dThe Division of Labor in Society (1893) [Excerpt from Robert Alun Jones. Emile Durkheim: An Introduction to Four Major Works. Beverly Hills‚ CA: Sage Publications‚ Inc.‚ 1986. Pp. 24-59.] Outline of Topics 1. Durkheim’s Problem 2. The Function of the Division of Labor 3. The Causes of the Division of Labor 4. Abnormal Forms of the Division of Labor 5. Critical Remarks Durkheim’s Problem In 1776‚ Adam Smith opened The Wealth of Nations with the observation that "the greatest
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CHAPTER 1 The guest’s experience 8329 room division management h113 13 13-12-2007 16:03:30 1.1 Selection and reservation Hotel associates must look at a guest’s stay from the guest’s perspective. How does the guest experience his stay at the hotel? What does the guest need and what are his wishes? In order to fulfil these needs and wishes‚ hotels must gather as much information about the guest as possible. Therefore it is essential that hotel associates know about the different
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Determinants of Commercial Banks Profitability: An Empirical Evidence from the Commercial Banks of Ethiopia Birhanu Tsehay Amare ID No. GSR/ 0695/03 A thesis submitted to The Department of Accounting and Finance Presented in Partial Fulfillment of the Requirement for the Degree of Master of Business Administration in Finance Addis Ababa University Addis Ababa‚ Ethiopia May‚ 2012 1 Addis Ababa University School of Graduate Studies This is to certify that the thesis prepared by
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UNIVERSITY Of ZIMBABWE FACULTY OF COMMERCE TOURISM‚ LEISURE AND HOSPITALITY STUDIES DEPARTMENT ROOMS DIVISION MANAGEMENT THM208 YEAR 2012 LECTURER: MRS. D ZENGENI Time table Monday 11.00-13.00hrs Tuesday 11.00-12.00hrs Preamble This course is designed to introduce students to the principles of accommodation management in hospitality industry. Emphasis will be placed on Rooms Divisions’ traditional role as the best generator of the hotel’s revenue as well as its principal operational functions
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Room Division and It’s Function 1. Front Office Front office has been described as the hub or nerve center of the hotel. It is the department that makes a first impression on the guest and one that the guest relies on throughout his or her stay for information and service. It’s duty is to enhance guest services by constantly developing services to meet guest needs. The function of front office are the followings: To sell and up-sell rooms The front office will hand over all the expected arrivals
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with which it is anywhere directed‚ or applied‚ seem to have been the effects of the division of labor” (Smith‚ Book1‚ Chapter 1‚ Of the Division of Labor). The division of labor allows a market‚ state‚ countries and societies to undergo economic improvement. Adam Smith is correct to say that The Division of Labor is how countries become rich‚ but the division of labor has some of its own problems too. The division of labor is explained by Smith as‚ “First‚ the improvement of the dexterity of the
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Profitability Profitability is the relationship between profit and sales and helps managers to determine how well each dollar of sales generates profits The level of profitability depends on: 1. The volume of sales 2. The percentage mark-tup applied 3. The level of expenses incurred There are three ratios to measure profitability: Gross Profit Ration (GPR) Is derived from the income statement It shows how well the company is maintaining and adequate margin between sales and purchases
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The major profitability ratios are: 1.1.1.1 RETURN ON CAPITAL: Describes the earning capacity of the enterprise and it is measured by the following ratio: Profit before interest and taxation Average operating Assets The Return On Capital ratio measures how well the average operating assets (assets such as debtors‚ cash‚ fixed assets‚ stock) are generating the company s income‚ and is indicative of the management techniques applied by the company to utilise its assets
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Division Classification: A logical way of thinking that allows us to make sense of a complex world. The institution that what people stated the purpose. -Division-taking a single unit or concept‚ breaking the unit down into its parts‚ and then analyzing the connections among the parts and between the parts and the whole. -Classification-brings two or more related items together and categorizes them according to type or kind. II. How Division-Classification fits your purpose and audience.
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Appendix B Profitability Analysis Solutions to Questions B-1 Absolute profitability measures the impact on overall profits of adding or dropping a particular segment‚ such as a product or customer‚ without making any other changes. B-2 Relative profitability involves ranking segments‚ each of which may be absolutely profitable‚ for the purpose of making trade-offs among the segments. Such trade-offs are necessary when a constraint exists. Otherwise‚ they are not necessary. B-3 Every business
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