...Introduction Many incoming students face these factors that might affect in choosing Hotel and Restaurant Management course from other courses available. Some students choose HRM course because they think that it is easy and a fast way to graduate because some of the mindset of the students are just to graduate and get a job like being a waiter or bartender, without thinking that the knowledge that they learned wasn’t put into good use. On the recent enrollment on Trinity University of Asia, students of Hotel and Restaurant Management course gradually increased, this shows that many students are giving interest in the course and because of that, the course is now being recognized as one of the top courses to be taken in the Philippines. One of the benefits of choosing the course is that you can learn about knowing the right managerial skills in handling a Hotel and Restaurant and also learning about the different kinds of foods that you can cook. One of the factors in choosing the course, is being chosen and going out of the country to train and learn more about the industry that you have chosen. The experience that you gain will be a valuable asset in finding a job or taking up your Master’s Degree. The importance of choosing Hotel and Restaurant Management course as well as any course available is vital and crucial part of a student, as it will be the building blocks for your success in the future. Students need to be more attentive and interested in our course because it will help...
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...Money - Medium of exchange - an object that is generally used in exchange for goods and services. If it didn't exist we would need to barter. - Unit of account - an agreed measure for stating the prices of goods and services. - Store of value - money can be held for a time and used later in exchange for goods and services. The importance of money in any economy can be seen from the role it plays: 1. Money acts as a medium of exchange. It allows society to make unlimited exchanges and transactions so goods can move around the economy. Money also allowed individuals and firms to generate wealth and increase it. This is achieved when one can readily purchase produced items and sell them for a higher value than they were purchased. The existence of money allows goods and services to get to the people who need them. 2. Money also acts as a store of value, this is where one can sell a commodity, in return for money and be able to be reliably saved, stored, and retrieved. 3. The most important role money plays is it acts as a unit of account. This is a common standard by which all the market value of goods, services, and other transactions can be measured and compared. Without this the value of an economy could not be calculated. 4. With gold completely divorced from money, initially the British pound sterling was the world's reserve currency after World War II. With Britain's demise on the international scene the US and its dollar become the world's...
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...History of the Hospitality Industry Origins Caring for travelers has been a fundamental element of civilized societies since long before the birth of the hospitality company or the Holiday Inn Express. In ancient Greece, guest rights were one of the few established sets of conventions that were universally accepted amongst diverse cultures within the Greek world. Likewise, stewardship towards guests can be seen extensively in biblical passages. Hospitality did not begin in the Bible or in Greece; it has existed since man first established permanent settlements. Before then, the concept of hospitality could not exist as everyone was nomadic. Ever since, hospitality has become more than an isolated cultural establishment-- but a worldwide occurrence reflective of basic humanity. In the Dark Ages travelers had little choice except to stay in monasteries that offered food and shelter. Throughout the Middle Ages, local lords would take turns hosting the king and his royal court as they traveled. The idea of hosting travelers was taken even further when trade and commerce began to boom, prompting taverns and inns to arise, especially in ports cities. History of the Hospitality Industry History of the Hospitality Industry Hospitality has since evolved into a highly competitive industry. The word itself has taken on a whole new meaning now that leisure time and travel are available to the masses. Hospitality is no longer just about getting from point A to point B, but also how...
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...| Hospitality and Restaurant Management As an In-Demand Course: | A Survey Study | | Peter Jay Obillo | 10/1/2013 | | CHAPTER I THE PROBLEM Background of the Study In the annual rate of enrollees at Panpacific University North Philippines, The College of Hotel and Restaurant Management takes the place of one of the courses that has a high percentage of enrollments every year in the other courses offered. This result shows that many students are giving interest of taking up Hotel and Restaurant Management course. Hospitality Management is one of the courses that is in-demand in the Philippines and all around the world. The program has a very broad scope of subject and skills to be learned, it may come in many names; these are food and beverage, hospitality management, and travel and tourism business, cruise line and maritime. Here are some factors why Hotel and Restaurant Management course is in-Demand: 1.)Wide Range of Opportunities- Hospitality Industry is very huge. You can find different Hospitality companies anywhere in the globe. Because of this you will Have Unlimited opportunities for your career. You can choose to work in your local or find jobs abroad. 2.)Different Career Path- Graduates who study Hotel and Restaurant Management choose a career based on their expertise or shift to another field related to Hospitality Management. You can be a Restaurant Manager, Hotel Manager or any career that is related in hospitality industry. 3.)High...
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