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The Hotel and Resort Finance Department drives activities such as tracking the cost of running the hotel and making sure that the revenue makes a profit. The finance department also carries many jobs that are just pure finance and are not hospitality specific. Seasonality and Long & Irregular Working Hours issue initiatives and policies activities have a big effect on the success of an organization. Directly and indirectly, the Seasonality and Long & Irregular Working Hours issue initiatives and policies will affect financial performance and can have an impact on profitability.
Find out costs for the company to implement the Seasonality and Long & Irregular Working Hours issue initiatives and Policies. Discuss what impact these plans will have on financial performance for the company. Consider the current nomic status of the province, Country when discussing a plan. Consider the current market prices as a potential factor of the policies.
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Scenario B Mr. Paul Hodge, the owner of several restaurants is concerned about the wide differences in the profit margins of the various restaurants.
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