Elastic Paper

Since the moment when the experimenter begins to perform synchronous strokes of rubber and hidden hands, the situation is changing. The subject starts to experience tactile sensations, but the vision sees the source of these sensations deceptively as the brush is touching the rubber arm. The brain interprets this information in the most familiar way. Where the vision reports, the hand is, there it is. Surprisingly, despite the fact that the kinesthetic and tactile sensations are "tied" to the real hand, and only the visual component is distorted, the image of the hand "jumps" into the rubber arm.

This paper goes over the effects the media had on the O.J. Simpson case and how the media interfered. The O.J. Simpson murder case is touted as the most televised criminal trial in history and from the second the murders were discovered there was a media frenzy. On the night of June 12, 1994 the bodies of Nicole Brown and her waiter Ronald Goldman were found outside of Nicole’s condo both stabbed to death. The suspect, former athlete, icon, and actor Orenthal James (O.J.) Simpson was the main suspect of the crime. On June 16th, 1994 the LAPD pressed murder charges against him and placed a warrant for his arrest

What if there was a way to cure previously in-curable diseases with the help of something in the very first stages of human life, but thousands upon thousands of lives had to be taken to perfect the use of this material? That is exactly what is happening with embryonic stem cells around the world. Pro-life activists, who originally organized to stop the abortions of unborn fetuses, were most angered with the process of actually destroying an embryo solely for research purposes. However, scientists, such as Dr. Andrew Yeager of the University of Pittsburgh, argue that embryonic stem cells are the future of medicine. “This is really where, I think, so much of biomedicine is going to be going in the twenty

Now, there are five competitive forces which shape every business and industry. These competitive forces are the threat of power of suppliers, new entrants, competitive rivalry, power of buyers, and availability of substitute which all will help the café sustain a competitive advantage (Baltzan, & Phillips, 2009). The power of the supplier is low for the café due to the fact that there are many suppliers that the café can buy from. So, if the café is not satisfied with one supplier we can always switch to another supplier with no problems or issues as long they meet the café’s standards and expectations.

Hard Rock is bringing the concept of the 'experience economy' to its cafe operation. This innovation is somewhat akin to mass customization in manufacturing. At Hard Rock, the experience concept is to provide not only a custom meal from the menu, but a dining event that includes a unique visual and sound experience not duplicated anywhere in the world.

1. One reason for the high turnover rate of hospitality staff is the fact that many hospitality jobs do not pay well. Personnel usually begin at a lowest wage rate or below which does not fascinate top eminence long-term employees because these employees are always looking for a better paying position. Situations that pay below tiniest net depend entirely on customer satisfaction and liberality. “Tips”. Around the world, the average beginning wait staff personnel is paid $2.15 per hour by their employer. The rest of their revenue is based pay on the urge of their customers. Monetary turn-downs mean fewer consumers, which in turn shrinkage is wage potential. Add this to the fact that many hospitality positions are seasonal and it is not hard to see why hospitality staff turnover can reach high rates quickly.

Market structure is the physical characteristics of the market within which companies react. This means that there are different kinds of market structure based on how companies work together within a particular industry. Location and product have the most to do with determining the market structure. There are four defined market types. The first market structure is called the perfectly competitive market. The second market is called a monopoly market structure. The third market is called monopolistic competition market structure. The final market is called oligopoly market structure. Each market structure is different and both benefits and disadvantages

Ever since I started to seriously think about my future, I had aspirations of getting a degree and becoming a professional. Specific careers have changed constantly, ranging from becoming a teacher to an engineer. As I got older, I began to assess my strengths and weaknesses as well as my likes and dislikes. I know a college education is essential in today’s economy and society. Doors are opened to those with college degrees and a better lifestyle is guaranteed. A college education is not only economically beneficial but intellectually as well, for it provides a unique learning experience as it caters to an individual’s interests

Customers are the backbone of every business which is why building a solid relationship is essential to the success of every business. In order to remain competitive companies must be able to meet the needs and wants of their customers. With new hotels and casinos on the rise in the Caribbean, the hotels and casinos operated under Diamond Cluster Entertainment are struggling to remain competitive. Their competitors are making themselves known via social media and other online marketing strategies. This company is ignoring the importance of social media which is why they are struggling to remain competitive and build a solid relationship with their loyal customers. Their competitors are also investing in loyalty programs that offer customers free rooms, room upgrades, casino credits, and other perks.

