The proponents conduct a study towards the topic because we notice some of the hotels and express inn are using online hotel reservation system while the Kingsfield Express Inn is still using manual reservation. Therefore‚ the proponents aim to find out how to increase the number of customer using computerize online reservation and with billing system. The hotel reservation system will provide service to on-line customers‚ travel agents‚ and an administrator. On-line customers and travel agents
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Chapter 1 Review 6. In what ways do communication skills act as a career filter? 7. Do business professionals think that college graduates today are well prepared for the communication and writing tasks in the workplace? 8. What are softskills? 9. Will the time and money spent on your college education and writing training most likely pay off? 10. List seven trends in the workplace that affect business communicators. Be prepared to discuss how they might affect you in your future career. 11. List
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Chapter 1 Cost Accounting: Information for Decision Making Key Concepts 1 Describe the way managers use accounting information to create value in organizations. ♦ Cost accounting helps manages achieve the maximum value for their organizations by providing information for decision making and by measuring the effects of decisions on the value creation of the organizations. ♦ Value chain is the set of activities that transforms raw resources into the goods and services end users purchase
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Chapter 1 Introduction to Cost Management I. FINANCIAL ACCOUNTING VERSUS COST MANAGEMENT: A SYSTEMS FRAMEWORK A system is a set of interrelated parts that performs one or more processes to accomplish specific objectives. An accounting information system consists of: objectives‚ interrelated parts‚ processes‚ and outputs. Inputs are generally economic events and the operational model of an accounting system is critically involved with the user of information. There are two basic accounting
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Chapter 1 1- District 12 is a very poor coal mining district located in the region known as Appalachia. 2- The activity Katniss participates is hunting. Katniss goes beyond the fence to hunt and brings back the food for her family. She has to do this because of how poor district 12 is. 3- when Katniss is asked who is your best friend she straight away says Gale meaning they share a close connection with each other. 4- A reaping is an annual event that takes place in every district before
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1 CHAPTER - I INTRODUCTION Two most powerful forces affecting each sector of the economy today are the increasing rate of globalisation and advances in information and communication technology. It causes companies to use their input resources as much as possible in an effective way. Information technology is a powerful force and perhaps the single massive drive‚ impacting global society during the past decade. No doubt‚ it has given a new meaning to the word ‘convenience’. Information technology
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Chapter 1: The Challenge of Food and Beverage Operations Travel and Tourism: The Umbrella Industry Travel and tourism industry: all of the businesses that provide products and/or services to the traveling public. It is comprised of 5 segments: lodging operations‚ food and beverage operations‚ transportations services‚ retail stores‚ and destination activities. Food and beverage service is not merely one major segment; it is also an important part of each other segment of travel and tourism industry
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Chapter 1 Lecture Notes i. Strategy 2. Definition ii. A strategy is a “game plan” that enables a company to attract customers by distinguishing itself from competitors. 1. Customer value propositions iii. Companies that adopt a customer intimacy strategy strive to understand and respond to individual customer needs better than competitors. Examples of companies that pursue this strategy include: Ritz-Carlton‚ Nordstrom‚ and Starbucks. iv. Companies that adopt an operational excellence strategy
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CHAPTER 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment ANSWERS to Review Questions 1-1 The explosion in e-commerce will affect managerial accounting in significant ways. One effect will be a drastic reduction in paper work. Millions of transactions between businesses will be conducted electronically with no hard-copy documentation. Along with this method of communicating for business transactions comes the very significant issue of information security. Businesses
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McConnell−Brue−Flynn: Microeconomics: Principles‚ Problems‚ and Policies‚ 18th Edition I. Introduction to Economics and the Economy 1. Limits‚ Alternatives‚ and Choices © The McGraw−Hill Companies‚ 2009 IN THIS CHAPTER YOU WILL LEARN: 1 The definition of economics and the features of the economic perspective. 2 The role of economic theory in economics. 3 The distinction between microeconomics and macroeconomics. 4 The categories of scarce resources and the nature of the economizing problem
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