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The Hospitality Business Toolkit

   

Added on  2020-10-05

17 Pages4969 Words483 Views
The Hospitality BusinessToolkit

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1ACTIVITY 1....................................................................................................................................1ACTIVITY 2....................................................................................................................................4Recommending Methods to Measure Financial Performance....................................................4ACTIVITY 3....................................................................................................................................6Different phase of human resources cycle that is applicable to the hospitality job role.............6ACTIVITY 4....................................................................................................................................6Performance management plan for resolving both the negative behavior and retention issues.6ACTIVITY 5....................................................................................................................................1Different types of laws governing the Carnival corporation Plc.................................................1ACTIVITY 6....................................................................................................................................1Brief on Legal and Ethical Considerations.................................................................................1ACTIVITY 7....................................................................................................................................2Exploring different functional roles within the hospitality sector and how they........................2interrelate....................................................................................................................................2ACTIVITY 8....................................................................................................................................3CONCLUSION................................................................................................................................4REFERENCES................................................................................................................................6

INTRODUCTIONHospitality business relates with the industry in various fields in the service relatedcompanies that includes restaurants, theme parks, lodging, transportation, event planning,additional fields and cruise line. The major segments of the hospitality business involves thetourism industry, Food industry, Recreation and Lodging. Providing the Excellence service to thecustomers is a vital aspect of every business but in the hospitality segment it is essential toengage the guest consistently in order to grow the business all over the world. The present studyis based on the Carnival corporation plc, a British-American company that operates in the cruise.It is the world's leading travel company facilitates the traveler services with exceptional valueand extraordinary vacations. It deals in different brands of cruise line such as Princess Cruises,Carnival cruise, Seabourn and Holland America etc. Furthermore, the study describes the financerelated transactions and the life cycle of the human resource in terms of the HR strategy.Moreover, it also explains about the legal and the ethical aspects that the hospitality businessshould follow. The essence of integrating and coordination of several functions of variousdepartments in the hospitality sector. MAIN BODYACTIVITY 1Journal EntriesDateParticularsDebitCredit01/02/18Purchase a/c Dr.£5,001.00To Kate's Kitchen a/c£5,001.0001/02/18Purchase a/c Dr.£29,552.00To Harry's a/c£29,552.0003/02/18Cash a/c Dr. £13,027.00To sales a/c£13,027.0006/02/18Kate's kitchen a/c Dr.£5,001.00To bank a/c£5,001.0010/02/18Cash a/c Dr. £10,653.00To sales a/c£10,653.001

14/02/18Bank a/c Dr.£2,008.00To sales a/c£2,008.0017/02/18Cash a/c Dr. £13,321.00To sales a/c£13,321.0017/02/18Harry's a/c Dr.£29,552.00To cash a/c£29,552.0022/02/18Purchase a/c Dr.£7,013.00To Kate's Kitchen a/c£7,013.0024/02/18Cash a/c Dr. £12,329.00To sales a/c£12,329.00Total£127,457.00£127,457.00Ledger accounts(Dr.)Harry's Account(Cr.)Date ParticularsAmountDateParticularsAmount17/02/18To cash a/c£29,552.0001/02/18By purchase a/c£29,552.00£29,552.00£29,552.00(Dr.)Kate's Kitchen Account(Cr.)Date ParticularsAmountDateParticularsAmount06/02/18To bank a/c£5,001.0001/02/18By purchase a/c£5,001.0028/02/18To c/d£7,013.0022/02/18By purchase a/c£7,013.00£12,014.00£12,014.00(Dr.)Purchase Account(Cr.)2

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