For this project we choose to focus on two restaurants: Panera Bread Company and Cosi Incorporated. These two restaurants operate in the casual restaurant segment of the eating and drinking places (SIC 5812) industry. This industry is comprised of over 670,000 businesses with most, 98%, having less than $5M in annual revenue. Our choices are part of a much smaller subgroup within this industry of companies with over $50M in annual sales for FY13, Panera with $2,385M and Cosi with $86.33M. While both compete with each other for customers, other players in their industry include YUM Brands, Taco Bell, Red Lobster, and Chipotle. Both of our selected businesses operate in similar environments with Panera’s annual report specifying a

The industry’s saturation is moderately high with a monopolistic competition structure. For new entrants, the initial investment is not significant as they can lease stores, equipment etc. at a moderate level of investment. At a localized level, small coffee shops can compete with the likes of Starbucks and Dunkin Brands because there are no switching costs for the consumers. Even though it’s a competitive industry, the possibility of new entrants to be successful in the industry is moderate. But this relatively easy entry into the market is usually countered by large incumbent brands identities like Starbucks who have achieved economies of scale by lowering cost, improved efficiency with a huge market share. There is a moderately high barrier for the new entrants as they differentiate themselves from Starbuck’s product quality, its prime real estate locations, and its store ecosystem ‘experience’. The incumbent firms like Starbucks have a larger scale and scope, yielding them a learning curve advantage and favourable access to raw material with the relationship they build with their suppliers. The expected retaliation from well-established companies for brand equity, resources, prime real estate locations and price competition are moderately high, which creates a moderate barrier to

Starbucks can follow some strategies to differentiate their product even more that will lead to vary their menu prices. For example, Starbucks might create “saving menu” by selling some products at a lower prices to attract even more customers. Also, Starbucks might take into consideration the strategies of opening “Starbucks carts” that open in smaller express places that don’t fit for a whole store. Those “Starbucks carts” will attract even more customers because it is easier to get access to. “Starbucks carts” may provide the customers with low cost products to draw larger market base. To be a best cost provider in the market will allow Starbucks to be the most attractive company in the coffee market internationally. Thus, Starbucks will have a competitive advantage over its rivals by fulfilling the needs of a huge customer base in the market, by providing a high quality products and provide products with the best costs.

Hospitality Management is a difficult and competitive market, and any lack in customer service can result in defecting customers or the termination of a relationship between a customer and a service provider. In this paper we will look at Hilton a company that has continually ranked amongst the top ranking hotels and continues to improve. Hilton’s customer service ranks as one of the top hospitality providers in the United States. We will look at the history of how Hilton came to be the name brand it is today and some of their process the used to narrow the customer service gaps such as Hilton Honors, the Hiltons Reservation Customer Care, and RESMAX. We will look at how they look at how Hilton manages the customer expectations through the use of employee training and their decreased the customer service gap through employee retention. We will also look as how Hilton co-partnered with Citibank in order to offer its Hilton Honors member additional benefits in order to keep in line with the customer service that the customers have come to expect.

Strategic risk arises out of volatility in the hospitality industry, market changes and challenges to brand and reputation;

There are several organizations that have competitive advantages in the industry. However, one familiar organization that has maintained its competitive advantage in its industry is the Ritz-Carlton hotel. Founded in 1983 and headquartered in Chevy Chase, Maryland, United States of America, Ritz-Carlton is regarded as one of the best in the hotel industry and has received several accolades for great customer services (Ritz-Carlton Hotels & Resorts, n.d.). Nevertheless, to fully understand its competitive advantage in the industry, it is essential to analyze its modus operandi. The Ritz-Carlton hotel management understands the value of employees; so ultimately investing in