How decision will have an affect on your pricing for hotel

Assignment Help Accounting Basics
Reference no: EM132437241

Question - You operate a group of hotels which have seen an increase in the amount of reservations. You currently have a staff of 10 people working in the reservations area. You would like to concentrate on providing the guests with an exceptional stay at the hotels, but the cost of a computerized reservation system would reduce the amount of staff which could service the guests. You have to make some decisions on which decision will be best for the business.

1. What relevant and irrelevant information do you need to make this decision?

2. What non-financial information is relevant to make this decision?

3. Explain how your decision will have an affect on your pricing for the hotel?

Reference no: EM132437241

Questions Cloud

What community characteristics would be helpful to collect : What community characteristics would be helpful to collect? Be comprehensive and specific.
Explain disadvantage of computer mediated communication : According to Bevan & Sole, health communication researchers have found that self-fulfilling prophecies in doctor-patient relationships can result in
What is the cause of illness for diabetes : What is the cause of illness for diabetes?
Developed definition of globalization in the last module : Since we developed a definition of globalization in the last module, this week we're digging further into how it applies to you personally.
How decision will have an affect on your pricing for hotel : You operate a group of hotels which have seen an increase in the amount of reservations. Explain how your decision will have affect on your pricing for hotel
Connection of your issue or event to the lens of humanities : What is the connection of your issue or event to the lens of the humanities? Utilize evidence from theory and research to support your analysis.
What community characteristics would be helpful to collect : What community characteristics would be helpful to collect? Be comprehensive and specific.
What are thoughts on the treatment approach : What are your thoughts on the treatment approach taken with the patient? What are the pros and cons of this approach? Explain.
Discuss the empathy is so important in communication : Discuss the Empathy is so important in communication,Emotional intelligence involves all of the following abilities EXCEPT,all elements of effective listening

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd