Week 8 EOC: Quiz 8 Question 4.

a.    The total revenues in Oct 2009 was $545,000 and the total revenue in Oct 2010 was $583,000.Food and beverage revenues typically make up the largest portion of a hotel’s non-room revenue. (300).

b.  The GOP in dollars in 2009 was $162,000.  The GOP in dollars in 2010 was $184,550. Flow-through was created by managerial accountants to measure the ability of a hotel to convert increases in revenue directly to increases in GOP. (296).

c.    The GOP in percentage in 2009 was 29.72%.  The GOP in percentage in 2010 was 31.66%. Gross operating profit (GOP) is total hotel revenue less those expenses that are considered directly controllable by management. (298).

d.  The Flow-through percentage is 59.34%. The Flow -through is higher than 50% so it reflects efficiency in making more profits from additional revenue. 

Week 7 EOC: Trump and Small Business

“Business owners are divided about which candidate will provide the most beneficial support…”(INC). This quote explains a lot about the decisions America has made on the presidential election. Many business owners were and still are skeptical about both Clinton and Trump’s impact on their businesses. As the president elect, Trump brings a business aspect to the white house, which is one of the most appealing things that business owners see in Trump. “Many business owners feel like the country needs the fresh, non-political perspective of Trump, given the state of the current economy.” (INC). I agree that Trump can do well for businesses, however, it is still too early to form an opinion on Trump’s future actions because he is so unpredictable. Small business owner Brian Smith says that Hilary is more suited for the job. “He told CNBC that he believes Clinton's proposals will make it easier to allow business owners like himself to secure capital for expansions.” (INC). This view is very important because the small business industry’s main issue is lack of cash flow. The lack of cash flow is the number one reason a lot of small business are not successful. Along with their political views I find that Hilary focuses on the small business of America which are the minority of revenue just like she focuses on the ethnic minorities of America. As for Trump, I find he focuses on big successful business that bring in a majority of revenue. Since Trump has been elected, I predict that he will have a negative impact on the small minority businesses and positively affect the big majoritarian businesses, just like his racial views

Week 6 EOC: Weed in the Work Place

In my opinion recreational marijuana use should not be tolerated by an employer, however the use of medical marijuana should be tolerated but only with a legitimate document that proves the need of medical marijuana. “If an employee tests positive for marijuana, the employer should ask the worker to verify that he is a participant in a recognized medical marijuana program. The employer conducts further evaluation of the employment situation.” (SHRM). If an employee does not need pot for a medical use, then he should not be hired for safety reasons due to the “under the influence” factor on the job. “Marijuana use has been linked to an increase in job accidents and injuries…” (ohsonline). There should be insurance forms and a scheduled time for the employee to smoke. The reason I say this is because I know people who qualify for medical marijuana cards even though they have no medical reasons that prove they need pot. There should be more documents that state they need pot besides a medical card. For the exact reason that they can just get a medical card so easily. As of now, a positive test can be vital. “The penalty for a positive test is often a refusal to hire or, for those who are already employees, discipline up to and including termination.” (ohsonline). A law should be legalized that can determine the necessity of the drug to the user. As an employer I would follow the law of not hiring anybody that tests positive for marijuana use, however if the law (determining the necessity and having legal documents to prove otherwise) was passed I would not refuse the opportunity for the employee.