A CSR for the Abu Dhabi Culture Authority Research Paper

A CSR for the Abu Dhabi Culture Authority - Research Paper Example The impressive hotel took a total of 3 years to build and was opened in November 2005, however there were a number of restaurants and spas that were not opened until the following year as they were not complete by the time the time hotel was opening its doors to the public (Kempinski Group). The hotel can be said to belong to the hospitality as well as luxury industry considering the expensive cost of staying in even the cheapest room available (Kempinski Group). The organization deals with the provision of room and board among other various services involved in the hospitality industry and besides the provision of hotel rooms, there are a number of other facilities that are present within the structure such as restaurants, spas, and other sporting and health facilities that are available to those who are residing in the hotel (Kempinski Group). The building was designed by an architect named John Elliot who was a Senior Vice President at an international firm whose main specialty was in the designing of luxury hotels called Wimberly, Allison, Tong and Goo. The hotel was financed and is owned by the Abu Dhabi government and is under the management of the Kempinski Group. The hotel cost 11.02 AED to build and is the second most expensive hotel in the world after the Marina Bay Sands in Singapore (Kempinski Group). In total, the hotel has 92 suites as well as 302 rooms. 22 of these suites are reserved for hosting various heads of state with ke y public figures having stayed at the hotel before such as the former British Prime Minister Tony Blair (Kempinski Group). The hotel has also been able to hold its own financially generating an impressive revenue of over 50 million U.S dollars annually (Kempinski Group). The cheapest room that is available in this hotel is what is known as the Coral Room that costs $400 a night with the most expensive being the Palace Grand Suite that goes for $11500 a night (Kempinski Group). There are a number of

Slve trades and industrial revolution Essay Example | Topics and Well Written Essays - 750 words

Slve trades and industrial revolution - Essay Example A farmer who produced for his family did not require a market but when the extra pig or eggs were taken to the local market to sell in exchange of coin, a market system came into existence. This coin was used to buy cloth for the family. The capital was now better employed because it could produce something. The market started penetrating material life, the peasant started having an income with which to buy goods, and the labor and land became subject to the market process. The capitalist could then hire labor and rent the land in order to reduce costs by operating on a larger scale than just for the family. The organization of capital changed but the people are not capitalists. Everyone is a worker or a small business man producing commodities. Small businesses sell their services or their produce in exchange for some money while the capitalist starts by borrowing money to produce a commodity and sell it for money. This requires input of labor, raw material and other inputs and the intention is profit. This is the social surplus, the new form that the capital took since 1400. The Atlantic slave trade that started as a trickle in 1440s grew gradually through 17th century. By 1780 an average of 80000 African slaves arrived on American shores (MSN, 2006). Slaves were the greatest exports at one point of time. The plantation slavery in the Americas and the Atlantic slave trade became important to the global expansion of capitalism. When technology was introduced in farming labor became surplus in Europe but emerging capitalism financed explorations in Africa, Asia and the western hemisphere. New World Gold led to even more rapid European expansion. As the capitalists started viewing the New World as a potential for agricultural productions, the need for labor expanded. This led to the exploitation of slave labor. The vast majority of slaves transported to America worked on agricultural plantations. The Atlantic slave trade gained