Write a 2-3 page paper on how it is used, how it controls costs, and what would happen if it was not utilized properly.

Real-Life Application Paper

For this assignment, you will look at how what you have learned in the classroom is applied in real scenarios. Talk to a manager in the hospitality industry and find a form or procedure that controls costs. If this is not available to you, you may find a current event from a hospitality publication (i.e., Nation’s Restaurant News, National Restaurant Association, etc.). You should write a 2-3 page paper on how it is used, how it controls costs, and what would happen if it was not utilized properly.

Speak with the manager about their thoughts on how it’s used and what they think could go wrong if it wasn’t used properly along with providing your own thoughts on how else it could be used or what could be done differently, and what could happen if something wasn’t done properly.

Highlight any terms defined in the class power points. You should be able to use a minimum of 5 throughout the paper. Attach a copy of the form (you may black out any proprietary information) or a manager’s business card (contact information). If you use information from a hospitality publication to complete your paper include a link to the publication within your submission.

Potential forms or procedures to consider:

-P&L
-Ordering/Receiving Documents
-Schedule/Scheduling Procedures
-Inventory Forms/Procedures
-Bid Sheets

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