PowerPoint Presentation Facility and Risk Management for Hospitality Operations Assessment 3 OVERVIEW Dr DJ Gleeson MNG01222 Assessment 3 ESSENTIALS You MUST have visited and observed the venue...

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PowerPoint Presentation Facility and Risk Management for Hospitality Operations Assessment 3 OVERVIEW Dr DJ Gleeson MNG01222 Assessment 3 ESSENTIALS You MUST have visited and observed the venue Analyse the same venue as that in Assessments 1 and 2 Academic sources, intext citations, and a Reference List Business Report Format – NOT an essay Plagiarism will attract strong penalties Assessment 3 ESSENTIALS Weighting: 50 per cent of Unit Due 11pm, Sunday 23 September 2018 Minimum 2,500 words plus/minus 10 per cent and EXCLUDES Cover Sheet Table of Contents References Appendices Assessment 3 REPORT STRUCTURE Table of Contents Executive Summary Introduction The notion of Risk Venue Risk Analysis Conclusion Recommendations References Appendix (ices) [if relevant] Assessment 3 EXECUTIVE SUMMARY Critical Part of the Report Succinctly summarises the venue, risk, risk analysis, conclusion, recommendations in the report It is not the same as an Introduction Ideal length: 5 to 8 per cent of the total word count Assessment 3 KEY PARTS The notion of Risk: 1,250 words Critically evaluate the concept of “Risk”. What is it? What is subject to risk in hospitality sector? Why is it considered essential for a hospitality business to implement a risk management process?   Venue Risk Analysis 1,250 words This section requires you to demonstrate your understanding of how to practically apply a risk management process by conducting a risk assessment of your venue. Conclusion Recommendations Appendix (ices) [if relevant] Assessment 3: VENUE RISK ANALYSIS MUST CREATE a Venue Risk Analysis Form Fully complete with clear key/legend and explanation Tailor the VRA to your venue – be specific A generic or industry template is unsatisfactory Copy from a current or past student is Academic Misconduct There are two critical components to the second section; A Risk Ranking System – this is the “how” risks will be assessed. A Venue Risk Analysis (VRA) form – a tool to measure risk that is unique to your venue   A suggested template – WHICH NEEDS TO BE MODIFIED – is available under WEEK 10 ASSESSMENT 3 GUIDELINES Assessment 3: VENUE RISK ANALYSIS Assessment 3: VENUE RISK ANALYSIS Arising from the VRA is to provide recommendations to management about that are succinct, yet provide enough details for management to act. Devise a risk summary sheet for your venue, administer this, and provide an overview of the analysis of your venue in terms of priority areas for action. Provide constructive recommendations, supported with evidence, which can be acted upon by the venue’s management team. Assessment 3: REFERENCES References (List) in alphabetical order by surname Only list those References cited intext Accurate and consistent use of SCU Harvard No need to number entries or put in bullet points False Reference List will attract strong penalties Assessment 3: WHAT YOU NEED TO DO Explain how and why risk assessment tools are employed by the hospitality industry Clearly explain how a risk assessment policy will benefit your chosen venue. Focus on how the key issue of 'risk’ relates to the hospitality industry. Discuss risk under appropriate sub-headings, e.g. physical, non-physical, WHS, Financial, Cyber Security, Human Resources, Corporate Reputation Chose one part of the venue Assessment 3: WHAT YOU NEED TO DO Include Venue Risk Analysis (VRA) Use scholarly and academic sources to support your writing and assessment Include accurate citations and a Reference List using Harvard Recommendations that align with the VRA Form Assessment 3 LATE & EXTENSIONS Late penalties apply @ 5 per cent per day: Papers submitted after 10 days (late) cannot be marked i.e. receive 0. Any applications for an extension i.e. Special Consideration must have verifiable documentation/evidence – apply online through SCU https://www.scu.edu.au/current-students/student-administration/special-consideration/ Work, other assessments etc are not valid reasons for an extensions MNG10723 Hospitality History Politics and Culture Assessment 3 Report Student Name Excellent Very Good Good Average Poor Comments HD D C P F Quality of 7 Excellent Very good Good written Adequate Poor written written grammar and grammar and expression. written expression. expression and written written Some expression, A lot of report expression. expression. grammar and Grammar and grammar and presentation, Meets word Meets word spelling spelling spelling Quality of written count count mistakes. Plus mistakes. Plus mistakes expression, Report Report or minus 10% or minus 20% Report grammar, spelling format with format with of word count of word count format not and Word Count. all parts very all parts well Report format Uses report used or parts Report format well done. done with all parts format with all missing given and parts given adequately but some not done. adequately done. Content and 12 Excellent Very good Good Fair Poor Reasoning discussion of discussion of discussion of discussion of discussion of the concept the concept the concept of the concept of the concept of home and of home and home and its home and its of home and its use by its use by use by use by its use by commercial commercial commercial commercial commercial operators operators operators operators operators supported supported supported with supported with supported with with appropriate appropriate with appropriate appropriate references references appropriate references references references Recommendations 15 Excellent Very Good Good Some basic Poor recommenda recommenda recommendati recommendati recommenda tions as to tions as to ons as to how ons as to how tion as to how your how your your your how your organization organization organization organization organization can use the can use the can use the can use the can use the concept of concept of concept of concept of concept of Home Home Home Home Home Research 8 More than 6 4-6 3-4Academic 2-3 Academic Less than 2 Evidence of Academic Academic references references Academic adequate depth references references given and given and references and breadth of used and given and industry industry research. industry industry sources used sources used sources sources used Referencing 3 Excellent, Very good, Good, uses Adequate, Poor Referencing: consistently uses standard some citations referencing Harvard style, uses correct standard referencing incomplete or technique, correct intext referencing referencing format most of mistakes in several referencing, format intext format the time format mistakes correct and LOR presentation of LOR Mark:Grade:Marker: Comments:
Answered Same DaySep 26, 2020MNG10723Southern Cross University

