SOLUTIONS TO TEXT PROBLEMS: Quick Quizzes: 1. Gross domestic product measures two things at once: (1) the total income of everyone in the economy and (2) the total expenditure on the economy’s output of final goods and services. It can measure both of these things at once because all expenditure in the economy ends up as someone’s income. 2. The production of a pound of caviar contributes more to GDP than the production of a pound of hamburger because the contribution to GDP
Premium Gross domestic product
and staff training are interrelated. A staff who has been given training will be able to a quality service to their customers unlike a staff who haven’t been given staff training‚ this is seen practically if looked at restaurants. Most of the time hotels which hire temporary staffs for peak season will have a high percentage of showing low quality service because these temporary staffs are given just a minimum or basic training. When a staff is given basic training this will contribute very highly
Premium Training Quality of service Hotel
PESTEL analysis of the macro-environment There are many factors in the macro-environment that will effect the decisions of the managers of any organisation. Tax changes‚ new laws‚ trade barriers‚ demographic change and government policy changes are all examples of macro change. To help analyse these factors managers can categorise them using the PESTEL model. This classification distinguishes between: • Political factors. These refer to government policy such as the degree of intervention in
Free Economics Macroeconomics
HOTEL FRONT OFFICE OPERATIONS AND MANAGEMENT (BC 002) ASSIGNMENT - FRONT OFFICE MANAGEMENT BC002 Subject Title: Front Office Management Subject Code: BC 002 Student Name: Dhimyan Ibrahim Student I.D: 0105159 Lecturer: Gurcharan Singh Hans Marks: TABLE OF CONTENT PAGE a) History of the company Page: 1 - 6 b) Vision‚ Mission Statement & Company’s Objectives Page: 7 - 9 c) Location
Premium Taj Mahal Palace & Tower Hotel Taj Mahal
Environmental Science Essay Air Pollution Pollution and How It Affects Elements within an Environment Harry Bond III Everest University The Earth is entirely surrounded by a blanket of air which is called the earth’s atmosphere. The atmosphere allows human‚ plants‚ and all the earth’s creatures big and small to exist. The atmosphere protects the earth and without it the heat from the sun would burn all that is exposed to its rays
Premium Air pollution Ozone depletion Pollution
Factors Affecting the Decrease Population in Hotel and Restaurant Management Course RESEARCH PROPOSAL PART I: BASIC INFORMATION PROJECT TITLE: “TRACER STUDY OF GRADUATES OF THE COLLEGE OF HOME SCIENCE AND INDUSTRY OF IFUGAO STATE UNIVERSITY POTIA CAMPUS‚ ALFONSO LISTA‚ IFUGAO: S.Y 2006 – 2011” STUDY TITLE: TRACER STUDY AS A PARADIGM FOR THE ENHANCEMENT OF QUALITY COURSE PROGRAMME DEVELOPMENT FOR BACHELOR OF SCIENCE IN HOSPITALITY MANAGEMENT AT IFUGAO STATE UNIVERSITY‚ POTIA CAMPUS
Premium Scientific method Research Higher education
How does the home environment affect the literacy skills of an individual? In today’s era of development‚ home environment eventually affects the literacy skills of an individual as when one is born‚ this environment will lead to their development and will inculcate the norms and values within the society and how to behave as an individual upon rules and regulation put forward by the community. Literacy is based on an individual’s discourse‚ and is acquired through social interactions with others
Premium Education Childhood Learning
Summer Reading Macroeconomics Guided Reading Questions Directions: After reading the book‚ please complete the following questions for discussion. Your responses must be typed‚ and they will be collected on the first day of class. Chapter 1: The Power of Markets 1. What are the two basic assumptions that economists make about individuals and firms? 2. What is the role and significance of prices in the market economy? 3. What’s so great about a market economy anyway? Chapter
Premium Economics
Three factors that affect non verbal communication We are always communicating in some sort of way and that may not necessarily mean we are saying something. Within today’s rapidly growing organisations‚ there are a lot of different types of communications that effect interactions between people in a business no matter how big or small the business may be. ‘An organization is a stable‚ formal social structure that takes resources from the environment and processes them to produce outputs’ (BIS
Premium Psychology Management Sociology
would increase and equilibrium quantity would decrease. b) The government provides a subsidy for notebook manufacturers. In this instance the price of spiral notebooks would decrease since the government would be assisting the industry that makes spiral notebooks; financially to ensure the price of spiral notebooks remains low. Additionally‚ price would decrease since the business responsible for spiral notebook production and sale‚ would not feel the need to raise the price since
Premium Supply and demand Consumer theory