Business Economics and Statistics - BFI1043

Assessment 2: Practical skills assessment

Practical skills assessment - The primary objective of this evaluation is to determine the extent to which a student is &#34;observed&#34; to do a certain practical skill, method, or competency (or set of skills, techniques, or competencies). This evaluation will assist in determining how students apply their in-depth knowledge of the subject to real-world situations.

Practical  skills assessment

Assessment 1: Practice exam/test

Practice exam/test - The practice exam&#39;s objective is to evaluate students&#39; performance in an ungraded final grade. The practice test will help students make connections between what they are studying now and the challenges that the particular subject may present in real-world situations, in addition to keeping them engaged in the module&#39;s learning process.

Practice exam/test

Assessment 1: Written Assignment

Written Assignment

Assessment 2: Written Assignment

This module is designed to introduce students to the business context of the hotel industry, both globally and more specifically in India.
It will focus on some of the essential business skills that are required by managers in the hotel industry including basic data handling, market analysis and fundamentals of finance.
These skills will serve to underpin the curriculum in year 2, in particular Revenue Management, Marketing Management  and other modules where data handling methods are required.

Huddersfield Business School

https://library.hud.ac.uk/readinglists/

BFI1043 - Business Economics and Statistics

Business Economics and Statistics

Knowledge of the basic concepts of statistics and business economics in hotel management

Evaluate forecasting reports, which supports hotels in optimizing their revenue

Fundamental understanding of statistics and business economics in the hotel industry

Knowledge of the statistical data produced by hotel operations in major business reports

Knowledge of business economics principles pertinent to the hotel industry

Analyse the underpinnings of hotel economics and applications of statistics in a global context

Apply fundamental statistical techniques to make appropriate decisions