Reference no: EM13862303
Assignment
Aim:
The aim of this assessment is to demonstrate an understanding of Risk Management Plans in the context of ‘live' Hospitality venues. Students will have to consider compliance and legislative issues as well as concerns regarding practical implementation and related consequences. Primarily, the students' attention should be on the development of a Risk Management Plan that promotes compliance and best practice in a practical environment.
The Plan will provide the opportunity for students to apply their knowledge of compliance and risk management in the context of the hospitality industry.
Assessment brief:
Each student is required to do the following:
- Identify an area of risk management that relates specifically to the hospitality Industry. Eg: Finance, Taxation, OH&S, Licence Compliance, HR Management, IT systems etc
- Detail how a business would assess this risk and clarify the consequences of ignoring this risk.
- Discuss how the business would need to act in order to counteract this risk, including the benefits of implementing a risk management plan in these circumstances.
- Outline the Risk Management Plan, detailing how and where control, decision making and intervention is implemented.
- What are the major concerns with this plan?
Risk Management Plan
Your task is to establish ‘risk' in a ‘live' hospitality venue and develop a Risk Management Plan to contend with one of the areas identified. Outline the degree of risk, how and where it may be controlled, and how and where decision and intervention could be implemented. You may choose to include appendices, and all work must be fully referenced.
|
Best way to go about pricing your product or service
: What do you think is the best way to go about pricing your product or service? Why do you think that's the best way
|
|
Would you like to work for schlumberger
: What are the advantages and disadvantages of Schlumberger's approach to international human resources management? Under what circumstances, if any, might Schlumberger find it necessary to change its international staffing strategy
|
|
Legal and ethical considerations in marketing
: Assignment 4: Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property
|
|
Explain why terminal velocity is used instead of velocity
: Explain why terminal velocity is used instead of the initial velocity or the velocity before the particles have accelerated due to gravity to the terminal velocity. Then define the yield stress. Then introduce the two step solution to the problem ..
|
|
Identify area of risk management that relates to hospitality
: Identify an area of risk management that relates specifically to the hospitality Industry. Eg: Finance, Taxation, OH&S, Licence Compliance, HR Management, IT systems etc.
|
|
Essay on adultery
: What incidents were happening in the world/country during the time period your urban legend originated that could have influenced the growth of your tale? (You may have to look this up, but it is another example of common knowledge, so no citation..
|
|
Find the vision statement of a company from its website
: Find the vision statement of a company from its website or other sources (Vision statements for Wells Fargo, Hilton Hotel, 3M Dental Products Division, HJ Heinz, and Chevron can be found on pages 45 and 46 of the text.).
|
|
How does dhl differentiate itself from its competitors
: How does DHL differentiate itself from its competitors? How do the morning operations differ from the afternoon operations at DHL's Miami gateway?
|
|
Calculate the power output in kilowatts for an air flow
: Calculate the power output in kilowatts for an air flow of 15 kgjs. Calculate also the thermal efficiency and the work ratio. Neglect changes in kinetic energy, and the loss of pressure in the combustion chamber.
|