Economic development in Caribbean

Economic development in Caribbean The Caribbean is known for its beautiful islands and breath-taking shores. There are numerous sites in this region of thousands of diverse islands. To list a few reasons as to why its a huge attraction to tourists from all over the world, then the coral reefs, colorful fruits, golf courses, sailboats and the wonderful sunsets at the beach are just the tip of the ice burg. Its the perfect place to relax with the family and a Caribbean holiday is the best place if anyone is seeking for a little adventure. The Caribbean seems to have everything for a great vacation from horse riding to hiking, wildlife tourism and much more. Everything from exploring the beautiful waterfalls, going kayaking upriver and even canoeing gives the Caribbean the top most position in tourism category. The Caribbean has both extinct and live volcanoes. It gives a definite adrenaline rush for tourists seeking it. Its tropical rainforests consists of rare and exotic animal species. It is by all means, absolutely beautiful. The Caribbean region consists of thousands of islands and to name a few that are of great tourists interest and as stated in http://wiki.answers.com/Q/What_are_the_names_of_the_Caribbean_islands: Anguilla UK, Antigua Barbuda, Aruba ~ Netherlands, Bahamas, Barbados, British Virgin Islands, Cayman Islands, Cuba, Dominica, Grenada, Guadeloupe ~ France, Hispaniola, Jamaica, Martinique ~ France, Montserrat ~ UK, Netherland Antilles, Puerto Rico ~ US, St. Barthelemy, St. Kitts Nevis, St. Lucia, St. Martin, St. Vincent Grenadines, Trinidad Tobago, Turks Caicos ~ UK and US Virgin Island. Its not only about the adventures but the Caribbean features cites of its rich heritage and unique architecture. If we were to take a look into the most popular tourist attraction in the Caribbean then this would definitely include the Barbados; a small island also called as little England during the British era. It is called so, because it still contains a part of the thriving British legacy, cricket, Anglo Saxon activity and high tea. We have Antigua Barbuda that has more than 356 beaches (representing one for every year). This too is another popular tourist attraction. Then there is Guyana which is a one of the independent members in the Caribbean. It is also known for its beaches and countless rivers and lakes. The best side to it is that gold deposits and diamonds can be found at the river bottoms and hillsides. This place is popular for yachting and sailing. Another beautiful island is ST Lucida. This island is known for its mountains that are covered with forests and the wildlife in it. Such other marvelous sites in the Caribbeans are St Martin, Trinidad, Cuba, Jamaica, Cayman Islands and much more. Situated in the Caribbean Sea is the Roatan Honduras Island that has brought the economy a constant dramatic increase due to the scuba diving fans. This place offers its visitors everything, ranging from marine wildlife to scuba lessons and even certification. It is know for its coral which is very diverse and can be seen easily. Here, tourism is well developed, hotels are well equipped and the resorts are numerous. This place is even called the Caribbeans best kept secret. It is no doubt one of the most beautiful sites and experiences to have. According to Gmelch, George (Behind the Smile: the Working Lives of Caribbean Tourism. Bloomington, IN: Indiana UP, 2003), the Caribbean governments welcome tourists with warm hearts because they realized that the Caribbean economy is completely dependant on tourism, also being referred to as the engine of their growth. Economic development in the Caribbean has benefited merchants, farmers, fishermen and many more. According to Pattullo, Polly. (Last Resorts: the Cost of Tourism in the Caribbean. London: Cassell, 1996), Tourism is a huge contributor to the economies of all Caribbean countries and the biggest contributor to many of them such as Antigua and Barbuda, Bahamas and the Virgin Islands Yolande Wilson MBA 08 In the Caribbean Tourism Fueled by Hotel Development: The Good and the Bad, explains that the success of Caribbean tourism is probably because people have the thoughts of aqua blue waters, warm sand beaches and luxury images on their minds. It is these precise thoughts that play a large role in the tourism business in the Caribbean. This puts all the focus on the tourism companies, services industries and real estate development. Tourism in the Caribbean is as early as 1862 where Jamaica had health spas and cruises that ran to the island but now, the tourism industries in the Caribbean estimates an anticipated contribution of over 18.7 billion dollars by 2011. Another author named C. James Hospedales wrote about the importance of tourism to Caribbean development in (Healthy Tourism in the Caribbean) Saturday, 22nd September 2007. He explained that 25 billion dollars were the gross output in the Caribbean tourism with more than 12 million tourists arriving for stay in the Caribbean and more than 6 million cruise ships. Hotels were completely booked and tourism became very important to the Caribbean economy. Tourism in the Caribbean is even compared to oil in the Middle East. They have also made it a motto Caribbean development through quality tourism which made it clear that the economy will be completely dependant on tourism for the coming years. With the arrival of the internet on 1995 which made it possible