Profitability Ratios A class of financial metrics that are used to assess a business’s ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time. For most of these ratios‚ having a higher value relative to a competitor’s ratio or the same ratio from a previous period is indicative that the company is doing well. Gross Profit Margin A financial metric used to assess a firm’s financial health by revealing the proportion of
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the "Seven Deadly Sins of Service" COLDNESS Hospitality itself is a huge industry now a day and it is vital to have good customer service‚ this is what hospitality is all about‚ making people feel welcome with the product you are offering and surpassing their needs‚ coldness is a big sin in this industry‚ it means to not be affectionate or friendly‚ and not be a very enthusiastic person. The consequences of being a cold person in the hospitality industry is that you are basically not being hospitable
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minutes a month. Pinterest can impact a user’s website traffic and increase salesPintrest: profitability – (http://theweek.com/article/index/228202/can-pinterest-turn-its-popularity-into-profits) * secured $100 million in new financing‚ a deal that values the company at a cool $1.5 billion. While that’s well short of Facebook’s $100 billion value‚ Pinterest’s new investors apparently believe that the site‚ which has never turned a profit‚ can transform itself into a money-making machine * but
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Can profitability and morality coexist? Explain the statement in detail The largest companies in the nation have evolved over the years to find more ways to streamline operations‚ reduce waste‚ increase the productivity of their employees‚ preached corporate ethics to their employees‚ try to be involved with local communities by giving to the local youth clubs or donations to a regional cancer research center. But is this to be a good citizen of the community‚ or is it a show? There’s a view
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CONTENTS: LO1 1.1 Current scale‚ scope and diversity in hospitality industry (P1)……………………….2 1.2 Structure of different hospitality organizations (P2)……………………………………...6 1.3 Hospitality role and professional bodies (P3)…………………………………………………8 LO2 2.1 Staffing requirements for different hospitality industry (P4) …………..……………10 2.2 Role‚ responsibilities and qualification required for hospitality staff (P5)……..11 LO3 3.1 Operational‚ managerial and legislative issue resulted from recent developments
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Profitability Ratios Profitability Ratios attempt to measure the firm’s success in generating income. These ratios reflect the combined effects of the firm’s asset and debt management. Profit Margin The Profit Margin indicates the dollars in income that the firm earns on each dollar of sales. This ratio is calculated by dividing Net Income by Sales. Return on Assets (ROA) and Return on Equity (ROE) The Return on Assets Ratio indicates the dollars in income earned by the firm on its assets
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with subsidiaries all over the world. 1.VINCI is a French concessions and construction company founded in 1899 as Société Générale d ’Enterprises. It has employees of about 179‚000 and is one of the largest construction companies in the world by revenue. It was formed in 1899 by French engineers Alexandre Giros and Louis Loucheur. It has went on to become the largest company in construction and related services worldwide. VINCI has spread into number of countries establishing its business in the
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Hospitality Management. Students become acquainted with a creative and systematic pursuit of organizational goals within the hospitality industry‚ by planning‚ organizing‚ leading and controlling the available resources in a concerted and sustainable way. Innovative Hospitality Management Do you consider yourself to be a creative manager‚ a responsible entrepreneur and/or a hospitality trendsetter? Then start building your future and join an enriching multi-cultural environment which blends
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vertical integration‚ it indicates how these have in#uenced contemporary strategies in the component sectors. The paper goes on to illustrate how trends towards Fordist organization within airlines have con#icted with post-Fordist trends in hotel operations‚ to undermine attempts at vertical integration across the tourism industry. 2000 Elsevier Science Ltd. All rights reserved. Keywords: Regulation theory; Concentration; Horizontal integration; Vertical integration; Fordism; Post-Fordism 1.
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Level 1 Foundation Diploma in Hospitality Unit 2 Why the hospitality industry is important Guided Learning Hours: 30 (25 for teaching and learning activities‚ 5 for assessment activities) Unit aims The wider hospitality industry and the seven industries within it‚ provide a stimulating and challenging world for you to study and work in. Through this unit‚ you will learn how the everyday lives of people are affected by the important contribution the hospitality industry makes to the UK economy
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