Professional Documents
Culture Documents
It is always less the more you see the world. It is full of attractions and adventures, and it’s a
tough job to define the top 5 famous places in the world. Here are the top 5 places to visit in the
world. 1) Great Barrier Reef Great Barrier Reef is the one of the 7 Natural Wonders of the World;
this holds a place on the traveller’s list. The Great Barrier Reef is broadened from Cape York in
the north to all the way to Bundaberg in the south of east coast of Queensland, Australia,
covering a distance of 1,250 miles. They roughly have three thousand coral reefs, six hundred
islands and 1,625 fish species. The Great Barrier Reef has almost 1.6 million visitors enchanted
once a year. They not only provide the neighbouring reef access but also have few other
attractions like the Railway of Kuranda Scenic and the Wildlife territory of Port Douglas. Airlie
Beach is a preferred centre for travellers in the south to its closeness to a cluster of the
Whitsundays islands. 2) Grand Canyon Grand Canyon is the greatest natural wonder of North
America. It is a red hued canyon with 277 river miles long, eighteen river miles wide and 1 mile
deep. The north edge of the canyon attracts few visitors; most of the visitors appreciate the epic
view of the south edge of the canyon. You can also go down into the depth of it via guided hiking
tour. One cans also experience The Heart of the Grand Canyon by raft on the Colorado. 3) Bora-
Bora Island Bora-Bora is just a small island with six miles long and nearly 2 miles wide place,
spread out with the beauty of the nature. Dormant volcanoes have grown up at its centre and fan
out into blossoming jungle before falling into a lagoon. It is called the pearl of the pacific with
lavish resorts, clear skies. You can experience snorkelling, explore Bora-Bora's quaint town-
Vaitape, and hike the Mount Otemanu. 4) The Great Wall of China the Great Wall of China has
thousands of miles long corridor passing through almost 156 counties. It is the largest cultural
and historical monument, humans have built ever. It goes through China ever so grandly, around
rising and falling of the hills and through a vast country-side, from Shanhaiguan (in the east) to
Lop Lake (in the west). It was constructed more than 2,000 years ago to protect china from the
tribes of the north. The most vibrant times to visit the wall are spring and autumn. 5) Taj Mahal
Taj mahal is the one of the 7 Wonders of the World. The Taj Mahal is a beautiful structure for
architecture lover. This enormous marble shrine is situated in north India, is one of the most
recognizable structures on the earth. It was built in the 1st half of the 17th century by Mughal
king Shah-Jahan for his wife “Mumtaz Mahal”. Construction of the building took more than
twenty-two years to complete.
Leadership in Organization
Leaders are persons who form direction for a working group of employees motivate members to
achieve the target. It is process in which an individual influence a team to achieve a common
goal. In other words, leadership is a act by in charge and has authority to take decision which
empowers him/her to implement his/her decisions about organizational, personal. The
Organizational Leadership is the leadership which provide an ability of management to protect
benefits by understanding employees need and company targets to bring them together for
better environment to accomplish the common goals. It is a leader’s role to provide them a better
safer and happier place to work, while focusing on quality service and product. There are several
kinds of leadership in hospitality organizations. Visionary and Strategic Leadership: - Strategic
leadership has a clear and inspiring vision, motivate and encourage actively ownership of the
vision with the help of employees and ensures the vision is clear and effective to motivate the
employee to achieving goals. Authoritarian: -In Authoritarian leadership style, leader has strict
and close control to keep regulation of policies and procedures for employees. Authoritarian
focuses on efficiency, have individual goals, follow one-way communication and controlled
discussion. Paternalistic: - In this style leaders have complete concern for their workers or
employees. Relationship of co-workers and leader are strong. These employees are able discus
any problems to their leaders. Democratic: -The democratic leadership style follows sharing the
decision-making with team members to promote the interests of the team members and to
practice social equality. Laissez-faire: -In this leadership style all the rights and power of
decision making is given to the employees. The leader represents the tasks to their employees
providing little or no direction to the. Transactional: -Transactional leaders focus on motivating
team with the help of a system of rewards and punishments. Contingent Reward Provides
rewards, materialistic or psychological, for effort and recognizes good performance. Leaders
focus on the efficiency, routines and procedures.
Structure in an Organization
NEED OF STRUCTURE FOR AN ORGANIZATION
• Organizational Structure is an effective tool to give employees clear guidelines for how to
progress and how to work. An established organizational structure gives the management a
means to retain order and determine disagreements.
• Structure put employees together. It gives implication and uniqueness to the people who join
the organization, as well as to the employees themselves.
• Organizational structure provides the underpinning on which pattern of the operating actions
and routines depend.
• It also determines the way, by which employee get to contribute in the decision-making
processes. DEVELOPMENT OF A STRUCTURE FOR ORGANIZATION It is important to
arrange a structure at the beginning of the organization's expansion. Structural development can
take place in share to other work in which the organization is dealing. It can take place in parallel
with the organizational growth accomplished. So, they occur side by side in the cycle. This refers
that one should think about to form a structure from the beginning of one’s organization.
FUNDAMENTALS OF STRUCTURE The finest structure for a particular organization is harder to
decide. The best structure for a company or organization depends upon the nature of business,
on its members, and on the growth rate and on the area of in its development. In spite of the type
of structure there are three basic elements of the organization structure. They are inbuilt in the
design of an organizational structure. They are:
• governance
• Rules of the organizational operations
• allocation of work
1. Governance The first basic element of structure is governance, management or the
stakeholders have to make the decisions inside the organization.
2. Rules of the organizational operations the other important part of structure is to have rules to
operate the organization. A lot of of these rules may be clearly stated, while others may be
understood and unspecified, though not essentially any less powerful. 3. Allocation of work
Distribution of work is Inbuilt in any organizational structure. The distribution of work can be
formal or informal depending upon the nature of structure, temporary or enduring as per the
business criteria, but every organization has a type of division of labour.
What is debtor?
A debtor is an entity that owes money to another entity. The entity can be a firm, an individual, a
company or a government. The counterparty is known as creditor. When the counterparty is a
bank, the debtor is referred as a borrower. If you have debtors, it makes you a creditor. The
relationship of debtor-creditor is complementary to the supplier and customer relationship.
Different kinds of debtors Debtor is not only a customer of goods and services, but also a
borrower of money from a bank or a lender. For example- If you take loan from bank then you as
the homeowner is a debtor. While the bank who gave you, mortgage is the creditor. There are
different types of debts. Which resulted into arise of debtor and creditor relationship. This
includes: • Bank debts, • Trade debtors, • loan debt, • Overdraft debts, • Phone debts, • Utility
debts. Default occurs when the debtor has not met its legal obligations according to the debt
contract. For example- it has not made a scheduled payment, or has violated the debt contract.
Default can occur when the debtor is either unwilling or unable to pay its debt.