Case Study on Rose Garden Hotel

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Laureate International Universities

Added on 2020-04-21

Case Study on Rose Garden Hotel

Laureate International Universities

Added on 2020-04-21

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RUNNING HEAD: Accounting1Project Report: Accounting

Accounting2ContentsCase overview...................................................................................................................3Task 1................................................................................................................................3Task 2................................................................................................................................4Task 3................................................................................................................................5Conclusion........................................................................................................................6References.........................................................................................................................8

Accounting3Case overview:According to the requirements, it has been analyzed that the job of sales and marketing department is more interesting and thus I have chosen to work in the sales and marketing department of the company. This opportunity would help the employee to achieve bigger in future. In the given case, Rose Garden Hotel case study has been analyzed and it has been investigated that how Rose Garden Hotel is managing its expense through various methods. In this report, various issues of the hotel have been solved through the budget analysis, buy orrent decision analysis and market analysis. According to this case, the issues of the company have been solved on the basis of various methods. Task 1:According to the study over Rose Garden Hotel, it has been investigated that this hotel has 2 alternatives which are either buying the machineries or take the machineries on rent from market. According to the evaluation, it has been analyzed that this hotel has a budget of $ 45,000. And the hotel is required to make a buy or rent decision on the basis of that (Weygandt, Kimmel & Kieso, 2009). According to the study over various articles and books, it has been analyzed that it is always a good option for the companies to buy the product for the operations and the activities of the company (Bromwich and Bhimani, 2005). Because through buying the machineries, the ownership come into the hands of the organization and the organization could use the machineries whenever it want. Further, it has been depicted by Sadler (2003) that buying decision could be a drawback of the company as it doesn’t allow the comapny to make the alternations into the machineries whenever required. Further through analyzing the various other articles, it has also been analyzed that the renting option could also be in the favour of the company as it allows the company to replace the machinery whenever it is wanted by the company. Consequently, it has also been found that renting decision could be a drawback of the company as it doesn’t allow the comapny to use the machineries in any manner and the company is required to take extra safety of the machineries (Macintosh and Quattrone, 2010). According to the above evaluation and calculation over the case, it has been evaluatedthat the renting option is way better as the company is required to pay only $ 12,395 if the

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