Week three Team D Essay Example | Topics and Well Written Essays - 250 words

Week three Team D - Essay Example The Management and operational leaders of Boardman Management, empowers its staff to provide them with quality customer service with the little acts of kindness and offering them the hotel’s specialty services. The mission of Boardman Management Groups also includes retaining its customers by offering them a luxurious and unforgettable experience by continuously improving the quality of its employees, which ultimately improves the overall environment of the Resorts and cottages. The main goal of Boardman Management Group is to identify the individual attributes that an employee adds to its job, after getting acknowledgement and respect from its employer. The main goals of the existence of Boardman Management group also includes designing staffing, recruiting policies and to offer their employees certain benefits and payrolls. Boardman through its employee management practices try to improve the conditions of its resorts and cottages it manages, as the employees are considered to be the key component in the effective management of any place (Baderman Island, 2005). Baderman Island. (2005). Retrieved January 12, 2014, from Boardman Management Group: https://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/BadermanIsland/Board

Monopoly Essay Example | Topics and Well Written Essays - 1000 words

Monopoly - Essay Example It was unthinkable to make diamonds available to the general public. However, supply increased rapidly in 1867 when diamonds were first found in South Africa but until the present day the notion of diamond as a precious and rare commodity remains. Just like the gold miners in California, the diamond miners of South Africa were very attracted by the riches about diamond and tend to rush. But because of the scarcity of resourceful lands and problems with infrastructure and equipment, large scale digging was impossible. This gave the opportunity for businessmen like Cecil Rhodes to rent out pumping equipment and soon realized that he had tapped a vast market potential. By 1880, Rhodes held a large enough share of diamond claims to justify a separate company purely concerned with managing the mines: thus DeBeers Mining Company was created. By 1887, the company was the sole owner of South African diamond mines (Kretschmer, p.1). Ernest Oppenheimer, a German immigrant established himself a s a prominent figure in the South African diamond and gold industry in the following three decades. As a diamond expert, he entered the gold business, created the Anglo-American Corp. of South America and owned a dominant share of South Africa’s gold mines. With his greatest ambitions, he finally gained full control and ownership of DeBeers in 1926 and this was the start of De Beers as a monopoly. There are factors that made it possible for a certain company such as De Beers to be considered as monopoly in the industry. Market structures are determined according to the degree of difficulty of entry and exit in the industry and how their products are differentiated. Monopoly is a market structure characterized by having a single or sole producer of a unique product. This is very true for the De Beers, a Swiss-based company controlled by a South African corporation, as it is the only supplier of diamonds and controls the world’s