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Unit 4: The Hospitality Business Toolkit Assignment - Carnival UK

   

Added on  2020-10-22

17 Pages4076 Words451 Views
Unit 4: The HospitalityBusiness Toolkit

Table of ContentsINTRODUCTION...........................................................................................................................1Activity 1.........................................................................................................................................1Ledger Account...........................................................................................................................2Trial balance................................................................................................................................4Activity 2.........................................................................................................................................4Key performance Indicators........................................................................................................4Activity 3.........................................................................................................................................5Reviewing different stages of HR life cycle...............................................................................5importance of these HR Life Cycle stages for Talent Management...........................................7Activity 4.........................................................................................................................................8Performance Management Plan..................................................................................................8Activity 5.........................................................................................................................................9Describing legislation that Carnival UK has to comply..............................................................9Describing How company, employment and contract law has a potential impact on business10Activity 6.......................................................................................................................................10Impact of regulation and legislation and Ethical Principles for Carnival UK..........................10Activity 7.......................................................................................................................................11Describing how different functional roles within a sector interrelate.......................................12Activity 8.......................................................................................................................................12Different methods of communication, co-ordination and monitoring......................................13Describing how these can be used to strengthen the value chain.............................................13CONCLUSION..............................................................................................................................14REFERENCES..............................................................................................................................15

INTRODUCTIONHospitality industry covers a broad category of different services such as lodging, foodand event planning. Even the hospitality industry also depend upon the availability of leisuretime and disposable income. The entire report is also based upon the case study of Carnival UKwhich is a British American Cruise Operator who has 100 ships that offer variety of servicessuch as accommodation, food, bars and entertainment etc. The report will describe how tomanage the finance and record transaction in order to reduce cost in the sector. Further, it alsoreview different stages of HR life cycle and develop a performance management plan for aGeneral Manager to overcome issue of staff retention. Study will describe some legal and ethicalconsideration for quoted firm and also shows some functional roles In the sector.Activity 1Journal EntriesDate Particular Debit (£)Credit (£)1st feb purchase A/c Dr 5001To Kate's Kitchen 50011st feb purchase A/c Dr 29552To harry 295523rd feb beverages A/c Dr 11203To sales A/C112033rd feb Food A/c Dr 1824To sales A/c 18246th feb Kate 's Kitchen A/c Dr 5001To bank500110th feb beverages A/c Dr 8966To sales A/c 896610th feb Food A/c Dr 1687To sales A/c 168714th feb meganne A/c 2008To sales A/c 20081

14th feb bank 2008To meganne 200817th feb beverages A/c Dr 11710To sales A/c 1171017th feb Food A/c Dr 1611To sales A/c 161117th feb Harry A/C DR 29552To cash A/c 2955222nd feb purchase A/c Dr 7013To Kate's Kitchen 701324th feb beverages A/c Dr 10614To sales A/c 1061424th feb Food A/c Dr 1715To sales A/c 1715Ledger AccountPurchase AccountDate Particular Amount Date Particular Amount1st feb To kate's kitchen 5001by balance c/d 41566To harry 29552To kate 7013Sales AccountDate Particular Amount Date Particular AmountTo balance c/d 51338By beverages 11203by food 1824By beverages 8966by food 1687By private room and catering 2008By beverages 11710By food 1611By beverages 10614By food 17152

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