Scribd Logo
Upload

Welcome to Scribd!

  • Hotel Management Study

    Uploaded by

    JoannaJeanne
    9 views3 pages
    The International Hotel Investment Forum is less than a month away, and for perspective on the global hotel industry, we reached out directly to attendees. While there are certainly headwinds, overall, delegates are generally optimistic over the future prospects of the hotel industry in terms of transaction volumes, overall performance and access to debt. Here's what some of them had to say.

    Original Title

    Hotel management study

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The International Hotel Investment Forum is less than a month away, and for perspective on the global hotel industry, we reached out directly to attendees. While there are certainly headwinds, overall, delegates are generally optimistic over the future prospects of the hotel industry in terms of transaction volumes, overall performance and access to debt. Here's what some of them had to say.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views3 pages

    Hotel Management Study

    Uploaded by

    JoannaJeanne
    The International Hotel Investment Forum is less than a month away, and for perspective on the global hotel industry, we reached out directly to attendees. While there are certainly headwinds, overall, delegates are generally optimistic over the future prospects of the hotel industry in terms of transaction volumes, overall performance and access to debt. Here's what some of them had to say.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    JoannaJeanneM.

    Alconera
    BlockM

    1.Identifythedifferentelementsofacontract.Givean
    exampleofeach.
    a.CapablePartiesisanindicationthatonepartywould
    liketoenterintoacontractonspecifictermswithanother
    anotherparty.Thereisnoofferunlessthereisenough
    specificityfortheotherpartytoacceptthoseterms
    withoutfurtherclarification.Forexample,ifPartyA
    simplystatestoPartyBthathewouldliketosellhis
    bicycle,PartyAhasnotmadeanoffertoPartyBbecausehe
    hasnotspecifiedthemostimportanttermofanypotential
    contract:price.However,ifPartyAstatesthathewould
    liketosellhisbicycletoPartyBfor$100,PartyAhas
    madeanoffertoPartyBwithenoughspecificitythatParty
    Bcannowaccepthisofferwithoutanyfurther
    clarification.
    b.MutualAssentisaclearindicationthattheotherparty
    hasacceptedtheoffer.Thisacceptancemustbeobjectively
    clearwithnoconditionsattached.Iftheotherpartyhas
    notacceptedalltermsoftheoffer,butrathercreatednew
    terms,thisisacounterofferandthereisnoacceptance.
    Forexample,ifinresponsetoPartyA'soffertosellhis
    bicyclefor$100,PartyBsaysthathewillpaythe$100
    onlyifPartyAthrowsinthehelmet,PartyBhasnot
    acceptedtheoffer.Hehasinsteadmadeacounteroffer.
    Asstatedabove,theacceptancemustalsooccurwithina
    reasonabletimefromwhentheofferwasextendedorwithin
    thetimeframeindicatedbytheofferingparty.Ifnot,the
    offerhaslapsedandtherecanbenoacceptanceuntilthe
    offerorrenewstheoffer.
    c.LawfulObjectiveAcontractrequiresthattheparties
    intendtoenterintoalegallybindingagreement.Thatis,

    thepartiesenteringintothecontractmustintendtocreate
    legalrelationsandmustunderstandthattheagreementcan
    beenforcedbylaw.
    d.SufficientCausetoContractthismeansthereisa
    reasonforthecontract.Itdoesnthavetobeformoney,
    products,orservices,butthesecausesarethemostcommon.
    Itmerelyrequiresquidproquo,alatinphrasemeaning
    somethingforsomethingthatis,eachpartyexpectsto
    receivesomethingasaresultofthecontract.
    2.WhatistheimportanceofEDI&XMLtoabusiness?Give
    anexample.
    Theuseofelectronicinvoicing,approval,and
    paymentdependonbothEDIandextensiblemarkup
    language(XML).Theseprotocolsenablecampaniesto
    sendtransactionsintheformofapurchaseorderor
    invoiceviatheInternitforelectronicreview,
    approval,andpayment.Onlinepeopleroutinelyshare
    informationthat,inthepast,wouldhavebeen
    consideredproprietary
    andhiddenfromsupplies.Thoughkeepingthis
    informationproprietaryhasaffordedcompanies
    leverageoversuppliesinthepast,todayitis
    possibletousethasameinformationtodevelop
    economicties.
    EDIandXMLworkasfollows:XMLuses
    totellawebbrowserhotodisplayinformationon
    thescreen.Thecomputerdoesntknowwhatthe
    informationis;itjustdisplaysit.XMLprovides
    additionaltagsthatidentifythekindof
    informationthatisbeingdisplayedandexchanged.

    3.Inlinewithmodule4,assumingthatyouhaveafood

    establishmenthowwillyouapplythereceivingfunctionsof
    thepurchasegoodsinyourcompany?

    You might also like