Pros: Helps hotel to achieve 100% occupancy, Maximize expected venue, Long term revenue and profit increase, low risk method to increase profitability and Compensation are cheaper than leaving a room empty
Cons: loss of hotel reputation, alternative arrangement for guests might be more expensive, may revive negative review online ,
The purposeful and deliberate act of overbooking runs counter to any acceptable standard of ethical business practice. In addition to the practice being ripe with serious legal, contractual and consumer protection violations, overbooking forces hospitality personnel into making conscious immoral and unethical choices.
Answer: Start = $300 million
End = $318.59 million
Explanation:
NAV can be calculated by dividing the funds Assets net of Liabilities by the total number of outstanding shares.
At start of the year NAV is $300 million and NAV per share is therefore,
= 300 million/ 10 million
= $30 per share.
Ending NAV
During the year the fund made Investments and increased by a price of 7%
= 300 million (1 + 0.07)
= $321 million
We still have to subtract the 12b-1 fees that the fund charges though and that would result in,
= 321 million * (1 - 0.0075)
= 318.5925
= $318.59 million.
Dividing this by the total number of outstanding shares we have,
= 318.59 /10
= $31.86
$31.86 is the NAV per share at year end.
Answer:
Management implies a conception and practice regarding power, administration and ways of building consensus and hegemony within an organization or institution. Management is the way to carry out the articulation between the perspectives, through the organizational modes that serve the same and that are consistent with the fines and objectives of the institution.
Explanation:
According to this, the management action crosses the entire institution, in its relationships, in internal coordination, in the ways of establishing work ties, working communities, in the set of options that are adopted when interacting with other institutions It is not just driving or direction. It is the coordination of work processes within the framework of an organization, where roles and tasks are given, which in principle can be articulated generating levels of management.
The employee PPE meet must contain the adequate equipment that the equipment is adequate to protect the work place and the workers from the hazardous accidents
Explanation:
There are many PPE standards and all must ensure that the PPE meet their standards and they provide face protection and the eye protection and the other additional protection
The need to check the standard is completely voluntary and they must make clear that they are under the safety conditions and there are some items that the must pay for is for their boots and shoes the safety glasses and the safety googles
Answer:
The journal entries are as follows:
(a) Accounts receivables [$2,200 - 2%] A/c Dr. $2,156
To Sales revenue $2,156
(To record the sale)
(b) Cost of Goods Sold A/c Dr. $1,200
To inventory $1,200
(To record the cost of goods sold)
(c) Cash A/c Dr. $2,156
To Accounts receivables $2,156
(To record payment within discount term)
