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J.W. Marriott, Jr.
John Willard "Bill" Marriott Jr. (born March 25, 1932) is an American billionaire businessman who is the executive chairman of Marriott International, of which he owns 11.28%. Early life and education Marriott was born in Washington, D.C., the son of Alice Marriott and J. Willard Marriott, the founder of Marriott Corporation. He attended St. Albans School in Washington, D.C. He is also an Eagle Scout and recipient of the Distinguished Eagle Scout Award. In 1954, Marriott earned a Bachelor of Science degree in finance from the University of Utah, where he was a member of the Sigma Chi fraternity. There, he met his wife, the daughter of a professor. Upon graduating, Marriott went to a Navy training school in Georgia. From June 1954 to 1956, he served on the USS Randolph aircraft carrier as a wardroom mess officer in the Navy Supply Corps. In June 1955, Marriott was married at the Salt Lake Temple in Salt Lake City. Career Marriott joined Marriott Corporation in 1956. He pus ...
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Navy Supply Corps
The Navy Supply Corps is the United States Navy staff corps concerned with supply, logistics, combat support, readiness, contracting, and fiscal matters. Duties Commissioned officers in the Supply Corps practice a variety of disciplines, including supply management, expeditionary logistics, inventory control, disbursement, financial management, contracting, information systems, operations analysis, material and operational logistics, fuels management, food service, and physical distribution. Supply Corps officers are widely distributed throughout the Navy and Department of Defense; they are typically billeted to an operational command (sub, ship, EODMU, Seal Team, NMCB/ACB, etc) or shore activity's supply department, or to a supply unit or command, such as Navy Expeditionary Logistics Support Groups (NAVELSG), Fleet Logistics Centers (FLCs) or Navy Special Warfare (SPECWAR) Logistics Groups which support the United States Navy SEALs. Ratings that compose the U.S. Navy enli ...
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Cornell University School Of Hotel Administration
The Nolan School of Hotel Administration (SHA, more commonly known as the Hotel School) is a specialized business school in the Cornell Johnson Graduate School of Management at Cornell University, a private Ivy League university located in Ithaca, New York. Founded in 1922, it was the world's first four-year intercollegiate school devoted to hospitality management. The undergraduate business curriculum at SHA is one of only three such Ivy League programs accredited by the Association to Advance Collegiate Schools of Business (AACSB). Students in the Hotel School are referred to as Hotelies. Participants come from all over the world to take classes at such locations as Ithaca, New York; Brussels, Belgium; Singapore; and site visits in Las Vegas and New York City. History The nature of SHA was in large part the creation of professor Howard B. Meek. He was supported in his efforts by New York City hotel men, a number of whom testified in Albany, urging the legislature t ...
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Commencement Speech
In the United States, a commencement speech or commencement address is a speech given to graduating students, generally at a university, although the term is also used for secondary education institutions and in similar institutions around the world. The commencement is a ceremony in which degrees or diplomas are conferred upon graduating students. A commencement speech is typically given by a notable figure in the community or a graduating student. The person giving such a speech is known as a commencement speaker. Very commonly, colleges or universities will invite politicians, important citizens, or other noted speakers to come and address the graduating class. A student speaker may deliver remarks either in lieu or in conjunction with a notable outside figure. Student commencement speakers are often valedictorians or may otherwise be elected by their peers to represent the student body. Despite meaning "beginning", ''commencement'' may be mistaken to mean "ending" due to ...
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Weber State University
Weber State University (pronounced ) is a public university in Ogden, Utah, United States. It was founded in 1889 as Weber Stake Academy and earned its current name in 1991. As of fall 2023, the student population reached 30,536 students, consisting of 16,020 undergraduate students, 1,002 graduate students and 13,514 concurrent enrollment students, making it the third-largest public university in the state. Weber State University has over 225 degree programs and seven colleges, including the Dr. Ezekiel R. Dumke College of Health Professions and the College of Engineering, Applied Science & Technology. Weber State is regionally accredited through the Northwest Commission on Colleges and Universities, and many programs are accredited through national organizations. As of fall 2023, students who identify as Hispanic or Latino make up 13% of the full-time equivalent undergraduate student body. The university is working to become an emerging Hispanic-Serving Institution, a designat ...
