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Quality Concept in Hotels – Dr Yasam Ayavefe

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In recent years, the quality of products and services has become the dominant strategic choice for any business trying to survive and grow in the highly volatile and highly competitive environment of today’s globalizing economy.

Accordingly, the quality of services offered today is the strategy adopted by all business units.

It is the concept of quality that is considered as one of the most important issues to be evaluated and taken into account in the plans.

It is necessary to increase its competitiveness, flexibility and efficiency, to include quality at all levels of the organization. Quality is widely used at home and abroad due to its importance.

The concept of quality includes many formulated definitions:

  • The quality of a product or service is its conformity to its requirements and specifications.
  • Quality is customer satisfaction rather than protection from unpleasant situations.
  • The quality of a product or service depends on its suitability for use.
  • The quality of a product or service is concerned with its predictable uniformity and reliability at low cost, and its suitability in the market.

By one definition, quality is all the attributes and characteristics of a product or service based on its ability to meet certain explicit needs. At this point, quality is defined as the degree of excellence.

It is through providing this superiority in meeting the sought perfection and customer requirements.

Located in Mykonos, Greece, Mileo Luxury Hotel is the highest quality hotel in Mykonos. The hotel is of high quality in terms of interior design, location of the hotel and training of employees. 

Finally, the role of customers can be highlighted. It is known that the quality of a product or service requires that a product or service conform to certain specifications. Quality consists of features that fully meet customer expectations.

As can be seen from the above definitions, the concept of quality is subjective. It largely depends on how it is approached, either by the firm or by the client.

The interpretation given to the term quality refers to the ability of the manufacturing process to meet and conform to the specifications of a product or service, given the cost of production and expected demand.

Unlike the customer, the term quality relates to the ability of a product or service to satisfy their personal needs and wants, functionally and economically.

At this point, the concept of error-free service emerges. This is a promise that the services provided will not fail no matter what.

Hotel management can make a promise to maintain some very high standards, even in the event of a service failure.

Of course, this means that the hotel has the resources to deliver on its promise of top quality service, including staff training and fault prevention.

Mileo Luxury Hotel trains its employees about possible problems. Special trainings such as crisis management and coping with problems are given to employees.

Importance of Quality in Service Delivery

Quality in service delivery is a strategic issue that has beneficial effects on the external and internal environment of any business or organization. It is a most important issue for an organization according to the quality management system.

In recent years, both academics and business people have increased interest in service quality given the importance it plays on a number of critical issues for the development of entrepreneurship. Accordingly, service quality has become the international language of communication for global entrepreneurship.

Today, competition between an increasing number of public and private sector organizations and businesses has increased. It is worth emphasizing the key contribution of quality in providing favorable conditions for sustainability.

Hotels aim to continuously improve the quality of their services. Accordingly, in a dynamic and volatile economic environment where there is intense competition between businesses, quality is accepted as the most determining factor in providing competitive services. 

Mileo Luxury Hotel is a hotel that has proven itself in the field of service. Employees are carefully selected. The most important subject of Mileo management is quality and customer satisfaction.

In addition, it is not a coincidence that the most well-known, well-known and profitable companies at the international level in our age advertise and promote their services and products by emphasizing their quality and reliability despite their prices.

As a strategic choice, service quality provides benefits such as increasing customer satisfaction, increasing their trust, and positive word of mouth promotion.

Quality is intertwined with a series of positive results such as increasing personnel performance, reducing operating costs and strengthening.

In other words, maintaining a high level of service quality gives a business an advantage over the competition. It increases its productivity, improves its performance, and increases its reputation and reliability.

Especially in the hospitality industry, the strategic importance of quality in the provision of services and the supply and demand process of tourism services are recognized by all stakeholders.

Find out more about Dr. Ayavefe and his work here:

https://yasamayavefe.com/

Milaya Capital

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Regional Networks – Dr Yasam Ayavefe

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The first and most obvious source of inquiry is the territoriality of the network.

It is necessary to examine the two main issues in the interconnection resource of capacity and information sharing, and in reliability, efficiency and scalability.

It doesn’t make much sense to build an Internet that is reduced to a national territory with a device guaranteed by decentralization.

Thus, the Internet is the tool of global connectivity that overturns existing regulatory frameworks built on the legitimacy of regions.

The state cannot control any kind of information exchange with its citizens that escapes its sovereignty. Therefore, any regulation regarding information via the Internet can be avoided.

