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Activity 5: Human Resources and HR Life Cycle for Hospitality Industry

Investigate how to manage finance and record transactions to minimise costs responsibly within the hospitality sector, assess how to manage the Human Resources life cycle within the context of HR strategy, illustrate the potential impact of the legal and ethical considerations on a hospitality business, explain the importance of coordinating and integrating various functions of departments within the hospitality sector.

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Added on  2023-04-24

Activity 5: Human Resources and HR Life Cycle for Hospitality Industry

Investigate how to manage finance and record transactions to minimise costs responsibly within the hospitality sector, assess how to manage the Human Resources life cycle within the context of HR strategy, illustrate the potential impact of the legal and ethical considerations on a hospitality business, explain the importance of coordinating and integrating various functions of departments within the hospitality sector.

   Added on 2023-04-24

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Running head: CARNIVAL IN UK
Carnival in UK
Name of the Student
Name of the University
Authors Note
Course ID
Activity 5: Human Resources and HR Life Cycle for Hospitality Industry_1
1CARNIVAL IN UK
Table of Contents
Activity 1: Double-entry book-keeping to trial balance..................................................................2
Activity 2: Methods to Measure Financial Performance:................................................................3
Activity 3: HR Life Cycle for Talent Management:........................................................................5
Activity 4: Performance Planning:..................................................................................................7
Activity 5: Training on Law for Hospitality Industry:....................................................................9
Activity 6: Briefing on the legal and Ethical Considerations:.......................................................11
Activity 7 - Exploration of Functional Role..................................................................................12
Activity 8 – Analysis of Communication, Coordination and Monitoring Method........................13
References:....................................................................................................................................15
Activity 5: Human Resources and HR Life Cycle for Hospitality Industry_2
2CARNIVAL IN UK
Activity 1: Double-entry book-keeping to trial balance
Ledger Accounts:
Activity 5: Human Resources and HR Life Cycle for Hospitality Industry_3
3CARNIVAL IN UK
Trial Balance:
Activity 2: Methods to Measure Financial Performance:
As the restaurateur, it is necessary on the part of business to keep track of its key
performance indicators as the key procedure when there is a situation of accelerating the business
success. The key performance indicators help in measuring, assessing and adjusting the
Activity 5: Human Resources and HR Life Cycle for Hospitality Industry_4

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