Unit 2 Finance In The Hospitality Industry - level 4

Diploma in Hospitality Management - Unit 2 Finance In The Hospitality Industry - level 4

Task 1:

1.1 Sources of funding available to finance the theme park project

1.2. Different (possible) sources of income for theme park

Task 2:

2.1. Cost classification

2.2. Computation of cost variables

2.3. Pricing strategies that can be followed by icon and upper house

2.4 The various stock and cash controlling methods

Task 3:

3.1. Determination of variances

3.2. Financial statement- structure and other variables

Task 4:

4.1. Calculation of ratios and analysis thereof

4.2. Suggested future management strategies

Task 5:

5.1 Categories costs as fixed, variable and semi-variable for a given scenario

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