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Please answer the folloing quistion in 500m words with references:
What is your analysis on what needs to happen in the mind set of hospitality operators to make the industry attractive again to appeal to the next generation work force?
Assignment overview:
To demonstrate the ability to conduct independent research, analyze critically, and reflect deeply on the challenges and opportunities confronting the next generation of Food and Beverage Retail business models.
Overall aim:
The purpose of this assignment is to develop and assess the student’s ability to reflect analytically and write (TS1) a report that identifies, proposes, and promotes an entrepreneurial approach towards Food and Beverage Retail operations (LO1, LO2 and LO3) using a credible selection of sources (TS3) and financial acumen skills (TS4).
Learning Outcomes and Transferable Skills
• • •
LO1 Investigate potential revenue streams that will develop an organizations resilience in dealing with a continuously changing landscape
LO2 Develop a company’s KPI’s for its core revenue stream through a clear understanding of profitability margins
LO3 Investigate the elements of a business model for a new F&B start-up from product development to financing and marketing the idea
TS1 Communication TS3 Information literacy TS4 Numeracy skills
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