Jasper Golf Resort has a full-service hotel and three golf courses. The hotel, in addition to having over 100 hotel rooms, has two dining areas and a catering service for weddings and meetings. The hotel has a housekeeping staff and a repairs and maintenance group. In addition, there is a meetings coordinator with a technical staff to support meetings.
The golf courses have a superintendent that oversees a grounds and maintenance staff. Each course has a pro shop that includes apparel and golf supplies and a lunch counter. In addition, there is a golf cart center that provides carts to each course.
Classify the following responsibility centers as investment center, profit center or cost center.
|
Jasper Golf Resort |
Profit Center |
Hotel |
Profit center |
Golf Courses |
Cost Center |
House-keeping |
Cost Center |
Restaurants |
Profit center |
Weddings and meetings |
Investment center |
Grounds and maintenance |
Cost Center |
Carts |
Cost center |
ProShops |
Investment center |
Jasper Golf Resort has a full-service hotel and three golf courses. The hotel, in addition to...
And there was a buy-sell arrangement which laid out the
conditions under which either shareholder could buy out the other.
Paul knew that this offer would strengthen his financial
picture…but did he really want a partner?It was going to be a long
night.
read the case study above and answer this question
what would you do if you were Paul with regards to financing,
and why?
ntroductloh Paul McTaggart sat at his desk. Behind him, the computer screen flickered with...