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Hospitality business toolkit table of context

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Added on  2020-10-22

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P2 Double entry book keeping system of debits and credits to record sales and purchases transactions in a general ledger .2 . 1 P1 Investigate the principles of managing and monitoring financial performance There are different ways by which financial performance of the organisations can be taken care. Some of the points are discussed below- Preparation of Key financial statements- Carnival Corporation and PLC is a Cruise operator and it is essential for this company to maintain basic reports for producing balance sheets and profit/loss statements

Hospitality business toolkit table of context

   Added on 2020-10-22

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Hospitality business toolkit table of context_1
Table of context
INTRODUCTION.......................................................................................................................1
P1 Investigate the principles of managing and monitoring financial performance......................1
P2 Double entry book keeping system of debits and credits to record sales and purchases
transactions in a general ledger...........................................................................................2
P3 A basic trial balance applying use of balance off rule to complete the ledger........................2
P4 Different stages of the HR life cycle of specific hospitality job role and their importance for
retaining and developing talent.............................................................................................6
P5 Performance management plan for specific hospitality job role applying techniques to resolve
negative behaviour and overcome issues of staff retention...................................................7
P6 Identify specific legislation.........................................................................................................8
P7 Impact of employment and contract law on decision making in the hospitality industry..........8
P8 Functional roles within hospitality industry...............................................................................8
P9 Different methods of communication, coordination and monitoring in hospitality organisation
to strengthen the value chain..................................................................................................9
CONCLUSION.............................................................................................................................10
REFERENCES..............................................................................................................................11
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