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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. When he was 14, he worked for his dad stapling invoices. He later washed dishes and cooked burgers. In 1954, he 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, he 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. When Bill was 22 years old, in 1954, Dwight D. Ei ...
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Dwight D
Dwight may refer to: People * Dwight (given name) * Dwight D. Eisenhower (1890–1969), 34th president of the United States and former military officer *New England Dwight family of American educators, military and political leaders, and authors * Ed Dwight (born 1933), American test pilot, participated in astronaut training program * Mabel Dwight (1875–1955), American artist * Elton John (born Reginald Dwight in 1947), English singer, songwriter and musician Places Canada * Dwight, Ontario, village in the township of Lake of Bays, Ontario United States * Dwight (neighborhood), part of an historic district in New Haven, Connecticut * Dwight, Illinois, village in Livingston and Grundy counties * Dwight, Kansas, city in Morris County * Dwight, Michigan, an unincorporated community * Dwight, Nebraska, village in Butler County * Dwight, North Dakota, city in Richland County * Dwight Township, Livingston County, Illinois * Dwight Township, Michigan Institutions * Dwight Correctional ...
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Weber State University
Weber State University (pronounced ) is a public university in Ogden, Utah. It was founded in 1889 as Weber Stake Academy. It is accredited by the Northwest Commission on Colleges and Universities. History Weber State University was founded by the Church of Jesus Christ of Latter-day Saints as the Weber Stake Academy in 1889. "Weber" comes from the name of the county where the university is located. Weber County was named after John Henry Weber, an early fur trader. The university opened for students in 1889 with 98 students enrolled for classes The first principal of Weber Stake Academy was Louis F. Moench; he served from 1889 to 1892 and again from 1894 to 1902. In the latter year, Moench was succeeded as principal by David O. McKay, who served in that position until 1908. From 1914 to 1917, James L. Barker was the principal of the Weber Stake Academy. In the early 20th century, the school underwent multiple name changes: Weber Stake Academy from its founding in 1889, ...
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Michigan State University
Michigan State University (Michigan State, MSU) is a public university, public Land-grant university, land-grant research university in East Lansing, Michigan. It was founded in 1855 as the Agricultural College of the State of Michigan, the first of its kind in the United States. It is considered a Public Ivy, or a public institution which offers an academic experience similar to that of an Ivy League university. 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. In 1955, the state officially made the college a university, and the current name, Michigan State University, was adopted in 1964. Today, Michigan State has the largest undergraduate enrollment among Michigan's colleges and universities and approximately 634,300 living alums worldwide. The university is a member of the ...
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The Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal ...
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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. He ...
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Broadway Books
Broadway Books, an imprint of the Crown Publishing Group, a Division of Random House, Inc., 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 publishing 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 paperback li ...
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Revenue Management
Revenue management is the application of disciplined analytics that predict consumer behaviour at the micro-market levels and optimize product availability, leveraging price elasticity to maximize revenue growth and thereby, profit. The primary aim of revenue management is selling the right product to the right customer at the right time for the right price and with the right pack. The essence of this discipline is in understanding customers' perception of product value and accurately aligning product prices, placement and availability with each customer segment.Cross, R. (1997) Revenue Management: Hard-Core Tactics for Market Domination. New York, NY: Broadway Books. 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 Prospec ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The 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 share price, market share, revenues or another element. In the non-profit 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 main manager of the organization and the highest-ranking offic ...
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, 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 Germ ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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Salt Lake City
Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the Capital (political), capital and List of cities and towns in Utah, most populous city of Utah, United States. It is the county seat, seat of Salt Lake County, Utah, Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, the city is the core of the Salt Lake City metropolitan area, which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Provo–Orem Combined Statistical Area, Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a segment of the Wasatch Front, comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. It is also the central core of the larger of only two major urban areas located within the Great Basin (the other being Reno, Nevada). Salt Lake C ...
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