BHM205 : Compliance and Risk Management in Hospitality - Management Assignment

Download Solution Now
Internal Code: MAS5700

Management Assignment:

Congratulations on starting your new hospitality business. Your business will operate within the Melbourne city limits (postcode 3000). You will need to comply with the rules within that area. As the key financial investor, I am very excited to see how your business will grow in accordance with the decisions you make. As we discussed at the outset, I have concerns over the cost of compliance and am unsure as to which compliance measures our business needs to adhere to. I have researched this, and there seems to be a ridiculous amount for us to licensing for us to comply with. As the chief financial investor, I do not believe that we could possibly need ALL of the licenses that I have discovered. As such, I have compiled a list for you to review and would request that you notify me of which items we will comply with. I have set a budget of $2000 for this purpose. Your goal is to spend as little as possible, while still maintaining the viability of this business against perceived risks. Questions:  1) Which ones we are complying with and why? As well as why some have not been included. 2) If you decide to take a risk, provide a persuasive argument for why.  
  • Uploaded By : celina
  • Posted on : October 23rd, 2017
  • Downloads : 0

Download Solution Now

Review Question

Please enter your email

Can't find what you're looking for?

Choose a Plan

Premium

40 USD

  • All in Gold, plus:
  • 30-minute live one-to-one session with an expert
    • Understanding Marking Rubric
    • Understanding task requirements
    • Structuring & Formatting
    • Referencing & Citing
Most
Popular

Gold

20 15 USD

  • Get the Full Used Solution
    (Solution is already submitted and 100% plagiarised.
    Can only be used for reference purposes)
Save 25%

Silver

10 USD

  • Journals
  • Peer-Reviewed Articles
  • Books
  • Various other Data Sources – ProQuest, Informit, Scopus, Academic Search Complete, EBSCO, Exerpta Medica Database, and more