Case Study Development Team Project Example | Topics and Well Written Essays - 2500 words

Development Team Project - Case Study Example Ong before started off the hotel chain was the founder of Club 21 which is luxury retail and manages all the top most fashion brands such as Giorgio Armani etc. The Halkin Hotel was the first that was established in London and the company than added on more properties in a span of few years. In the hospitality industry it is very important for any company to establish high quality standards of services so as to facilitate the travel experience of the guest. The intangible products are added value through the gesture and behavior of the people delivering the services. The aim of the COMO group is to produce an exceptional experience and a memorable stay at their hotels and resorts. The company thinks itself to be a part of the community in which ever location it selects to perform the business operations. One of the most exceptional qualities of the company is that it believes that creating memorable moments for the guest is very important for the companies in hospitality industry but it is equally important to support the environment, economies and the local cultures (Ross, Lashley 96). The company even aims at delivering the best of services to its guests in the form of the best quality foods served at its restaurants, quick room services, organizing some game for shows its guests, and even developing the best of infrastructure so that the guests staying at their hotels would have a homely as well as exotic experience. The qualities that the group possesses have made the company on many awards in the past few years for its beautiful properties, architectural designs, restaurants etc and even made the name of the company occur in may esteemed magazines. COMO hotels and resorts have incorporated some of the well known designers in its operation so that the guest can have a pleasant stay in their hotels both in the time of locations as well as properties. There is one more outstanding quality that the

Proposal finance Essay Example | Topics and Well Written Essays - 500 words - 1

Proposal finance - Essay Example e main objectives are, first, determine the cause the global financial crisis and secondly, the effect of the financial crisis on the developing country. The research will attempt to answer the following questions; what caused the financial crisis and what was its impact on the least developed nations. The results of the research will be of great importance to both governments and private sector in both developing and developed nations alike. It will enable the governments to come up with strategies for predicting and preventing future occurrences. The private sector will be able to cushion their businesses from a financial crisis and learn how business practices can cause a financial crisis. Many economists consider the 2008 to 2012 financial crisis as the worst since the great depression of the 1930’s. It led to the collapse of financial institutions, decline in consumer wealth (Muma, 2012, p. 6); the stock market dropped worldwide and mortgages default in the housing sector. What started as US mortgage crunch (Sun et al., 2011, p. 2), extended to the other nation especially the European Union. On September 14, 2008, the fate of Lehman Brothers was to be decided (Dolezalek, 2011, p. 7). The eventual fall of Lehman Brothers undermined the confidence and trust of the investors in the financial market. One year earlier, the Bank of England has bailed out Northern Rock, a large mortgage lender (Dolezalek, 2011, p. 7). The financial and banking crisis that started in the developed nation reached the least developed nation through at least three channels. First, the crisis led to sharp decline in world trade volume (Alabi et al., 2011, p. 3) and commodity prices (Alabi et al., 2011, p. 116). Secondly, the foreign direct investment started declining since 2007 and hurt most, the mineral and oil exporting nations (Nafziger, 2012, p. 546). Thirdly, it led to a reduction in the foreign remittances to the least develop countries. The research will extend the body of