Costs and volume in the financial management

Unit 2 Finance and Funding in TT - Merlin - Level 5 (Diploma in Travel and Tourism)

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Task 1 Importance of cost, volume and profit for the management decision making in Merlin entertainment Plc.

Question 1 Explain the importance of costs and volume in the financial management of travel and tourism business using Merlin entertainment Plc.

Question 2 Analysis the pricing method used by Merlin entertainment?

Question 3 Factors influencing the profit for travel and tourism business?

Task-2

Question 1 Presentation

Task-3

Question 1 Interpreted the financial accounts of the restaurant group Plc. for the year ended 27 December 2015?

Task-4

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Unit 2 Finance and Funding in Travel and Tourism is a core unit in the Level 5 Diploma in Travel and Tourism. It provides students with a comprehensive understanding of the financial management of travel and tourism businesses.

The unit covers a wide range of topics, including:

• The importance of costs and volume in financial management
• Different costing methods, such as cost-plus pricing, market-led pricing, and competitive pricing
• Financial statement analysis
• Risk management
• Sources of funding

Merlin Entertainments Plc is a leading global leisure and entertainment company. It operates a number of popular attractions, such as Legoland, Madame Tussauds, and Alton Towers. Merlin is a good case study for Unit 2 Finance and Funding in Travel and Tourism because it is a large and complex business with a global reach.

Students who are taking Unit 2 Finance and Funding in Travel and Tourism may need assignment help with a variety of tasks, such as:

• Analyzing the financial performance of a travel and tourism business
• Developing a financial plan for a new travel and tourism venture
• Assessing the riskiness of a particular investment in the travel and tourism sector
• Identifying and evaluating potential sources of funding for a travel and tourism business

If you are a student who is taking Unit 2 Finance and Funding in Travel and Tourism and you need assignment help, there are a number of resources available to you. You can contact your tutor, search for online resources, or hire a professional assignment writer.

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