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ONLINE CLASS - Hospitality Finance
1.1 Review the sources of
funding available to business
and service industries
VIDEOS
LINKS
1.2 Evaluate the
contribution made by a
range of methods of
generating income within
a given business and
services operation
VIDEOS
Part 1 - Video
2.1 Discuss elements of cost
gross profit percentages and
selling prices for products
and services.
VIDEO
2.2 Evaluate methods of
controlling stock and cash
in a business and services
environment.
VIDEO
LINKS
3.4 Analyse variances
from budgeted and
actual figures, offering
suggestions for
appropriate future
management action.
VIDEO
LINKS
4.1 Calculate all ratios to
offer c consistent
interpretation of historical
business performance
VIDEO
LINKS
Operating margin
4.2 Recommend appropriate
future management strategies
for a given business and
services operation.
LINKS
5.1 Categorise costs
as fixed, variable and
semi variable for a
given business
scenario
VIDEO
LINKS
Marginal and absorption costing
5.2 Calculate contribution
per product/customer and
explain the cost/profit
volume relationship for a
given scenario.
LINKS
5.3 Justify short term
management decisions
based on profit/loss
potentials and risk
(break even)
calculations for a given
business and service
operation.
LINKS
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