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This unit aims to give students the opportunity to develop their business acumen,

covering a number of different business activities applied within the hospitality

industry context. These include forecasting and budgeting, interpreting financial

statements, recruitment and retention of staff, effective communication and dealing

with legislation and regulation.

Learning Outcomes

By the end of this unit students will be able to:

1.      Investigate how to manage finance and record transactions to minimise costs responsibly within the hospitality sector

2.      Assess how to manage the Human Resources (HR) life cycle within the context of HR strategy

3.      Illustrate the potential impact of the legal and ethical considerations on a hospitality business

4.      Explain the importance of coordinating and integrating various functions of departments within the hospitality sector.

Skill Level: Beginner