawals by owner (1,500) Marilyn Crone, capital, September 30, 20XX $29,900 3. Balance Sheet Best Foot Forward Inc. Balance Sheet At September 30, 20XX ASSETS Amount LIABILITIES Amount Cash $14,500 Accounts payable $1,000 Accounts receivable 3,500 Supplies 900 OWNERS EQUITY Land 12,000 Marilyn Crone, capital 29,900 Total liabilities and Total assets $30,900 owners equity $30,900 References Jones, Tracy, Helen Atkinson, and Angela Lorenz.Strategic Managerial Accounting. Oxford: Goodfellow Publishers Ltd, 2012. Print. Needles, Belverd E, and Marian Powers.Financial Accounting. Mason, OH: South-Western Cengage Learning, 2012. Print. Shim, Jae K, Joel G Siegel, and Jae K Shim.Financial Accounting. New York: McGraw-Hill, 2012. Print. Weygandt, Jerry J, Donald E Kieso, and Paul D Kimmel.Financial Accounting. Hoboken, N.J.: Wiley, 2012. Print.

Cultures and Institutions

Technology and How It Has Improved Housekeeping Operations Research Paper Example

Technology and How It Has Improved Housekeeping Operations Research Paper Example Technology and How It Has Improved Housekeeping Operations Paper Technology and How It Has Improved Housekeeping Operations Paper Technology and how it has improved Housekeeping Operations A Thesis Submitted By Lerone McDonald (ID#)-10T10553 In Partial Fulfillment of the Requirements for the Degree of Bachelor of Science In Tourism, Hospitality, Entertainment Management Excelsior Community College Date: February 28, 2013 According to â€Å"dictionary. reference. com† technology is the branch of knowledge that deals with the creation and use of technical means and their interrelation with life, society, and the environment, drawing upon such subjects as industrial arts, engineering, applied science, and pure science. Technology can also be referred to as the making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization, in order to solve a problem, improve a preexisting solution to a problem. Technology also refers to the collection of such tools, including machinery, modifications, arrangements and procedures. Technologies significantly affect human resources as well as other areas of the Hotel industry, more so the Housekeeping Department/area. Housekeeping is the act of cleaning the rooms and furnishings of rooms. It is one of the many duties included in the term Housekeeping. Some duties included in the Housekeeping Operations are, but not limited to: Disposing of rubbish Changing washing bed linens Cleaning dirty surfaces/areas Dusting and vacuuming Removing leaves from rain gutters Washing windows and sweeping doormats. The Housekeeping Operations Department is responsible for the cleaning and he upkeep of the Hotel’s guests’ areas, to ensure the areas look better, safer and easier for clients/guest to be accommodated. The housekeeping department plays a very important and vital role in the hotel industry, without such a department lime scale can build up on taps, mold grows in wet areas, bacterial action make the garbage disposal and toilet smell and cobwebs accumulate. Some items that are commonly found in the Housekeeping department are: Vacuum Cleaners Brooms Mops and Sponges Detergents Disinfectants Bleach etc. There are several technologies that have helped to enhance and make the housekeeping department more efficient. Information and communications technology (ICT), is often used as an extended synonym for information technology (IT), but is a more specific term that stresses the role of unified communications and the integration of telecommunications (telephone lines and wireless signals), computers as well as necessary enterprise software, middleware, storage, and audio-visual systems, which enable users to access, store, transmit, and manipulate information. This speaks to the many different types of equipment/infrastructure that can be found embedded within the hotel industry to make work in the Housekeeping Department/area more effective and efficient. Some of these are, but not limited to: PA System Pagers/fax Intercom Inventory Management System Intranet/internet/computers and Biometric System Innovations in the communication system such as the use of the intercom system which is much like the Private Branch Exchange (PBX) makes it easier for the front desk to contact the housekeeping department for any request. Using one line for multiple telephones, you only need to dial a phone number that only requires three-digits or four which is assigned to every department of the hotel. The use of the desktop is very common in the current generation of hotel services. In contrast to the previous hotels, they used manual handwriting, and that also entails a lot of papers that could possible take up a lot of work space. With the use of the computer hardware system, which includes, the keyboard, the monitor, the mouse, and certain pre-installed application into the computer, paperwork and writing may not necessary. There is also software known as the Navis Housekeeping Management system which is used by the housekeeping department to properly monitor room statuses and cleaning of rooms. Once rooms have be cleaned, the information is entered into the Navis Housekeeping Management System which will allow easy access by housekeeping and the front desk department, by doing this both departments are able to know the rooms that are available and also their status. These kinds of hardware also help in the strict monitoring of guests reservation which the housekeeping department have access to so that they will be aware of the amount of guests that have made reservations. This information is vital as it allows the housekeeping department to prepare the rooms beforehand and also to ensure that enough rooms are available to meet the demands. This type of technology also assists with scheduling of housekeeping staff and also to ensure par stock amounts are up to date. Green Technology speaks to the environmental technology (envirotech), clean technology (cleantech) is the application of one or more of environmental science, green chemistry, environmental monitoring and electronic devices to monitor, model and conserve the natural environment and resources, and to curb the negative impacts of human involvement on the environment depletion. Green Technology is also used to describe sustainable energy generation technologies such as photovoltaic’s, wind turbines, bioreactors and solar systems. Sustainable development is the core of environmental technologies. The term environmental technology is also used to describe a class of electronic devices that can promote sustainable management of resources. Green technology is being introduced in all sectors of production and more so in companies and the hotel industry is one such sector. Green technology not only benefits the hotel but it also helps the guest to appreciate the hotel and its environs more. Below are a few direct quotes from which were taken from ecomall. om about different green technology that are being instituted at some hotels. 