Fractionals and Related Shared Ownership Formats Essay

Fractionals and Related Shared Ownership Formats - Essay Example Timeshares first became popular in the 1980s with people searching for very attractive and even unique vacation locations which would still be affordable for their families. The genius of the timeshare is that it allows the purchaser to own his or her vacation residence for only the part of each year during which that vacation may be taken. For To meet the important need for variety of vacation locations, many timeshare providers have exchange arrangements with other timeshares all over North America or even all over the world. Thus, by purchasing a timeshare in a particular resort location, if the unit is available for that additional period. Some offer the opportunity to use other resorts in place of the home facility as an extra-cost option. Various other upgrades and enhancements may also be offered, and sometimes even included in the base price, particularly if the prospective timeshare buyer is hesitating at making a commitment. What is virtually universal with timeshares are additional fees and charges which are required in addition to the basic investment to buy fractional ownership of a part of the facility. Maintenance fees are mandatory for the upkeep of the resort, and can be quite substantial. There may be separate charges for non-routine maintenance such as the easy. replacement of furniture or appliances. Property insurance and similar costs are often borne by the owner of the timeshare, or are pro-rated among the ownership base.. As with other forms of fractional real estate, selling the part ownership is usually not easy. Many timeshares today offer deeded ownership so that the purchaser has legal confirmation of ownership, but having a deed and selling the property are not the same thing at all. Those who buy timeshares are often induced to do so by explicit or implicit promises of likely property appreciation and enhanced worth, so that investment gain is a major motivation for some timeshare purchasers. Usually, however, those owners must sell their fractional share in the real estate market, as resorts are very reluctant to buy back a fractional share they have sold while, at the same time, continuing to sell further shares to the public. This would obviously put them in competition with themselves in trying to re-sell the repurchased timeshare to another potential owner.

Grace Nichols comes from Guyana and Hugh Boatswain from the Caribbean Essay Example for Free

Grace Nichols comes from Guyana and Hugh Boatswain from the Caribbean Essay Writers who came from over seas write the two poems that I have been asked to analyse. Grace Nichols comes from Guyana and Hugh Boatswain from the Caribbean. The poems deal with identical themes, a man who has immigrated to Britain from the Caribbean, and must learn to adapt to a new life and culture. Both men suffer a sense of loss for their past, but in Hugh Boatswains poem Old Father, the central character tries to forget about his earlier life. Hugh Boatswain writes the poem Old Father in a Caribbean dialect. It is a narrative poem, which tells the story of old fathers arrival in Britain. At first old father is very unhappy, we can see this in the quote. Man, a takkin de nex boat back home. The writer is trying to show the reader that old father is thinking of taking the next boat back home. At this point in the poem old father still uses Caribbean dialect. I think that the use of the word home tells the reader the old father wants to go home. Later as he forgets about his past and rejects his earlier culture. Old father is trying to ignore his heritage and trying to become English. We can see that old father rejects his earlier culture when he makes jokes about his people to the white people, we can see this in the quote. tut tut, he would say, isnt it disgusting how they make a spectacle of themselves. The poem is divided into four stanzas. The writer uses alliteration and assonance, to give the poem a rhythmical sound. Assonance is where the vowels sound the same in a line, for example in this quote. make him bawl in his small basement room. Boatswain also uses alliteration when he repeats b consonants. We can see alliteration in this quote. Bouncing down the road with a blond. We can also see the writer using personification in the quote. Cold bite him hard. The poem gives a lot of detail about old fathers life and now he changes to adapt to his new life. He changes his appearance by straightening his hair and ignoring his old friends. The writer is quite critical about old father, he sees him as betraying his identity. Island Man written by Grace Nichols is an imagist poem. The writer gives images or pictures of the mans dreams rather then telling his story directly to the reader. The poem is written in free verse, without rhythm. However, the writer uses alliteration in the phrases. Sun Surfacing heaves himself Nichols also repeats word, we can see this in the quote. groggily groggily muffling muffling Which describes the man waking up. The repetition helps to emphasise the emotions of the man. The poem is divided into the mans dreams of the Island and his waking life in London. The writer uses enjambment, which means that each line flows into the next. We can see an example of enjambment in the quote. Morning and Island man wakes up This gives the language in this poem a rhythmical pattern like wave on a beach. The use of colours is very important in this poem. The dream Island is blue surf and small emerald Island. In contrast London is grey metallic soar. By reading and analysing the two poems Old Father and Island Man I have come to a conclusion that I think that the poem Old Father is better in the sense of language and themes. I enjoyed reading the poem Old Father more because the writer has used a large range of language skills. It also shows the use of Caribbean dialect, and the way the writer has structured out the poem.

