Week 3

Week 3

On this week class, we cover two chapters of the subject which is chapter 2 and 3. Chapter 2 teach us to understand the different element in hospitality industry, the basic concept of profit and to perform a break-even analysis and understand the budget. It involve us to calculate more of the profit and the budget. On chapter 3, we learn to prepare an operating budget. operating budget is the budget that we need to calculate if we need to serve in an an event or serving a lot of people. all the cost that we use is the operating budget that we calculate.