personal holidays public holidays special functionsevents 4 Research and

Personal holidays public holidays special

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personal holidays - public holidays - special functions/events 4. Research and suggest what improvements do you think the owners can take to improve this situation? a. STOCK CONTROL - Do not over order ingredients - Use ingredients before out of date (ex: staff meal, special menu) - Do not take ingredients for personal use - Deal with food and beverage carefully to minimize wastage b. PRICE FLUCTUATION - Change menu if necessary - Use substitute ingredients accordingly c. LABOUR - Cut down staff and use staff wisely in public holidays - Cut down staff during off-peak hours - Questioning the structure of managements and the wage level
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5. Which factors as a manager, you should take into consideration when preparing financial and statistical reports? (Minimum 5) a. The data must be accurate, relevant, reliable. b. All information, expected and unexpected, must be included. c. Accounting regulations and tax laws should be complied. d. Period of time (weekly, monthly, quarterly, annually). e. A clear cover page includes types of budget, period of time, name of venue. f. Right format and layout. g. Basic statements must be included, such as cash budget, profit and loss statement, balance sheet.
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