Motivation Theories in Project Management

Motivation Theories in Project Management In this assignment I will present my views about some motivation theories and how they can be applied or not applied when running in a project mode Introduction About Societe Generale Albania Banking sector continues to be one of the most important economic sectors and one of the most rapid growing businesses in Albania in the last 10 year (Bank of Albania, 2010, www.bankofalbania.org). Societe Generale Albania, previously named Banka Popullore, started its activity on 1st of Mars 2004. In 18th of April 2007, Societe Generale Group acquired 75.01% of the shares of this bank. The bank has its head office in Tirana and is present allover Albania with 41 operation branches. At the end of 2009, the bank had 379 employees, both Albanian and French nationality (Annual Report 2009, 2010, www.societegenerale.al). About the case study Being on the most important economic sectors has created enough space for operation of 17 Banks in a relatively small market like Albania. With such a high competition it is very important that banks stay always in line with economic developments and react fast toward customer needs for new products or adaptation. Our bank is quite small and there are frequently high pressures for sharing resources in order to complete in time and with budget different operational or business initiatives. These needs has made mandatory for bank management to apply a matrix organizational design in our organization. Such organizational structure are quite complex when it comes to management and control of staff performance, as they bring the employee in front of two managers, the department manager and the project manager. Now days project management is becoming a key component of the success for eveyr organization in any sector and such the motivation of employees working in projects is of a great interest for both the project manager, as the main beneficiary, and the organization. There a lot of researches and studies for motivation in standard organizational structure, but the topic is considered as less explored when it comes to project management (Dwivedula and Bredillet, 2009). Theories of motivations Motivation is the driving force within individuals that compels them physiologically and psychologically to pursue one or more goals to fulfill their needs or expectations, (Lam and Tang, 2003, p. 61). Why do managers need motivation? If we agree that an output of motivation is control, than we may say that a manager needs motivation to make people do the things he wants and stop doing the things There are currently a lot of theories to explain the nature of motivation and help mangers on addressing it according to their needs. These theories do not conflict between them, which means the manager can use any of them or even combine them. In my assignments I will be focused in 2 theories; The hierarchy of needs as the most first one and most well known by all kind of managers and The dual-structure theory since it was developed based on a research on engineers and accounts, which is about the same environment and employee nature as in my bank. The Hierarchy of Needs This is one of the most well know need theories of motivation and was developed by Abraham Maslow in 1940. According to this theory the needs are organized in 5 main groups of needs that stay together in the form of a pyramid (Maslow, 1943): Physiological Needs; they stay in the bottom of the pyramid and include the basic needs of every human been such as: the need for food, drink, education, medical care, etc. Every organization can provide these needs by providing good working condition and a salary to their employees. Security Needs; includes the need for feeling safe and secure, having a secure job, having a home and a future. The organization can satisfy these needs by offering job continuity, health and retirement plans. Belongingness Needs; includes the needs of humans to love and be loved, to be accepted by others, to take and give friendship. Most of this needs get satisfied by the family ties, but this is not enough since we spend a considerable time of our life in our works. Managers and direct supervisors can play a significant role to satisfy these needs by encouraging the work in group, enhance their communication with employees and provided basis for social interaction between employees. Esteem Needs; the needs of this group in be divided into two major needs, the need for self respect and the need for being respected by others. The organizations and managers can satisfy this by job title, awards, recognition of merits, benefits etc. Self-Actualization Needs; is the highest level of the hierarchy and includes the need we have to be the one we want to be in order to be self fulfilled. If all the other levels of the hierarchy are fully satisfied, it does not remain a lot for the managers to do to satisfy this need, all they need to take care off is make sure the individual has a challenging job and that other needs in lower level become deficient. According to the theory the needs of each level should be satisfied before going to the next level until we reach the self-actualization