Answer To: PowerPoint Presentation Facility and Risk Management for Hospitality Operations Assessment 3...

Karan answered on Sep 30 2020
155 Votes
Hospitality History Politics and Culture Assessment
Executive summary
The process of risk assessment has become critical for the success and growth of companies. In the modern era, different types of risks and hazards are encountered by businesses and it is important to carry out assessment of the same in every possible manner. The company selected in the present study is Airbnb which is a hospitality service provider across different destinations in the world. The process of risk asses
sment is vital as it support businesses in identifying the risks and taking measures to control.
Adequate measures of workers health and safety are required to be taken by businesses to deal with hazards and risks at workplace. Considering the case of Airbnb, it has been identified that firefighting equipment are not visible and emergency procedures are not displayed and these are the two major risks which have been identified. It is suggested that the management of Airbnb should now focus on documentation and reporting of the risks along with control measures.
TABLE OF CONTENTS
Executive summary    2
Introduction    4
The notion of risk    4
The concept of risk    4
Risks associated in the hospitality sector    4
Risk assessment tools    5
Benefits of risk assessment policy    6
Importance of implementing risk management process    6
The venue risk analysis    6
Conducting risk assessment of the venue    6
Risk ranking system    7
Venue risk analysis form (VRA)    7
Risk summary sheet    9
Conclusion    9
Recommendations to the management    9
References    10
Introduction
In this globalised world, businesses must carry out an adequate risk assessment plan at the regular intervals especially the companies that work in the hospitality sector. The objective of the same should be to identify the significant risks and to take corrective decisions (Li, 2014). The present study outlines the definition of risk assessment within the hospitality sector. The company selected for the same is Airbnb; it operates online hospitality services and works as a broker. Moreover, the notion of risk and venue risk analysis (VRA) of the chosen company has been discussed in the report.
The notion of risk
The concept of risk
According to Aven (2016), the risk assessment within the hospitality industry can be referred as the chances of achieving small profits or even deprivation in earnings because of uncertain activities and events (Aven, 2016). However, risk assessment is said to be an integral part of an organisation’s health and safety management plan. It has been affirmed by Sadgrove (2016), that carrying out the risk management in a firm helps in creating awareness of hazards and risks. In the current hospitality world, implementation and development of essential risk management plan are crucial as it helps the hospitality companies to mitigate and identify risks in the best possible manner. However, it has been mentioned by Mason (2015), that it is significant for the hospitality industry and businesses to implement risk assessment plan as it supports in carrying out the smooth flow of all activities and operations in order to survive in the long-run (Mason, 2015).
Risks associated in the hospitality sector
In this competitive scenario, it is utterly strict for the hospitality businesses to operate as there are broad ranges of risks associated while running a hospitality business. It has been identified by McClaran (2014), that risks associated with the hospitality sector could damage as well as diminish the bottom line of the venture (McClaran, 2014).
There are many external factors associated with the hospitality sector that can have severe consequences in the entire business of the cited online services. One of the primary risks associated with the same is visa regulations. A number of tourists have issues with their visa which needs to be checked by the hospitality provider. It has been argued by Hillson and Murray-Webster (2017), that most of the external risks are beyond the control of the hospitality business owners as well as employees.
It has been argued by Hopkin (2018), in order to avoid the same the businesses should develop a privacy policy that states the inclusive and exclusive details regarding the risks associated with travel and the factors which the company is responsible for (Hopkin 2018). Another risk associated with the hospitality sector is the protection of the client’s or customer’s data. Cyber security is a big concern for all the hospitality businesses in this era. Hotels and tourism website such as Airbnb collects a lot of personal data about the customer such as their account details, contact information, visa and passport features which are at the peak among the risk factors. In addition to this, guest requirements and behaviour is another pervasive challenge that every hospitality industry faces while encountering a guest. It has been argued by Bowers and...
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