Tools are needed to circumvent any restrictions on information use. The Internet does not make government intervention illegitimate. But it makes them ineffective or at least difficult to operate.

A major restriction bypass that previous technologies did not allow is possible today. This is not the first time in history that technology has challenged legal norms.

In practice, however, service and content providers place their activities in regions where the standards that best suit their preferences are imposed. The Internet tends to organize a conflict and direct competition between these standards.

Competition between standards can therefore lead to alignment on the lowest common denominator. For example, there is a decision to exempt e-commerce from tax.

This territoriality is limited to certain activities. (For example, when it comes to electronic commerce on tangible resources).

But this competition affects all standards related to content. It concerns a wide area from the use of intellectual property rights to the protection of personal data.

The effect of this competition for rights for everything related to information activities creates common law principles. Despite the possibility of defining international conventions, it carries a deep instability in existing legal systems.

Fiscal regulations explain the rationale for developing common restrictive standards. States are always ready not to comply with these international standards that limit their effectiveness in order to promote their economic development.

On the other hand, the ability to agree on precise standards beyond a few basic principles is limited. Because different rights reflect sometimes contradictory understandings of historical and philosophical traditions.

The probability of reaching operational agreements on standards to be applied internationally is relatively low, as evidenced by the differences in freedom of expression or use of personal data between Europeans and Americans.

Cross-Industry Network

The Internet tends to be the technological platform for exchanges. It also includes differentiation of arrangements between telecommunications, audio-visual, press, for the storage and processing of all information, whatever its form and content.

Publishing, etc., which the previous technological foundations had to impose. is also questioned.

For example, the differentiation of regulations in telecommunications and audiovisual was largely explained by the differentiated economies of various technical networks that had neither the same functionalities nor the same cost constraints.

The allocation of business licenses in the audiovisual sector was explained by the restriction of managing a rare resource, namely radio frequency.

The differentiation of legislation in terms of content control between audiovisual and written word is due to the technical difficulty of arranging filtering in the mass media according to the recipients.

Today’s internet, telephone, radio and television broadcasting etc. The possibilities for bypassing remain limited, as traditional network services such as Therefore, the regulations in force remain applicable.

The fact is that the development of the high-speed Internet and a number of complementary technologies such as electronic books (e-books) or print-on-demand techniques will transform the Internet into a potential medium for the dissemination and exploitation of most information content.

This technical change will have two types of impact:

  • First, to make traditional regulations partially dysfunctional
  • Second, to make some regulations partially illegitimate.

Regarding the territoriality issues mentioned above, the destabilization of the existing regulatory framework is not simply due to the possibilities of overcoming it.

It also comes from the removal of certain restrictions. For example, there is a need to manage a limited hertz spectrum to broadcast audiovisual programs or to make feasible the distribution network of cultural products that connects the region.

 

Find out more about Dr. Ayavefe and his work here:

https://yasamayavefe.com/

Milaya Capital

Green Climate World Token

Dr Yasam Ayavefe On Popular Cryptocurrency Units: What Are the Most Popular Cryptocurrency Units?

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You know, traditional online payment systems belong to organizations. These organizations keep your money for you, and when you want to spend your money, you should ask them to transfer your money on your behalf.

In fact, cryptocurrency technologies are an ocean. In order to predict the movements of the prices well, it is necessary to do a very serious study. What are the most popular cryptocurrencies?

BITCOIN

Satoshi Nakamoto, an unreal person or team, briefly gave information about Bitcoin in a whitepaper they published in 2008. The concept was pretty simple: Bitcoin is digital money and provides secure peer-to-peer transactions over the internet.

Unlike services like Venmo and PayPal, which require traditional financial systems to allow money transfers to existing bank/credit accounts, bitcoin is decentralized: Anyone can send bitcoin to whoever they want without under the influence of bank, government ot institutes.

For Bitcoin, it is necessary to create a virtual wallet first. You can create this virtual wallet on your mobile phone, on your computer, or you can benefit from web services on the internet. There is no wallet limit per person. You can create as many wallets as you want. Moreover, you do not need to provide your private information for the wallet you will create. With this virtual wallet you will create, you can receive money, send money and even shop.

ETHEREUM

Ethereum is open access to digital currency and data-friendly services for everyone, regardless of your background or location. It is the community-created technology behind cryptocurrency ether and the thousands of apps you can use today.

