Saving the Environment and the Bottom Line Essay - 1

Saving the Environment and the Bottom Line - Essay Example Environmental Protection Agency which seeks to protect the future of our nations water supply by offering people a simple way to use less water with water-efficient products, new homes and other related services. In this case, a good example can be draw from Xavier Hotel. It can save 15 gallons per person per day implementing various improvements. With our operations including 375 rooms and if it’s occupied 70% of the time with 1.4 people, our yearly annual saving in gallons will be 2,015,895. This means that about $ 115,309.194 is saved a year. In order to purchase water sense labeled products such as toilets, showerheads and sinks from â€Å"www.lowes.com/† it will cost Xavier Hotel approximately $ 134,617.50 for all 375 rooms without any kind of industrial discounts and employee costs. Electricity consumption is a big problem in hospitality business. Guests and other staff members might waste electricity without knowing it. There are a couple of solutions that can be implemented in order to prevent extra electricity usage. For guest rooms, the hotel should use guest room key as an electric power by placing the room card into an electric source so it can save electricity usage while guests are not inside the rooms which is called key activated guest room energy management system. Also, the hotel management could use magnets for windows that is, if windows are open, it can directly turn off the air conditioning system. There are so many guests that leave windows open while they are sleeping and they also do not turn of the air conditioning system without knowing it this can lead to extra consumption of electricity. Hotels also consume electricity in the hallways. Hotel management could place motion sensors in order to prevent electricity usage. So if there is not an yone walking in the hallways, motion detectors can save

Macroeconomics Essay Example | Topics and Well Written Essays - 1500 words - 5

Macroeconomics - Essay Example s New Zealand’s low rate of unemployment related to its slow economic growth, or is the low rate of unemployment related to its high rate of inflation? Is tight monetary policy contributing to the slow economic growth of the country? Is the high inflation contributing to low economic growth? These and many other questions remain unanswered. This paper aims at providing answers to the above questions. The paper intends to do this by gathering relevant information on unemployment, economic growth, inflation and monetary policy in New Zealand and evaluate it in relation to relevant theories so as to gain a reasonable basis for explaining seeming controversies identified above. The rest of the paper is organised as follows: section 2 provides information on economic growth, inflation, unemployment, monetary and fiscal policies in New Zealand; Section 3 provides a discussion of the facts outlined in section 2 in relation to relevant economic theories; and section 4 provides some conclusions and recommendations. According to Evans et al. (1996) New Zealand launched into a sequence of economic reforms following a constitutional and foreign exchange crisis in 1984. These reforms have been described by David Henderson (1995) cited by Evans et al. (1996) as â€Å"one of the most notable episodes of liberalisation that history has to offer†. The economic reforms included macroeconomic stabilisation and structural change. According to the OECD (2007) New Zealand began economic reforms 2 decades ago, which have laid the foundations for entrepreneurship and innovation in the country. The country maintains a well functioning product market, as well as a flexible labour market. In addition, the economy has been very open. (OECD, 2007). New Zealand also maintains world-class Public research organisations in many areas, especially in education and health. (OECD, 2007). Despite these positive aspects of the economy, the country has failed to maintain record levels of economic