to spread the word of all the good and bad news. It was an effective tool in informing the world about this ravishing country. There was also the European tour operators whom made it easy for the tourists to get to the Caribbean from the European countries. However, with the success of increasing arrivals of tourists that helped boost the countrys economy, it also brought in the possibility of diseases being imported from different parts of the world. Yet this did not stop the Caribbean tourism organization from making sure that such issues along with injuries are minimized to its lowest. Their vision was that the Caribbean to be the safest, happiest, and healthiest of comparable destinations in the world Its obvious that tourism has affected the economy of the Caribbean region. These effects are mainly due to the travel and tourism industries. Through Paul McDaniels point of view, an eHow contributing writer in The effects of Tourism in the Caribbean, the economy was affected both positively and negatively. From these effects, wed notice that it includes the Caribbeans utmost and complete reliance on tourism and travel industries. But because, most of these tourism companies are never usually based in a particular Caribbean island, much of the money made does not stay on the Caribbean. This may also appear as a disadvantage for the Caribbean. However, without the competing companies, the economy could also be highly affected. However, David Jessop wrote about Grasping the full economic impact of Caribbean tourism Sunday | September 23, 2007 and questioned if the governments truly understood the importance of tourism, which in his words is the industry that now underwrites the regional economy. He provided reports that were produced over the last 2 years that explained the positive impact tourism had on the economy. These reports were based on the studies produced, supported and encouraged by the Caribbean tourism organization and Caribbean hotel association. It was a clear demonstration to the government that tourism has become the dominant force in the Caribbean. In these reports, the Caribbean tourism is expected to get over 56.1 billion dollars economically with about 15% increase in tourism employment from 2007 to 2017. Basically these earnings are expected to grow over 3 percent per year. Therefore, from these readings its pretty clear that the Caribbean region is economically dependent on the touris m industry. However, if these industries do not remain competitive, then the economic boost could come to an end. The problems that face the Caribbean tourism industry are those of globalization as well as interdependence. Therefore the beauty and nature of the country will not be enough to make the regions case. It requires the government to play a role in supporting it to the fullest. Whether its decreasing the taxes, providing public health education or even changing the policies to fit the countrys increasing economy. In a pacific islands report written by Sir Ronald Sanders in the Benefits of Caribbean tourism must be shared, he wrote about another problem that could affect the tourism industry in the Caribbean which is surprisingly the racial division notion in the island. This existing problem causes constant discomfort among many hotel owners that are expatriates, managers and the citizens yet they dare not deal with it. These problems are being left depressed like the racial division between the ownership on one side and the workers on the other. This problem is expected to worsen in the future if not dealt with now. Given the growing size of tourists coming into the country every year, it would keep requiring a large size of financial investments for the resorts and hotels in the Caribbean. These investments are primarily funded by the white expatriates that own tourism companies and can build or own resorts and any other tourism aspects in the business. This may seem as a problem because th e profits in this case are sent abroad. The country does not benefit and the balance is disturbed. In an abstract written by Harry G. Matthews, 6 May 2009 Radicals and third world tourism: A Caribbean focus, he talks about the metropolitan tourism in third world countries that have brought to question the tourist industries in a more political and social way. He talks about how it could affect the country and in this case, the Caribbean. He believes that tourism is an intrusion which is of metropolitan type, developed by the white people into the world of non-white. He also believes that these are merely fantasies sold to the tourists, causing the rise of cultures in countries like the Caribbean. Therefore the solution lies with the government of these countries where they are trying to bring forth an increase in sophistication. However, it is uncertain of how this action would actually take place. A critique; Tom Womeldorff analyzes the Caribbean tourism in an interesting way in Caribbean tourism: A Critical analysis 10/14/2009. He writes about the western mentality of escaping to tropical islands with exotic animals, plants and warm sunsets. This fantasy is offered by the Caribbean tourism resorts and travel agencies that aim to fulfill the western dream. And recently, the market has included the catering of tourists whom want to experience the exotic island to the fullest. These tourism agencies are expanding to provide whatever desires that could have tourist dollars following it. Therefore these