Internet money may be new, but it is secured by proven cryptography. This protects your wallet, ETH and transactions.

You can send your ETH without any brokerage services like a bank. It’s like giving cash in person, but you can do it anywhere, anytime, with anyone, securely.

LITECOIN

Litecoin(LTC) is the shining new star of digital currency exchanges. Litecoin, a cryptocurrency such as Bitcoin, Ripple, Ethereum, Tether, is visually silver in color. Being an open source software project, Litecoin is not managed by any central authority.

The creator of Litecoin, Charlie Lee, took Bitcoin as an example while creating Litecoin and set a new vision for himself. Litecoin, like Bitcoin, is built on an open-source payment network that is not controlled by a central authority.

However, Litecoin differs from Bitcoin because of the Scrypt algorithm it uses. Thanks to this algorithmic basis of Litecoin, it has a high transaction volume and the ability to process blocks very quickly.

RIPPLE

Ripple is a payment settlement system and currency exchange network capable of handling transactions worldwide. The idea is that Ripple acts as a reliable intermediary between two parties in a transaction, as the network can quickly confirm that the exchange went smoothly. Ripple can facilitate exchanges for various fiat currencies, cryptocurrencies like Bitcoin, and even commodities like gold.

DOGECOIN

Dogecoin (DOGE) is a cryptocurrency that has become popular on the internet and is born from stereotypical dog (doge)-themed content. Dogecoin, with the Japanese hunting dog Shiba Inu as its logo, is a fork of Litecoin that was created in 2013 as a “joke coin”. Dogecoin is one of the widely used cryptocurrencies for tipping, paying on Reddit and similar community sites.

Dogecoin (DOGE) was created by forking the Litecoin blockchain. Like Litecoin, it uses the Scrypt encryption algorithm. In this way, the difficulty level is lower compared to Bitcoin and blocks can be verified within 1 minute. Although Dogecoin is produced from the Litecoin blockchain, its supply is not limited.

TETHER

Tether, (USDT) cryptocurrency refers to trading on the blockchain operating on the ERC-20 protocol. Tether (USDT) was launched in 2015 by Tether Limited, a cryptocurrency trading company. What is Tether and when was it released? Here are all the curious details.

Tether (USDT), for short, refers to a stablecoin that is a virtual version of the US dollar. Its value is always pegged at 1 USDT = $1. The company claims that there is 1 USD in the safe for every Tether (USDT) cryptocurrency on the market.

BINANCE COIN

Binance coin is a cryptocurrency created by the Binance company. It is on the list of cryptocurrencies based on ERC-20. Binance coin is among the high-volume cryptocurrencies. Therefore, the number of people investing in Binance coin crypto money has increased considerably around the world. Binance coin is currently serving with BEP2 base.

Binance coin can also be used to send money internationally. Binance coin blocking time is also low. Therefore, all these transfers are done very quickly. It ranks third among the world’s best cryptocurrencies. As of 2021, Binance coin is worth more than $500.

 

Find out more about Dr. Ayavefe and his work here:

https://yasamayavefe.com/

Milaya Capital

Green Climate World Token

Major Economies May Slide Into Real Recession — Ngozi Okonjo Iwaela, DG, WTO

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Ngozi Okonjo Iwaela, Nigerian-American Financial economist and leader of the World Trade Organization (WTO) has warned several major economies face a real risk of sliding into recession as the war in Ukraine, rising food and fuel costs, and soaring inflation cloud the global outlook.

This according to Reuters was made known on Wednesday during the G20 leaders meeting that addressed the economic impact of the Russian-Ukrainian war in Bali, Indonesia. The meeting was disrupted by an emergency meeting to discuss reports of a missile landing in Polish territory that added to uncertainty over the economic fallout from the war in Ukraine.

The reigning Director General of WTO was reported to have made the following remarks:

“It may not happen everywhere, but several key countries risk sliding into recession.

“Of course the impact of that can be quite significant for emerging markets and poor countries, which need external demand from the developed countries to recover.”

“There are so many uncertainties and most of the risks are on the downside,” such as the fallout from the war in Ukraine and headwinds from inflation, she said.

According to Reuters, the WTO had earlier projected global trade to rise just 1.0% in 2023, down sharply from an estimated 3.5% rise for this year.

