Table of Content •Introduction •Legislation that a hospitality organization has to comply and adhere •Impact of employment and contract law on business decision making •Conclusion •References
Introduction Hospitality business mainly concerns with providing services to the customers. This is a business which mainly deals in satisfaction of the customers. The organizations in hospitality business needs to adopt the new trends and technologies in order to gain the competitive advantage. In this way, the organizations should develop the financial strategies also so as to increase profitability.
Legislation that a hospitality organization has to comply and adhere To run a business smoothly, the Bejos foods should keep in mind different legislations. This will help them in increasing knowledge in specific rules and regulations. Following are the regulations: •Liquor Control Act 1987 •Food act 1997
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Impact of employment and contract law on business decision making Every company is affected through the changes in rules and regulations of that country or a particular law. In case of Bejos foods, the change in employment and contract law can affect the decision making of the company. In that case, the company should prepare new guidelines and procedures through which they can run their business smoothly.
Cont... Following are the examples of impact of employment and contract law on business decision making. •In case of Aldi stores, the company was penalised with £1 million in order to compensate the injury of an employee while operating the electric pallet truck in organization. •Due to interruption in the investigation, The fashion giant JD sports is been penalised with £60,000 in Dudley.
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Cont... •While preparing the car concussion in the construction site the car manufacturing company jaguar and land rover is being penalised in losing the leg of its employee. •KFC is fined with £1 million in case of burning injury of two of its employees in the kitchen.
Conclusion From this report, it can be concluded that hospitality business requires different types of resource sin order to run the business smoothly. By managingfinancialtransactionssmoothly,themanagementof hospitality sector can increase the growth.
References •Schwager, P., Decker, N. and Kaltenegger, I., 2016. Exploring green chemistry, sustainable chemistry and innovative business models such as chemical leasing in the context of international policy discussions.Current Opinion in Green and Sustainable Chemistry.1. pp.18-21. •Singh, R., 2015. Empirical examination of the impact of total qualityservicesonhospitalityindustrybusiness.Journalof Quality Assurance in Hospitality & Tourism. 16(4). pp.389-413.
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