tourist industries carefully construct the hotels and resorts to meet the conceptions and needs of tourists. This perception to perfection however comes with a cost. Although it provides as a source of income to the Caribbean people, it has made them completely commoditized because it requires that they put all their focus in the tourism programme, to make every thing possible. In The state and tourism: a Caribbean perspective by Hilton McDavid, Diaram Ramajeesingh, the abstract mentions an important something to think about and its how the tourism industries are now the center of attention. This is because the country is now tourism dependant. But does the government do what it takes to make sure that the social and environmental needs are taken care off? In this journal, the writers believe that the government have to work harder in order to shape the tourism industries in a way that every sector in the Caribbean benefits. The Stabroek staff| February 5, 2010 inBusiness the Caribbean tourism industry raise an important question Will the 2009 nightmare push regional tourist destinations towards diversification. It is true that the Caribbean got caught up in the economic crisis that took away jobs, homes, savings and much more. The Caribbean people were beginning to wonder if they have to shift towards diversification for their economic incomes. The number of tourists drastically changed and Caribbean development bank activities showed a significant decline. Sharply declining tourist arrivals according to the CDB with other investments, the main transmission channels of the crisis to regional economies. However it appears that the Caribbean has settled down from all the economic problems and found its comfort zone where its reassured that the tourists will keep coming in. the CDG even reports that the growth is expected to return and is likely to become the same by 2011. Although the whole economy of the country, peoples jobs and welfare cannot wait till the crises associated with the whole world is recovered, diversification for a better economy should be considered. In Caribbean tourism looking toward an improvement in 2010 by Linda Hutchinson-Jafar, Jan 28, 2010, after the economic crises that effected the countrys economy due to the decline in tourists rate, the Caribbean tourism industry began improving despite criminal and tax problems in some of the islands. And the earthquake that hit Haiti did not affect the islands economy much. Chastanet said, during and annual event in the Caribbean We will probably end the year 5.6 percent down but were looking for a strong rebound in 2010 And a hotel owner Rene Seepersadsingh The economic situation globally impacted negatively on Tobago. Hotels reported as much as a 40 percent decline in stayover, particularly from the British and the German markets As for Jamaica, it was seeing a 4% increase in arrivals while the other islands were reporting a decline in 2009. This is probably because it was running ads on television across North America, tempting them to join the warm summers. They were very successful with their ads as Barlett who works at the airlines said For this winter season now beginning, we have a record 1 million (airline) seats which is the largest number we ever had. The unusual part is that Jamaica continues to attract tourists even though it is categorized as one of the most violent countries in the world. The murder and crimes rates were 1,680 last year alone. Barlett believes that Its a contradiction. The most iconic attraction in Jamaica is the people. It belies the crime statistics Finally the most spoke about topic in the Caribbean tourism is HARPOONING CARIBBEAN TOURISM: SWALLOWING A DEAD RAT by Sir Ronald Sanders Sunday, March 14, 2010. The new attractions that require full support by the Caribbean governments are the whale watching activities. There was an international meeting held in Martinique from February 18 to 21 on what they call Sustainable Blue tourism in the Caribbean, specifically urging the Caribbean government to not only support this attraction but to protect the marine wildlife and mammal population by providing sustainable jobs to the fishermen. This new attraction is bound too boost the economy situation and the exotic fantasies keep getting better. Thus the Caribbean keeps finding ways to attract tourists and its economy although highly dependant on tourism yet, very rich. References: Gmelch, George. Behind the Smile: the Working Lives of Caribbean Tourism. Bloomington, IN: Indiana UP, 2003. Pattullo, Polly. Last Resorts: the Cost of Tourism in the Caribbean. London: Cassell, 1996 Yolande Wilson MBA 08, Caribbean Tourism Fueled by Hotel Development: The Good and the Bad C. James Hospedales Saturday, 22nd September 2007, Healthy Tourism in the Caribbean The Importance of Tourism to Caribbean Development http://www.4hoteliers.com/4hots_fshw.php?mwi=1433 Paul McDaniel,eHow Contributing Writer, The Effects of Tourism in the Caribbean David Jessop Grasping the full economic impact of Caribbean tourism Sunday | September 23, 2007 http://jamaica-gleaner.com/gleaner/20070923/business/business2.html Sir Ronald Sanders, PACIFICISLANDSREPORT, BENEFITS OF CARIBBEAN TOURISM MUST BE SHARED Tom Womeldorff , 10/14/2009 Caribbean Tourism: A Critical Analysis http://archives.pireport.org/archive/2007/February/02-08-comm1.htm The Stabroek staff| February 5, 2010 inBusiness the Caribbean tourism industry The Caribbean tourism industry: Will the 2009 nightmare push regional tourist destinations towards diversification? LINDA HUTCHINSON-JAFAR | JAN 28, 2010, Caribbean tourism looking toward an improvement in 2010 http://www.eturbonews.com/14106/caribbean-tourism-looking-toward-improvement-2010 Sir Ronald Sanders. Sunday, March 14, 2010 HARPOONING CARIBBEAN TOURISM: SWALLOWING A DEAD RAT http://www.jamaicaobserver.com/columns/Sanders-Mar-14 http://wiki.answers.com/Q/What_are_the_names_of_the_Caribbean_islands In The state and tourism: a Caribbean perspective by Hilton McDavid, Diaram Ramajeesingh, Journal:International Journal of Contemporary Hospitality Management

