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Food and Beverage Assignment

   

Added on  2021-02-19

1 Pages1303 Words34 Views
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nd Functional unitHR department of company work in coordination with Food and Beverage department tohelp them in hiring skilled chefs and waiters. Finance department of company works in collaboration with front desk department sothat payments and other finances of customers can be managed properly. Purchase department in Whitbread hotel works in coordination with finance departmentso that they can get sufficient funds to purchase required resources and materials so thatother departments can work in a smooth and effective manner. Hospitality sector is a fast growing industry that offers different services to their guests andcontributes either directly or indirectly in international, national and regional economy. Local economy: Hospitality industry comprises of different businesses that providedifferent services to their customers and grabs their attention to earn high profits. Due tothis, tourist came for visits and spends money on different services like food, transport,accommodation etc. local government get taxes from local business man and investcollected amount in development of roads, building etc. at local level. National Economy- As hospitality industry grows at a fast pace, it offers many services tothe consumers and for this high man power is required. Due to this, people at national levelget different job opportunities so that they can earn a good livelihood. As UK is welldeveloped in hospitality sector, people earns a good livelihood and rate of poverty andunemployment is low in nation. International Economy- Hospitality sector comprises of different restaurants, hotel andother transportation services that offer services in worldwide context. Due to this, peoplecan travel at any place and it results in integration of national economies. Due to thesehospitality business, people spend money at international visits because of which GDP andemployment rate of company enhances in international context. Facts related with Hospitality industry in UKHospitality sector Employees more than 2 million people in accordance with 2017 reportand around 1 million people in 170000 commercial setups. This sector is fifth industry in UK which employees maximum people. Hospitality industry in UK generates a revenue of 90 billion pounds due to which taxcontribution reaches around 34 billion pounds. (Economic Contribution of UK hospitalityThe contribution of the hospitality industryContemporary Hospitality IndustryKey factors driving growth at local and international level International hotel chains and brand identityInternational hotel chains drive growth at both local and international level because oftheir brand image. High brand image is able to grab the attention of customers in a propermanner. Hospitality businesses at global level such as Whitbread hotel have a strong brand imagein marketplace due to which customers prefer their services. It influences local economy in apositive manner due to job opportunities for local residents. Beside this, international economywill also positively impacted as overall revenues and economy rises due to expansion of hotelchains. Growth of franchising and licensing agreements Licensing and franchising agreements are increasing now a day due to profitableoutcomes. Multinational organisations expands their business with the help of these agreementsto attain competitive advantage at global level. This will increase standard of living for commonpeople. As big brand grab attention of people in a proper way, their revenues are high. For ex,McDonald's use these agreements to enter Asian and European marketplace that is beneficial forpeople of UK. This implication benefits of these agreements at international level. Interrelation of operational and functional units in Whitbread hotelAll departments in Whitbread organisation works in a coordinated manner with other departmentsso that customers can be served in an effective manner. In this context some examples are givenbelow:
Food and Beverage  Assignment_1

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