Hospitality Business Toolkit - Legislation, Impact, and Conclusion

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Added on  2023/02/02

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This report examines the key aspects of the hospitality business toolkit, focusing on legislation, employment law, and their impact on business decision-making. It begins by outlining the relevant legislation that hospitality organizations must adhere to, such as the Liquor Control Act and the Food Act. The report then delves into how employment and contract law influence business choices, providing examples such as penalties faced by companies like Aldi, JD Sports, Jaguar Land Rover, and KFC. The report emphasizes the importance of financial strategies and the adoption of new technologies to gain a competitive edge in the industry. The conclusion summarizes the significance of managing financial transactions and legal compliance for the growth and smooth operation of hospitality businesses. References include scholarly articles on green chemistry and total quality services in the hospitality sector.
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Hospitality Business Toolkit
(Task 3)
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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
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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.
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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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Cont...
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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.
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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.
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Conclusion
From this report, it can be concluded that hospitality business requires
different types of resource sin order to run the business smoothly. By
managing financial transactions smoothly, the management of
hospitality sector can increase the growth.
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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
quality services on hospitality industry business. Journal of
Quality Assurance in Hospitality & Tourism. 16(4). pp.389-413.
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