1. Every morning at our front desk you will hear our guest’s remark in wonder over how well they slept last night, general manager Natalie Marquis says. I believe one reason we get this strong positive feedback is because we stopped using chemical pesticides 20 years ago. Our rooms are ecologically fresh, which allows the human body to relax, enabling our guests to experience a be tter sleep than in other hotels that use pesticides and toxic cleaning chemicals, or even in the guests own homes. 2. Patricia Griffin, president of the Green Hotel Association. She started the association 15 years ago after visiting Europe and learning how hotel quests respond positively to requests for non-daily sheet and towel cycling as a way to save energy and water, and reduce the use of cleaning products. Today you will find her associations desk cards in hotel rooms across America, suggesting to guests that they help the environment by not requesting daily towel and bed-linen cleaning. Various types of technologies are being implemented so as to assist a hotel to become more eco-friendly, one such technology which was developed is the first environmentally smart hotel, yes! Smart Hotel! The Sheraton Rittenhouse is setting a precedent, and is part of an industry that is keen on cleaning for health, and for the environment. The hotel uses 100 percent organic cotton bed-sheets, chemical-free laundry cycles, energy-efficient light bulbs, and palm trees in the lobby with a superb oxygenation rate. Also the lobby’s reception desk is made from recycled soda bottles. A source from the Hotel’s housekeeping operations department also disclosed that all cleaning chemicals are all non-toxic, water-based, hypoallergenic and biodegradable. â€Å"Green-cleaning products also lead to lower regulatory costs, because managers have fewer toxic chemicals to track and fewer chemical-related injuries† added our source. Global Trends in housekeeping speaks to various activities and planned implementations. There are many different trends that are emerging not just within the hotel industry but specifically the housekeeping department. A few trends within the housekeeping department have been identified and are illustrated below. 1. PureRooms- a new company from the US introduced the group to allergy friendly rooms. PureRooms prepare and treat guest rooms; the process removes up to 99% of pollutants from the air, to let your guests breathe easy. It also protects from irritants such as mould, viruses, bacteria, pollen, and yeast to eliminating odours at the source and leaving the room smelling fresh. Rooms treated by PureRooms can be sold with a surcharge. The treatments include; all air conditioning units cleaned and treated with the installation of tea tree oil in the drip pan of the a/c unit, all surfaces in the room treated with PURE clean solution, high ozone shock treatment, PURE shield bacteria barrier, installation in every room of the electronic air purifier and allergy friendly bed encasements. 2. Inner Scents- an Australian invention of guest products that have an aromatherapy component to their manufacture. Ironing board covers which waft with subtle smells of herbs are a part of this company’s line of products along with other products such as pillow inserts. 3. Optii Solutions- introduced a new Housekeeping software system Optii Keeper, which revolutionizes the way housekeeping operates. This is the worlds first automated, intelligent housekeeping solution for hotels developed by Hoteliers for Hoteliers and with Housekeepers for Housekeepers in conjunction with Intercontinental Hotel Group. Optii Keeper has proven to save up to 20% of housekeeping payroll costs and up to 40% of Supervisor time. It eliminates 80% of phone calls between front office and housekeeping departments and creates a motivating environment by fairly spreading workloads among team members ( optiisolutions. com/en/index. php? id=1, 2012). This helps to improve quality and staff morale and the system saves at least two hours every morning by automating the room allocation process at the push of a button. The housekeeping management team can see in real time if the housekeeping teams are ahead of schedule, on time or behind schedule and the system virtually eliminates the current expense of overstaffing or understaffing by forecasting staffing needs. Conclusion Modern technology is a driving force behind the overall development and sustainability of many sectors and the tourism sector is one such, which has benefited immensely from the advancement in technology, more specifically the housekeeping operations of hotels. Information and Communications Technology (ICT) is one such advancement in technology which has positively impacted the housekeeping department. Technology has also helped to better manage the housekeeping departments more effectively and efficiently. Green technology is another element that has greatly impacted the operations of the housekeeping department through programs such as eco-friendly rooms and smart hotels. Advancement in Green technology has helped the housekeeping department manage its resources better. With more and more hotels adopting Green technology this sees them becoming more environmentally friendly. Global trends also impacts on the operations of the housekeeping department, as new technologies have and are being developed to improve the overall efficiency of housekeeping operations. Trends such as new and improved technologies that foster effective communication between housekeeping and all other departments, advanced equipment such as washers that do everything from dispensing of cleaning agents in correct amounts and the correct type of linen, are just a few global trends which have emerged within the housekeeping department. In concluding, the housekeeping department has been impacted by technology in many ways. The advancements in technology have allowed the housekeeping to be more efficient and effective in performing its functions to the highest level. References Books and Printed Document: Brewer, P. et al. (2008). Current and Future Use in the Hospitality Industry. Bunduhn, R. (2010). Hotel Industry Urged to get Technology Up to Speed. The National Gretzel, U. et al. (2010). Information and Communication Technologies in Tourism 2010. SpringerWienNewYork. Ferdinand Berger SohneGesellschaftm. b. H. , 3580 Horn, Austria Internet sources: (n. d. ). Retrieved from entrepreneur. com/article/201838 (n. d. ). Retrieved from ecomall. com/greenshopping/1greencleaning. htm