Strategic Management Process

Organizations develop some form of a strategic management plan to enter, maintain, or continue to enhance their position with other competitors within their industry. The primary goal of any organization is to provide a product or service to produce a profit. Though the objective remains the same regardless of the organization, the strategic management processes may vary. Prior to describing the components of a strategic management process, one must first understand the definition of strategic management.Strategic management is â€Å"a set of managerial decisions and actions that determines the long-run performance of a corporation† (Wheelan & Hunger, 2010). The concept of strategic management allows a company to set goals in order to secure sustainability for the future. There are four steps in a strategic management plan: situation analysis, strategy formulation, strategy implementation, and strategy evaluation (Whelan & Hunger, 2010). These steps are performed in this speci fic order when developing a new plan of management.Situation analysis involves reviewing the internal and external environment as well as the organizational framework of a company. When focusing on internal environment of a company one must focus on the different working relationships within the organization. To analyze the external environment would include evaluation of relationships the company has with its customers, suppliers, creditors and competitors. (Coulter, 2005). The second step in strategic management plan is strategy formulation. In this step the strategies for the company are formulated focusing on its strengths.Strategy formulation can be categorized into three organizational levels: operational, competitive and corporate (Coulter, 2005). Strategy implementation is the next step. In this step the strategies that were formulated in the previous step are put into action. This includes development of operating procedures necessary to implement the strategies set forth. To be successful the problems should be prioritized based on the seriousness of the issue and should focus on the important issues first (Coulter, 2005). The final step is strategy evaluation. In this step the entire process is under scrutiny.This includes how the strategy was executed and the effectiveness of it. In this step changes are made as necessary. For example if goals were not met the strategy should be modified (Coulter, 2005). The Internal Revenue Service began using a strategic management plan in 1985. They use the plan to fulfill the requirements of the Government Performance and Results Act of 1993. As part of the strategic management process The IRS plans and budgets, develops measures, implements the plan, and evaluates the results (http://govinfo. library. unt. edu/npr/library/studies/caseirsa. pdf).In conclusion a strategic management plan is a continuous process and is important to the successful future of a company. Strategies will change as objectives and goals change. The use of a strategic management process is important to the sustainability and longevity of a company. References Coulter, M. (2005). Strategic Management in Action. (3rd ed. ). Upper Saddle River, NJ: Pearson Prentice Hall. http://govinfo. library. unt. edu/npr/library/studies/caseirsa. pdf Wheelen, T. L. , & Hunger, J. D. , (2010). Concepts in strategic management and business policy (12th ed. ). Upper Saddle River, NJ: Pearson Education

The Nuiances of Culture and Tradition Topics Essay

The Nuiances of Culture and Tradition Topics Essay Another crucial step in essay writing is to recognize the kind of essay which you will utilize. The next thing to do is to make an essay outline which will direct you on how you'll compose the essay itself. Explaining how to spend less by employing open-source texts and internet textbook rental websites would result in an extremely informative essay. After picking out the topic and creating an outline, produce a title. 1 ridiculous paper is but one of many on this issue. Okay, now you have the fundamentals about how to opt for an informative essay topic, let's dig into some fantastic ideas! Finally it can be concluded that traditional culture has come to be an integral portion of human race in many regions of globe. Unique cultures have different sort of buildings. Mexican art Mexican art may not be surveyed without explaining the nation's ancient culture. Indian cuisines Indian cuisine contains standard foods dating back to a number of thousands of years back. If you really need to narrow your subject, you might write about a particular individual, like a musical artist who focuses on society or culture. A disadvantage linked to tradition culture is its rigidity, it tends t stay constant for the lengthier time period. If you begin your culture identity essay