needs, however if during our road to the top of hierarchy, a lower level of need become deficient again the individual returns to that level (Moorhead and Griffin, 1995). Despite the fact that the theory is well recognized among many organization and managers due to the intuitive logic and easy understanding, the theory is not fully validated either by Maslow or any other research, in contrary many deficiencies have been identified (Wahba and Bridwell, 1976) It is important to mention that the most basic needs are provided by the top management of an organization and more we go up in the hierarchy of needs more we go down in the level of management responsible to satisfy these needs and turn them in motivator for improving job performance. The Dual-Structure Theory The theory was developed by Herzberg on late 1950s based on a research with a couple of hundred engineers and accounts (Herzberg, 1968). The finding of this research proved that different set of factors were connected with different feelings about work. The motivation of an employee goes in a two step process, first satisfying the employee (eliminate any factor which may bring dissatisfaction) by hygiene factors and second go with motivation factors. The motivation factors would result at the end with satisfied and motivated employees who can have a long term and positive job performance. The combination of these factors can set employee in four situations (Herzberg, 1987): Satisfied and motivated employee. The target situation for having the best performance. Satisfied but not motivated. The manager should find the way to apply motivation factors and change the status; otherwise the de-motivated employee will bring low productivity and bad quality. Not satisfied but motivated. The company should change its policies and rules and try to change the situation. An employee is not expected to stay to long in this status. Not satisfied and not motivated. The worst situation, both company and managers have a lot to do. These employees will bring to the business apart from the low productivity and bad quality a lot of complains, strikes, no communication. The hygiene factors, when they exist are in placed by the company strategy and/or governments rules and they are not directly related to the performance and ability of anybody. In opposite with them, the employee can get the motivation factors only by his involvement and his work. (McCrimmon, 2008). The theory has been analyzed more than any other theory in the field of organizational behavior (Pinder, 1998) and the results are quite contradictory. Studies and researchers which use the same method support the theory, other ones criticize it for the research population used, which is limited only to accountants and engineers, for not taking into account the individual differences, since a motivation factor can depend individual age and/or organizational model (House and Wigdor, 1967). Herzbergs theory states that money does not motivate employees but only satisfies them (Herzberg, 1968), due to this statement the theory is widely discussed and analyzed in studies and researches about the rewarding and motivation (Beel, 2007).The rewords supporters are totally against it and they say it does not have evidences to prove that money is not a motivation. Another aspect of critics is the fact that the theory does not take in consideration the circumstances, what does motivate an employee today, not necessary satisfy and motivate another one tomorrow (Robbins, 2005). Visual presentation of the dual structure theory (http://www.tutor2u.net/business/people/motivation_theory_herzberg.asp, Nov 2010) Motivation in Project management PRINCE2 manual defines a project as: a management environment that is created for the purpose of delivering one or more business products according to a specified business case. Another definition is: a temporary organisation that is needed to produce a unique and pre-define outcome or result at a pre-specified time using pre-determined resources. Being a temporary organization and with specific targets, the project organization is a more complex structure than a normal organization unit and different rules and practices are applied in every aspect of organizational behavior, including motivation. In 2008, our bank started a project for migration of existing core banking system into a new and modern one as part of the group strategy for mutualization of IT services. The project team was composed by more than twenty employees coming from different departments and sectors, covering many different positions such as; translators, business analysts, IT developers, organization and even a public relationship specialist. We knew since the beginning that such a challenging and multidimensional project could not succeed without a motivated team. Why do we need motivated staff? Is motivation the only factor for having a good performance? Conclusion Projects by definition are a temporary organization, this automatically excludes some motivation techniques which become irrelevant due to the time required to give their effects. What should we do? Should we leave motivation only to be applied in standard organizational structure?