However, the WTO leader was said to express optimism at the recent posture of the U.S. President Joe Biden and the Chinese leader Xi Jinping to mend strained bilateral ties that are among the uncertainties weighing on the prospects for global recovery.

“One doesn’t want to read too much into it, but it’s always good when the two biggest economies in the world talk to each other,” Okonjo-Iweala said of the U.S.-China summit.

“Certainly with respect to trade, it’s very helpful.”

According to Reuters, Okonjo-Iweala also said she was “very hopeful” some breakthrough will be made in reforming the WTO’s dispute settlement system, which has been paralysed since 2019 when the administration of former U.S. President Donald Trump blocked the appointment of judges for an appeals body arbitrating on global trade disputes.

“The Americans are consulting actively with other members at an informal level,” she said, adding that the stronger U.S. engagement will help speed up progress on reform from the beginning of next year.

Reuters also states, in a meeting in September, trade ministers of the G7 advanced economies agreed to work towards having a functioning WTO dispute settlement system by 2024.

The Missile in Poland and Preventing a 3rd World War

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President Trump has announced that he is running to make it back to the White House. While I am not a fan of Trump, I sympathize with him on one thing: mob journalism where journalists form opinions before they even analyze the news. Trump has a tough task ahead of him. Indeed, some journalists are becoming unhinged in many ways.

In the last few hours, the Associated Press, a US new wire-service (call it the largest news network in America), reported that Russian missiles had hit Poland and killed two people. In BBC Newshour, analysts after analysts, journalists after journalists, supported that thesis. Even when the Russian Ministry of Defense said it was not from it, they dismissed everything.

As that was happening, President Biden dropped a line: “It is unlikely in the lines of the trajectory that it was fired from Russia, but we’ll see?” To stay on their conceived mission, CBNC posited that “Biden didn’t address whether the missile could have been fired by Russia from Ukraine or elsewhere.” Yes, Russia is now operating from Ukraine on the border with Poland. The US defense boss put out a statement and the defense ministry spokesman put out his, yet journalists kept the message: this was Russia quoting the president of Ukraine who concluded it was from Russia in minutes.

In all these reports, there was no caution on the sensitivities of triggering a 3rd world war.  I was speechless on what men and women can put with their figures. I know that tech companies get fined these days, I think it is time to find a mechanism to fine journalists for recklessness and stress to the citizens. The AP later corrected itself:

“In earlier versions of a story published November 15, 2022, The Associated Press reported erroneously, based on information from a senior American intelligence official who spoke on condition of anonymity, that Russian missiles had crossed into Poland and killed two people. Subsequent reporting showed that the missiles were Russian-made and most likely fired by Ukraine in defense against a Russian attack”.

People, is that how they cover extremely sensitive topics like Russia and NATO that one unknown person can feed the world fake news with potential for one entity to send weapons and destroy this earth?  Whether you like Russia, Ukraine, etc, the world demands balance on hot topics. I am happy that despite what BBC, AP and some news organizations were reporting, Biden and his team had concluded that Russia was not attacking a farm in Poland! But we may not be lucky next time and that is why we expect better ethics from journalists.

Comment on Feed

Comment 1: Prof. Journalism as a respected profession is going down the drain, because of drop in revenue orchestrated by i technology disruption.

To make up for the short fall, most reputable news agencies now report opinions to stirr up emotions, drive traffic, get ratings and profit.

One needs to be a critical thinker to decipher their outright biasness, lies and sensational outburst.

Biden who had the most privileged intelligence report, denounced it immediately.

Comment 2: When news becomes business, the truth disappears. It’s no longer about the truth, but more about breaking news and filling people with opinions. If you read the same story on Fox and CNN, you’ll think they’re both reporting different stories. Neither bother about the truth, but focus on selling to their “customers”.
When Tucker was sued, the defense argument was “reasonable viewer would not take Tucker seriously”. Yet, he continues to “sell” news/opinion on Fox and makes money for the network. Many people have been killed and wounded because of some fake news/opinions.
I’m all for freedom of the press, but fake news is not encouraging freedom. Fake news threatens human existence and freedom. If humanity is destroyed, the so-called news will play a major role.

Comment 3: This again was a reminder to many of us about not acting on impulse or with emotions. Always remain calm even when the pressure is getting ‘worser.’ For this, I loved team Biden calmness to get the facts and not be bullied by some fake news press. I agree with you Prof we need to find a way to fine fake news mongers.