without preparation, you can make a lot of mistakes. A cultural identity essay is a kind of creative or academic writing that expresses the sensation of belonging to a specific culture credited to the growing up and becoming a distinct person with its personality. The War Against Culture and Tradition Topics Essay Cultural feature of society is an incredibly extensive topic. Herein, the society may also be homogenized in terms and conditions of their inclination to taunt the miserable status of the individuals. Other people point to media and societal pressures. After that, write about the effect of those changes. Religion is really the most important in cultural society. The Reflection on the Tradition Though we've got a joyful family, we additionally experience our setbacks. Decisions are always made by the best management. Education is the fundamental need of human. Facts, Fiction and Culture and Tradition Topics Essay The certain type of tradition could have a deep and lasting effect on how that youthful person sees himself later on. Speaking about something an individual used to fail is recommended. The picture of a few of the dresses has been displayed together with the color so that it will become simple for the buyer to create the best alternative. What can appear normal to one can appear odd to another. All family members are especially delegated responsibilities which lead to sharing and nobody is burdened. Think about the precise message that you need to transmit to readers. As a way to be easy and loving, you simply need to be yourself. Write about the very first time you remember meeting someone from a culture aside from your own. Haiti culture is well-known for its great festivities. Indians are always well-known for their mild and gentle behaviour, regardless of lots of aggressive activities by the folks of different religions. If a society doesn't have traditions and customs, young people can not understand how to treat to seniors, like their grandparents. Likewise Haiti women also dominate in marketing and especially in sectors that handle goods like garden produce, tobacco and fish. Some objects are thought to be auspicious while some are considered to be evil in various societies and become a component of their traditions. There are lots of nations in Asia and among the Asian countries who has left its mark all around the world are the Indians. India is a renowned country throughout the world for its culture and tradition. It is known as the land of culture and tradition and is one of the oldest civilizations in the world. Language is the main cause of culture. It is the main vehicle of culture. It is one of the most important forms of material culture, without language there is no concept of culture. Additionally, there are many languages gjid dialects spoken in various parts of the nation. Cultures aren't uniform. Traditions may speak of superior breeding. They help to identify people.

Adaptability and Taking Initiative in an It Industry

Studying the importance of competencies of Adaptability and Taking Initiative in an IT industry and also the degree of difference between the importances attached to both Abstract This paper aims to study whether the competencies of ‘taking initiative’ and ‘adaptability’ in a management graduate are considered one and the same by a person working in an IT industry or if the two differ. A research was conducted by putting forth various questions related to both the competencies to people working in the IT industry and the results were analyzed to check if the competencies were treated the same or differently by the respondents. The figures proved that both the qualities i.e. one of taking initiative and being adaptable are given varying†¦show more content†¦* Samples are independent. * Variances of populations are equal. * Responses for a given group are independent and identically distributed normal random variables An ANOVA table with pictorial representation of the mean and their range is shown in figure. The symbols used are standard symbols from an ANOVA table. One-way ANOVA showing analysis of variance in ‘Initiative’ and ‘Adaptability’ traits for the IT industrySource DF SS MS F PFactor 1 4.805 4.805 9.28 0.004Error 44 22.772 0.518Total 45 27.577S = 0.7194 R-Sq = 17.42% R-Sq(adj) = 15.55% Individual 95% CIs For Mean Based on Pooled StDevLevel N Mean StDev ---+---------+---------+---------+------C1 23 3.3391 0.7849 (-------*--------)C2 23 3.9855 0.6473 (--------*--------) ---+---------+---------+---------+------ 3.15 3.50 3.85 4.20Pooled StDev = 0.7194 where C1 = Initiative and C2 = Adaptability | ANNOVA The level of significance (p-value in the table) is the probability of committing Type-I error. A level of significance up to 0.05 (5%) was accepting both the competencies initiative and adaptability as being different with different levels of importance being attached to it by the IT sector professionals.Show MoreRelatedSample Resume : Soft Skills1280 Words   |  6 Pagesskills which include communication, relationship building, and service orientation, are most important to an attorney engaging and creating a successful career. It is amazing that they are not taught this in law school and only implement training initiatives that focus on developing an attorney’s service oriented skills. Very few people are fired because they lack technical knowledge but because they lack soft skills. 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