Leading With The Heart :: GCSE Business Management BTEC Essays

Leading With The Heart I. Preseason Ch. 1: Getting Organized Establish right away in the first meeting the only rule for the team: â€Å"Don’t do anything that’s detrimental to yourself. Because if it’s detrimental to you, it’ll be detrimental to our program...† (Krzyzewski, 2000, p.4). Don’t dwell on it, so it does not ruin the moment. Recruit individuals who want to be part of a team and who are cacheable. Use plural pronouns from the very first meeting on. Use the words â€Å"our† instead of â€Å"my,† â€Å"we† instead of â€Å"I,† and â€Å"us† instead of â€Å"me.† Leadership on a team is plural, not singular. Make sure you are not the only one speaking in meetings, especially the first one, to demonstrate the principal of â€Å"we’re all important† (Krzyzewski, 2000, p.7). Include players, assistants, trainers, and team managers. Time Management During the first meeting, hand out notebooks and pocket calendars with important dates listed, such as practice times, special events, and game schedule. â€Å"Teach time management, not only as it relates to individuals, but as it pertains to a group† (Krzyzewski, 2000, p.18). Academics Remind athletes to tell professors of their schedules, when they will be missing class, and their plans on what to do for getting the materials they missed. Encourage the athletes to get the total university life experience. That is why there are no athletic dorms, so there is no separation between the athletes and student body. Stress the honor in academics and all things. Rules The rule â€Å"don’t do anything detrimental to yourself† covers a wide variety of things. Establishing too many rules gets in the way of leadership. â€Å"Don’t be a team of ‘I got’chas† (Krzyzewski, 2000, p.10). Leadership is â€Å"ongoing, adjustable, flexible and dynamic,† and so it allows the leader to have discretion. No â€Å"hard and fast rule† gives the leader the flexibility in different situations and provides the â€Å"latitude to lead† (Krzyzewski, 2000, p.11). Support System â€Å"Set up a family support system for your team. It’s like getting a shot to keep away jealousy† (Krzyzewski, 2000, p.12). Distribute laminated cards to each individual with the phone numbers of staff and fellow players. Remind them to call somebody when they’re in harms way. A Handshake Deal Make handshake deals with players during the recruiting process, and tell them of the â€Å"fair but not equal† policy, which means be â€Å"fair† in everything that you do, but players

