Hospitality Module Involves

Question: Discuss about the Hospitality Module Involves. Answer: Introduction: It is a common practice to make a budget on how the money will be utilized on subsequent time. Budget enables the regulation of expenditure on regular and essential expenses. Budget helps an individual to differenciate between essential and non-essential expences and enables to make the expenditure accordingly. For example, an individual allocate more budget on mortgage, house rent etc. and less budget on home decoration, frequent outing etc. Depending upon the type tourism the expenditure budget can be of following types: weekly, fortnightly, monthly or even yearly. In some instances budget shall buffer an unexpected expenses, such as medical bills and car maintenance. Proper budget involves a thorough review and necessary changes on regular interval of every week or every month. Accounting software is one of the types of accounting software, which keep records and processes accounting transactions among the trial balance, payroll and accounts payable and receivable. The accounting software mainly functions as accounting information system. An organization can purchase accounting software with local modification from a third party and perform the account calculation and management. The significant advantage of using account software is that it is on-line based and therefore can be accessed through any internet enabled device at any time. The tourism and hospitality industry are associated with several common hazards. In order to prevent people from these industries to be in such kind of hazards, it is important to have an elaborate knowledge about these hazards. The tourism and hospitality Module involves: electricity, manual handling, burns and cuts, machinery and equipment, slips, trips and falls, hazardous substances, dangerous goods, cash handling and opening and closing procedure. People working in these industries are involved in various activities, which include cooking, food preparation, bed making and cleaning, beverage and food servicing and working with the tour guide. Keeping in mind about the hectic and demanding nature of works, the tourism and hospitality industry employees prefer a large number of casual and young individuals. Statistical data indicated about the high magnitude of injury in this industry. But most of these injuries can be prevented through proper training and supervision. The individu als working in these industries should follow and work according to safety instructions and rescue other from any kind of hazards. Regular assessment is important to judge the safety measures based on the performance under every circumstances. Based on several evidences one can differentiate the services being either competent or not yet competent. On the basis of several evidences the competency of the services are judged. The requirements of the tourism and hospitality industry are mainly highlighted by competency-based assessment. Competency-based assessment includes complete aspects of work performance, which include solving the problem and application of knowledges and skills in both new and familiar situations. Competency-based assessment includes combined assessment of skills and knowledge. It is undesirable to assess and demonstrate each criteria individually, rather assessor should use an integrated or holistic approach for assessment. This later method of assessment is highly acceptable as the concept of competence include a cumulative action of wide range of knowledge, skills and attitudes. The tourism also provide research services to the tourism industry through consumer and market insights, economic and aviation analysis. Through the assessment of tourism industry the authority identifies and understands the requirements and drives the consumer segments which will eventually give the appropriate return on investment. The tourism research include analysis and communication trends in global tourism and enable to identify the new and high-yield tourism market. The Tourism Research Australia provide enormous research information which enable to improve the decision making policy, marketing and overall performance of the tourism industry for the Australian community.