Receivable Turnover = Net Sales/Average Net Account Receivables Accounts receivable turnover ratio measures the effectiveness of a company in extending credit and collecting debts. It is an activity ratio that measures how efficiently a firm uses its assets. Year ABC DEF GHI Industry Average 2012 31‚ 053/988 = 31.43 16‚842/1‚282.5 = 13.13 5‚160/618 = 8.35 17.64 2013 32‚722/1‚042 = 31.4 18‚657/937 = 19.91 5‚858/494 = 11.86 21.06 In this table you see the accounts receivable turnovers from the 3
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obr3588x_ch07_212-246 10/5/04 11:17 AM Page 215 EQA Chapter 7 / Electronic Business Systems ● 215 R EAL WORLD CASE 1 H Hilton Hotels Corporation: D ata-Driven Hospitality ilton Hotels Corporation has learned that customers are more satisfied when they have a problem and the hotel staff takes care of it than if the stay goes flawlessly. Giving hotel staff the information to make critical recoveries is the reason Hilton‚ during one of the industry’s worst downturns in decades‚ piled $50
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Project Proposal Project Proposal on Employee Turnover Tiffanie Jenkins tiffaniejenkins1105@yahoo.com Professor Patrick Kinane GM 591 Leadership and Organizational Behavior July 17‚ 2011 Overview of organization The organization that will be the topic of discussion in my final project is Wal Mart. Wal Mart is public multinational corporation that runs chains of large discount department stores and warehouse stores whose headquarters are in Bentonville‚ Arkansas. The company is
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Study on Knorr Soupy Noodles Market in Goa 1 Study on Knorr Soupy Noodles Market in Goa ACKNOWLEDGEMENTS Without the assistance of a number of people‚ this research could not have been completed. Therefore‚ we would like to take this opportunity to thank the following people: Mr. Rammurthi Naidu‚ Territory Sales Officer at Hindustan Unilever‚ Goa for providing us with the opportunity to work with an esteemed organisation and for guiding us to obtain the fresh knowledge which will be useful
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manage their transaction with fast and more convenient way. The Columban College Hotel & Resort is founded Dr. Susan P. Alegoria‚ the Dean of the College of Business Administration‚ with the recommending approval of the school treasurer Fr. Amado S. Censon and Rev. Fr. Daniel O. Presto the school President to the Board of Trustees – Most Reverent Bishop Florentino G. Lavarias‚ DD‚ as Chairman of the Board. Hotel now are having a hard time keeping their files in place. The procedure implemented
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Silpakorn University International College 912 208 Practicum in Housekeeping and Front Office II ECO-FRIENDLY HOTELS RESEARCH Instructor: Aj. Wonrasak Sucher Submitted by: An Ngoc Van DO 90520165 I. Introduction to green hotels/ resorts: Green hotels or Eco hotels are environmentally friendly properties that take the initiative and implement very important practices and programs to reduce energy‚ water‚ and waste. That is participating in recycling programs‚ linen changing programs
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W Hotels W Hotels is Starwood’s luxury lifestyle / boutique hotel brand. Marketed towards a younger general crowd‚ the hotel brand was launched in 1998 with its first property‚ W New York‚ opening at 541 Lexington Avenue. The brand has since expanded internationally with properties opening first in Mexico City‚ Seoul‚ and Istanbul. The brand’s first resort property is W Maldives Retreat & Spa. The group has now 52 hotels all over the world‚ also in countries like Taiwan or Chili. In order
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organizations with research-based solutions for reducing turnover. This research strongly indicates that a combination of new employee assessment tools‚ including Realistic Job Previews‚ Job-Related Personality Assessments‚ and Behavior-Based Interviews not only predict which applicants in the general workforce will turn over‚ but it also indicates that this research can be successfully applied to assist those in the transportation industry to help them achieve their own organizational goals. Additionally
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History & Background of the Industry The very first outdoor theme park built in Singapore is Escape Theme Park. It was opened in May 2000 at the East side of Singapore‚ Downtown East‚ Pasir Ris. It has attracted over 4 million people since its opening. However due to redevelopment of Downtown East‚ Escape Theme Park was ceased on 26 November 2011. The first water theme park in Singapore was Wild Wild Wet. It opened in June 2004 at the same location as Escape Theme Park. Wild Wild Wet has received
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Contents Introduction Budgeting The Three Periods Forecasting Suggestions Technological advances in the Hospitality Industry Conclusion References Introduction The Newtown Central Hotel runs a 100 bedroom three star city centre hotel part of a global chain. The present report purpose is to evaluate the implementation of a range of strategies in order to achieve profitable room sales‚ looking at the past 3 period’s figures and using group results from the first assignment (yield management
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