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Question
(a) Describe what the term "preventive legal management' addresses. (b) Explain any 5 stakeholders that have a legal relationship within hospitality industry.
(c) Describe any 4 of the following terms and relate its importance and relevance within hospitality industry.
i. Hotel Law ii. Contract Law ii. Employment Legislations
v. Consumer Protection
v. Liquor licensing legislation vi. Health and Safety Act
New pressures unit rising in most countries with public expectations and demands for health care increasing worldwide.
Risk aversion implies only risk-free investments will be undertaken by corporate managers. Critically evaluate this statement What is the distinction between nominal and real interest rates
A customer waiting in line is potentially a lost customer. Choose a service organisation of your choice, suggest and explain the strategies that operations managers could use to make waiting less painful, Explain what is meant by capacity manageme..
Banks find it more profitable to lend money as the margin on lending is much higher than any other banking activity. However, banks have to assess credits risks and take necessary measures to reduce and mitigate their risks. After explaining ho..
Good Governance is an ideal. To ensure sustainable development, actions must be taken to work towards this ideal with the aim of making it a reality. With reference to the above statement, analyse the characteristics of Good Governance
An increasingly popular risk analysis technique is VAR. Explain, illustrate and assess this technique. Discuss what strategies can be used as risk planning tools? Explain the following techniques and state in what part of risk management process they..
From the perspective of the transformation process, explain the major differences that exist between the service industries and manufacturing industries, Describe the needs that operational managers are attempting to satisfy by the introduction of ..
This report describes about the importance of development of monitoring system in distribution. This is crucial from the perspective of collection and storage of significant data to generate meaningful information which leads to sound decision making..
According to S. Costello (1994) there exist three levels of change: developmental, transitional and transformational (a) Discuss the effect of transitional change on employees (b) What does this type of change involve?
The essay about critical thinking and its importance.
Organisations use multiple business management strategies to ensure its optimal performance. Discuss the role of Total Quality Management in that sphere
(a) What are the basic characteristics of Good Governance, (b) How do you define corruption? Describe the different ways that can be used by the Government to fight corruption
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