Managing Food and Beverage Industry

Managing food and
beverage

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1.Different forms of Business in F&B Industry...................................................................3
P2 Types of rating system used in F&B Sector......................................................................4
P3. Future & Current Trends that impact on Food and Beverage Industry............................5
TASK 2............................................................................................................................................5
P4 Different food as well as beverage skills which is needed within F& B industry............5
P5 Legal and regulatory requirements which is needed in food & beverage sector.............6
TASK 3............................................................................................................................................7
P6 Various types of operational and marketing technology which is used in F&B Industry.7
TASK 4 ...........................................................................................................................................8
P7 Examine Various elements that influences on decision making of customers while they
choose F&B outlet..................................................................................................................8
P8 Strategies which are acquired by organisations in a F&B outlets in order to attract
customers........................................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11
Books & Journals.................................................................................................................11

INTRODUCTION
Food & beverage industry is playing a very crucial part in producing various
opportunities in this sector. Since, past years it is seen that this industry is growing at a very fast
speed. It is also analysed that this is the fastest growing industry. The existing report includes
various organisational functions which are part of food & beverage industry and includes present
and future trends flourishing in this industry (Bradley and et. al., 2017). There is consideration to
various rating systems which are used by business organisations across globe. There are some
skills required by every individual which helps in performing in a better way. Further, there is
discussion on various legal requirements which have to be considered by management of
organisation which are part of Food & Beverage operations, while they are performing their
business functions.
TASK 1
P1.Different forms of Business in F&B Industry.
It has been said that there are different aspects which is mainly are part of Food &
Beverage industry & is quite advantageous for the enhancement of growth and earning of
increased revenue. This is the industry, having its main focus on fulfilment of customers
demands in a more appropriate manner. Different sector are playing a crucial role in effective
functioning and this is explained below:
Entertainment: In Food & Beverage sector this factor is essential for guests so they can
be attracted towards a particular outlet. This is one feature which can act as a differentiation
advantage for these business and help in enjoying at the same time with facilities such as games,
cruise, clubbing and many more.
Accommodation and Lodging facility: It is a division which is mainly found in
different hotels where there is other facilities such as complimentary breakfast, pleasant
atmosphere, luxurious facilities, drinks etc. All such factors are helping various visitors to make
their stay more comfortable and enjoyable (Chriqui and Sansone, 2016). A positive feedback is
very necessary for making a estimate whether there will be a repeated visit or not.

Food & Beverage: This is one sector playing a very important role as it helps in having a
large customer base as travellers can have a wide range of food products. Such services includes
catering facilities, quality food etc.
P2 Types of rating system used in F&B Sector.
There are different rating systems utilized in Food and Beverage sector at international
and global level as mentioned as follows:
One star rating: It has been said that One star is the rating system which is provided to
the hotels where there are only basic necessities which are provided to their customers. No extra
amenities or facilities are provide in such hotels as it includes normal bed and a wash-room just
to fulfil basic service of a customer. Such hotels are mostly preferred by middle class segment of
customers as they are not able to afford luxury and have a preference for just basic amenities
required for a basic and comfortable stay (Davis and et. al., 2018).
Two star Rating: It is same as one star rating as in this all accommodation and facilities
are similar to a one star hotel. In such hotels extra services such as phone, television, on site
restaurant, housekeeping are some additional services which are provide in these hotels.
Three star rating: Three star rating is provided to those hotels having more comfort and
include services such as fitness centre, room service, conference rooms, valet services, restaurant
services etc. Hotel rooms are larger in size, have flat screen facility etc.
Four Star Rating: These are considered as superior hotels with upscale establishments
and first rate of services. The rooms are spacious with premium furnishing facilities and have
luxurious such as fine bathing products and lavish bedding.
Five Star Rating: These type of Hotels is classified as luxurious hotels as they provide
high quality and timely services to their customers. These are preferred by high class customers
as there are services such as Wi-Fi, spa, clubbing which are offered to their customers. They try
to satisfy will the requirements of their customers shaving a competitive advantage as compared
to other similar hotels who are in possession same rating (Espiñeira and Santaclara, 2016).
Classification of hotels in accordance with rating system is very helpful for various
customers in order to choose it as per budget, expectation & facilities.
P3. Future & Current Trends that impact on Food and Beverage Industry.