Kuder Assignment Example | Topics and Well Written Essays - 500 words

Kuder - Assignment Example These reflect my personality as well as my upbringing. I have always been an individual who is ready to help and would not think it impossible to advance the interest and welfare of others above my own or in the interest of the greater good. In looking at specific variables in the result regarding the potential industries that I would thrive in, I realized that these are aligned with what I have been interested early on. For instance, I got high marks on health science. This was not really surprising because I have always been interested in biology in high school. I could still remember promising to be a doctor after we viewed a video lesson about avian flu and the impact of an epidemic on people. The focus of my extracurricular activities also reflected my interest in areas such as communication, technology and relationship with people. There are certain areas in the result that perplexed me a little. I scored high in education and training yet I did poorly in hospitality and tourism industries. The reason for this is that I have been considering a career in the latter cluster since I do like to cook and I am curious about the hospitality industry whereas the academe has not entered my mind as yet. But when I saw my work values I sort of understood this part. I am quite independent with a deep hunger for accomplishment: that is, I had to know and feel that I am doing something meaningful and important not just for others but also for the society. This thought also helped me understand why – according to the assessment - I might not excel in managerial and administrative positions. My ethnic background sets great importance to management position and those around me tend to believe that it is one of the ultimate objectives of any career, to be the boss. I found that I will be more successful elsewhere. With all the information I have from the Kudder and Work Values assessments, I feel I am more in the position to choose the

Commercial Real Estate Development Essay Example | Topics and Well Written Essays - 2500 words

Commercial Real Estate Development - Essay Example The current trend as indicated in the recently published, Estate Gazette Feb 2009 states the impact of the economic downturn which has resulted in very low pent up demand as not many can afford to do so and who did have already traded . Location, layout, storey of building, area, height, storage space, interior decoration and construction framework, possibility to sub lease, inter changeability of formats, ownership distribution, availability of utilities, central air conditioning, and the level of management fee. Each of these factors will be elaborated in detail further, which will help in correctly inferring that supply and demand are not the sole factors affecting the value of commercial real estate and its development and regeneration. Business Improvement Districts (BIDs) gained popularity because of rising crimes, emerging anti social behavior and the environmental problems. In London this evolved as a quite recent phenomenon where the formal drive occurred for the first time in April 2001. Earlier some private were operating already, but then the government announced its very first. Schemes like Town Centre Management had started in 1980s, which were a part of public private partnerships for the benefit of businesses and other stake holders. Since concept of Business Improvement Districts kicked off as a tool for financing the revamping of residential neighbor hoods. Later Government in the Environment Committee of the House of Commons took up a project termed as town improvement zones, this was a bold move for the regeneration of inner city areas. Then in December 2001, further favor in these kind of zones was given Labour Government's white paper Strong Leadership Quality Public Services and this was in reali ty the first step towards urban regeneration policy. In 2003 testing was started with some areas - towns and cities, labeled as pilot locations, aimed at discovering the methodology to be adopted in making a Business Improvement District scheme a success; process and experience for managing and evaluating. Following this testing stage, government passed a resolution in 2004. As earlier mentioned, possibility of sub lease affects the value of a commercial real estate development which will now be further elaborated. Since restrictions on sub leasing affects the flexibility of further renting out a property and thus hugely affects. Since there are two sources of return from property - one, the savings that comes in the form of opportunity cost too and another from the rental income that is earned when property is given to be utilized by someone else. And unlike other assets, since property does not depreciate but there is always a hope of potential development and there is always a risk and return that is uncertain how these returns will move in future. All developers and investors base their decisions on number of factors - current income and future return generation capacity. Leasing patterns have a great impact on the development and regeneration of the commercial real estate. This is visible from the 1989 UK's market crash which tended to change the relationship that earlier governed between landlords and business tenants (Estates Gazette). Earlier it was