Unit 2 Finance and Funding in Travel Tourism – MEP - Level 5

Unit 2 Finance and Funding in Travel Tourism – MEP - Level 5

Task 1

1.1 Explain the importance of costs and volume in financial management of travel and tourism businesses using Merlin Entertainments Plc. as your case study

1.2 Analyzes pricing methods used in the travel and tourism sector. You need to use examples from different types of businesses in travel and tourism

1.3 Analyze factors influencing profit for travel and tourism businesses using Merlin Entertainments Plc. as your case study

Task 2

2.1 What is Management Accounting Information?

2.2 Types of Management Accounting and Information in Merlin Entertainments Plc.

2.3 Tools of Decisions

2.4 Management Accounting Information as a Decision Making Tool

2.5 Process of Decision Making

Task 3

3.1 Interpret financial accounts of The Restaurant Group (TRG) Plc. For the year ended 27 December 2015 showing at least two year performance (for example comparing 2015 to 2014)

Task 4

4.1 Finance and Funding in the travel and tourism sector

Discuss the importance and dynamics of working within a team

Reflect on the value gained from conducting the project

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