The Hospitality Business Toolkit

.1 P2 Use of double entry system for recording transaction2 P3 Formulation of trial balance 3 TASK 2 4 P4 Explanation of different stages of HR life cycle and its relevance to retain and develop talent .4 P5 Formulation of performance management plan 6 TASK 3 7 P6 Brief description regarding special legislation which hospitality sector organization needs to comply with .7 P7 Impact of employment & contract law on decision making process of hospitality organization 8 CONCLUSION