TEXT 1 CASH CROP In agriculture‚ a cash crop is a crop which is grown for profit. The term is used to differentiate from subsistence crops‚ which are those fed to the producer’s own livestock or grown as food for the producer’s family. In earlier times cash crops were usually only a small (but vital) part of a farm’s total yield‚ while today‚ especially in the developed countries‚ almost all crops are mainly grown for cash. In non-developed nations‚ cash crops are usually crops which attract
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Restaurant Classification Restaurants are found throughout the United States as well as other countries. Restaurants are found in many different places such as street corners in mobile businesses‚ buffets found in mid-sized towns and cities‚ as well as upscale restaurants that are most always found in larger and more populated areas. All of these places serve one purpose in common; to aide to the desired food cravings of countless people. A person might say that there are no noticeable differences
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Personal Budget Exercise – Excel Creating a spreadsheet track personal business expenses is an excellent use of Microsoft Excel. For this exercise‚ you will create a spreadsheet to enter a personal budget and track actual expenses for the year. You may choose to use real data or create a fictitious budget using a monthly income amount of $2‚500. Here are suggested budget categories if you are not using a real budget. At a minimum‚ you must have 9 budget categories: Housing (mortgage or rent) Utilities
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Hanami Japanese restaurant is the best sushi restaurant in town. This restaurant is located at the Campus Village Shopping Center‚ in front of the building “University View”. The address is 8145-M Baltimore Avenue‚ College Park‚ MD 20740. Open seven days a week‚ Hanami Japanese restaurant is small but lovely and offers home-style Japanese dishes. I first heard about Hanami from my friend who delivers for Hanami. Despite this‚ my first visit was not until October 11. Judging from the outside‚ I could
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Budget Interpretation Budgets help to bring spending under control and lead the way for the development of plans that enable an organization to become or remain fiscally sound. For an organization to develop or maintain financial stability‚ it must understand the purpose of budgeting and how to apply the various budgeting techniques that will help promote and expand the business. Budgeting requires organizations to use financial projections to attract investors and secure grants or donations‚ which
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1. There are many criticisms about budget‚ but using budget can increase sales‚ decentralize and empower to lower level. According to the reading articles‚ budgetary can replace the fixed performance target with openness and transparency. And also management can give employees more freedom to manage. For example‚ Musimundo did not have budget before 2004. After 2004‚ it had established budget system. The budget was separated in two ways which were bottom-up and top-down. Employees who are at the
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My favorite restaurant concept is to create a restaurant/cafe that is friendly to the environment. The main focus of the restaurant will be to provide foods such as coffee‚ tea‚ pastries‚ sandwitches and at the same time focus on environment conservation. This concept resonates with my personality which is to keep my surrounding environment friendly and sustainable for future generation. Nature is very friendly and one of my dreams is to become friendly to it. The only way to appreciate nature is
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BUDGET PROCESS The budget combined with individual objectives or targets provides the basis on which employees need to be motivated and stretched. In the absence of such a structure‚ spending may become higher than necessary and the extra effort required to help bring in the required revenue may not be made. As the budget can be seen as a constraint on a department’s or an individual’s activities‚ it may not always be warmly embraced. Therefore the motivational aspect needs to be carefully managed
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ADMINISTERING THE BUDGET A budget is a written financial plan for business operations developed for a specific period of time. Budgets are often developed for six months or a year but can cover a longer or shorter time period depending on the type of budget and the nature of the business. Because a budget is an estimate of what might happen‚ it usually cannot be followed exactly. Staying close to the amount budgeted is desirable. However‚ for various reasons beyond the control of managers‚ actual
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providing food‚ drinks‚ etc. for people who are the guests or customers of an organization” is known as hospitality. Hospitality Industry: The hospitality industry is a broad category of fields within the service industry that includes lodging‚ restaurants‚ event planning‚ theme parks‚ transportation‚ cruise line‚ and additional fields within the tourism industry. Relation b/w Hospitality & Tourism industry: The hospitality industry is the supplier of the services for tourism. Food Service
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