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Michigan State University
Michigan State University (Michigan State or MSU) is a public university, public Land-grant university, land-grant research university in East Lansing, Michigan, United States. It was founded in 1855 as the Agricultural College of the State of Michigan, the first of its kind in the country. After the introduction of the Morrill Land-Grant Acts, Morrill Act in 1862, the state designated the college a land-grant institution in 1863, making it the first of the land-grant colleges in the United States. The college became coeducational in 1870. Today, Michigan State has facilities all across the state and over 634,000 alumni. Michigan State is a member of the Association of American Universities and is Carnegie Classification of Institutions of Higher Education, classified among "R1: Doctoral Universities – Very high research activity". The university's campus houses the Facility for Rare Isotope Beams, the W. J. Beal Botanical Garden, the Abrams Planetarium, the Wharton Center f ...
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The Washington Post
''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington metropolitan area and has a national audience. As of 2023, the ''Post'' had 130,000 print subscribers and 2.5 million digital subscribers, both of which were the List of newspapers in the United States, third-largest among U.S. newspapers after ''The New York Times'' and ''The Wall Street Journal''. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. In 1933, financier Eugene Meyer (financier), Eugene Meyer purchased it out of bankruptcy and revived its health and reputation; this work was continued by his successors Katharine Graham, Katharine and Phil Graham, Meyer's daughter and son-in-law, respectively, who bought out several rival publications. The ''Post ...
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Arne Sorenson (hotel Executive)
Arne Morris Sorenson (October 13, 1958 – February 15, 2021) was an American lawyer and hotel executive who served as the president and chief executive officer of Marriott International from 2012 until his death in 2021. He was a graduate of Luther College in Iowa, and the University of Minnesota Law School. He previously practiced law in Washington, D.C., with Latham and Watkins, specializing in mergers and acquisitions litigation. He joined Marriott in 1996 where he served in increasingly senior management roles before being promoted to chief executive. He was also a member of the board of directors of Microsoft Corporation and Walmart, as well as a trustee of the Brookings Institution. Early life and education Sorenson was born in Tokyo on October 13, 1958. His father, Morris "Bo" Sorenson, Jr., was a Lutheran pastor in Japan at the time of his birth. His mother, Dorothy (Austin), was a public school teacher. The family returned to the United States when he was seven. H ...
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Broadway Books
Broadway Books is an imprint of the Crown Publishing Group, a division of Random House, Inc.. It released its first list in Fall 1996. Broadway was founded in 1995 as a unit of Bantam Doubleday Dell, a unit of Bertelsmann. Bertelsmann acquired Random House in 1998 and merged Broadway into a combined group with Doubleday the next year. Random House reorganized again in 2008, with Doubleday moving to Knopf and Broadway moving to its current home at Crown. Broadway's general-interest publishing was combined with Crown in 2010. Broadway became the paperback publisher for the Crown imprint in 2010. Broadway Books has published many ''New York Times'' bestsellers in hardcover and paperback, including Elizabeth Edwards' memoir ''Resilience'', Bill O'Reilly's memoir '' A Bold Fresh Piece of Humanity'', '' Decision Points'' by George W. Bush, '' Liberal Fascism'' by Jonah Goldberg, and ''A Lion Called Christian'' by Ace Bourke and John Rendall. Broadway Books publishes a paperbac ...
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Revenue Management
Revenue management (RM) is a discipline to maximize profit by optimizing rate (ADR) and occupancy (Occ). In its day to day application the maximization of Revenue per Available Room (RevPAR) is paramount. It is seen by some as synonymous with yield management. Overview Businesses face important decisions regarding what to sell, when to sell, to whom to sell, and for how much. Revenue management uses data-driven tactics and strategy to answer these questions in order to increase revenue.Talluri, K., and van Ryzin, G. (1999) Revenue Management: Research Overview and Prospects. Transportation Science 33:233-256. The discipline of revenue management (RM) is also known as Yield Management (YM), and is a cross-disciplinary field. It combines operations research or management science, analytics, economics, human resource management, software development, marketing, e-commerce, consumer behaviour, and consulting. For destinations with benchmark data available the maximization of RG ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ...
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Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ...
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