Titration Lab Report Example | Topics and Well Written Essays - 750 words

Titration - Lab Report Example In the case of the titration of NaOH with dilute HCl and dilute H2SO4 this point is marked by the sudden and stable change in the color of the base-indicator mixture following titration with the acid. This experiment will determine the volume of the acid used when the end point is reached after 0.1M sodium hydroxide is titrated with hydrochloric acid and sulphuric acid of unknown molarities using phenolphthalein indicator. While wearing safety glasses and a lab coat 100 cm3 of NaOH (aq) was collected in a large beaker. A burette was clamped firmly and filled with dilute HCl  ­(aq) until the bottom of the meniscus of the acid was on the zero line. 25.00 cm3 of the NaOH solution was pipetted (with caution) into a conical flask and then four drops of phenolphthalein indicator added. This flask was then placed on a white tile that was placed directly underneath the burette’s tap. Acid from the burette was added rapidly into the conical flask until the red colour disappeared. The volume of the acid added was noted down as the rough value. The burette was then filled again with dilute HCl (aq) to the zero mark and another 25.00 cm3 of NaOH (aq) cautiously pipetted into a second conical flask and four drops of phenolphthalein added. The acid was then added rapidly until within 2 cm3 of the reading noted earlier, at which point it was added slowly until the colour of the solution in the conical flask just disappeared. The volume of acid used was recorded. These last two steps of the experiment were repeated two more times, after which the entire experiment was repeated again, using dilute H2SO4 (aq) instead of dilute HCl (aq). In this experiment, phenolphthalein was used as the indicator. During the titration, the acid was allowed to mix with the base. In doing so, the pH values changed from basic (>7) towards 7. At the end point, the pH was neutral as this is the point when there are equal amounts of base and acid in the mixture. The chemical equations