Modern audience Essay

‘The Taming of the Shrew’ involves a rich businessman, Baptista, who has two daughters. He forbids anyone to court his beautiful daughter, Bianca, until he finds someone to marry his other daughter, Katherina, who is labelled a shrew. The man marries Katherina is Petruchio; who treats her cruelly until she obeys and agrees with him.  At the time the play was written, the role of women in life was different. Today, we learn that men and women should be seen as equals. In act 5 scene 2 of the play, this is not seen. In Padua, women were seen as possessions of men among with other things such as the man’s house or horse. It was a woman’s duty to obey her husband and because Kate did not, she is seen by the male characters as unnatural which is evidence of evil. With a modern audience, this role of women will cause some people, especially the women, to feel insulted or uncomfortable. In the play, if Kate is dressed in old-fashioned clothes then her speeches will be taken seriously, but if Kate is dressed in modern designer clothes with sunglasses and maybe a mobile telephone, then the audience will assume she is being sarcastic in her speech. A lot of what the audience thinks will also depend upon the other characters’ reactions to what Kate says. They could be shocked and surprised at what she says or they could see it as a big joke. I will describe how I would direct part of act 5 scene 2 to a modern audience. This is where most of the main characters are together and Petruchio shows all the other men that he has tamed Kate. All the men have had a bet on whose wife is most obedient.  The men will be playing cards and the women will be talking in a nearby room. The servants, Biondello and Gremio will also be playing cards with the men because they are good friends of their masters. The men will be dressed in casual suits with loosened ties to create the effect of the upper class relaxing. Kate will be wearing a long, flowing dress to show that she is like an ordinary upper class lady rather than the more radical clothes she would have worn before she was tamed. Bianca and the widow would also be wearing the same style of dress.  I want the audience to think that although Kate has been disciplined and obeys Petruchio, she is still her own person. All the other men will think she is her old self and will never be to be like her sister, Bianca. After being called for by her husband, Petruchio, Kate will enter the mens’ room, dragging Bianca by the hair. This will show the audience that even though Kate has changed to be more like her sister was, she still doesn’t get on well with Bianca. Bianca is seen gradually becoming like how Kate used to be. The two are almost swapping personalities. Lucentio is very disappointed with his wife, Bianca and she would react to him by saying this line slightly crying:  Ã¢â‚¬Å"The more fool you for laying on my duty†Ã‚  the audience would be quite astonished by this reply because she is usually very quiet and obedient. This would be a significant part to show how Bianca is also changing. I will now go through the play line by line and describe how I would direct it.  Ã¢â‚¬Å"Katherine, I charge thee, tell these headstrong women/What duty they do owe their lords and husbands.†Ã‚  Petruchio wants Kate to tell the people how a lady should act towards her husband or lord. The crowd will now think that although Kate has changed, she will not do it. But she does with pride. Kate starts her speech by insulting the widow and saying that she should respect her master. â€Å"Fie, fie, unknit that threatening unkind brow†¦Thy governor.†Ã‚  I would get the actress to say this in a sarcastic but malicious way because although she respects Petruchio, she has her own free will and also wants to intimidate the widow. As she says this, I would get her to walk up o the widow and the widow would cower away into a corner. This will show the audience that Kate is still domineering.  Ã¢â‚¬Å"Thy husband is thy lord†¦sea and land.† Whilst Kate is saying this part, she will go up to Petruchio and kneel in front of him to show the audience how much respect she has for her husband.  Ã¢â‚¬Å"Too little payment for so great a debt†¦owes the prince.†Ã‚  She is saying that women have a good life and hardly have to repay their husbands for all the things he does for her. As she says this she will scan across the room, glaring at the other wives as if to say that they don’t repay their husbands enough and should be thankful he hasn’t left them.

Issues In Our Society essays

Issues In Our Society essays Psychology is the scientific study of human and animal behavior. It is made of theories and tries to prove why we behave the way we do, our mental processes, our emotions, and our actions. In this writing assignment I will discuss why some people choose to behave so outrageous that we see it as abnormal self-destructive behavior and why others try to fit in this society and follow the rules. In the United States theres people from all over the world from different cultures and traditions. I will give my personal opinion on some of the issues and controversies in our country. My first issue is about drugs. Many people feel that certain illegal drugs like heroin, marijuana, and cocaine should be legalized. I think its a crazy idea, people feel that is they legalize it at first we would buy it but then we would get bored and the use will decrease, but how many lives will be lost? Is it worth taken a chance? I dont think so, tobacco is legal and people dont get tired of smoking, so if they legalized these drugs more and more people will get addicted. The effects of any drug depend on several factors like the amount taken the users past drug experience, the manner in which is taken, and circumstances. Heroin is a highly addictive drug derived from morphine, which is obtain from the opium poppy. It is a downer that affects the brains pleasure systems and interferes with the brains ability to perceive pain. Heroin can be injected into a vein or a muscle, smoked in a water pipe, inhale as smoke through a straw or snorted as powder via the nose. Cocaine is a powerful central nervous system stimulant that heightens alertness, inhibits appetite and the need for sleep, and provides intense feelings of pleasure. Cocaines short-term effects appear soon after a single dose. Marijuana is usually smoked as a cigarette or in a pipe or a bong. If you have a job a...