Focuses on the generation and analysis of quantitative information for planning, control, and decision-making by hospitality managers. Emphasizes the use of timely and relevant financial information as a vital tool of management. Financial reports are analyzed, cost concepts introduced, CVP analysis undertaken. Forecasting methods are introduced and examined, the preparation and use of operations budgets reviewed, and capital budgeting methods considered. A range of practical exercises are utilized throughout this course of study.

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