Educational Assessment # 3
This is a review of the class lecture on contracts. Answer all of the questions. Out of 10 marks.
Question A
– Should a meeting planner sign a supplier’s contract? Yes/No and explain your answer
Question B
– When reviewing a hotel’s bedroom attrition clause, what 2 items are typically excluded but a meeting planner should request be included in the calculation?
Question C
This is the estimated food and beverage spend for your client’s 1 day conference.
Hot Breakfast $25 per person
AM Coffee Break $10 per person
PM Coffee Break $15 per person
Reception Host Bar $15 per person
$65 per person x 40people = $2,600
You are currently in discussion with the Food and Beverage provider and reviewing the Food and Beverage Attrition clause. When calculating the Anticipated Food and Beverage Revenue, it was advised that a meeting planner consider a “Minimum but True” approach.
1. What does Minimum and True mean?
2. Using the Minimum but True approach, what adjustments would you suggest be done to this estimate?
Hot Breakfast $25 per person
AM Coffee Break $10 per person
PM Coffee Break $15 per person
Reception Host Bar $15 per person
$65 per person
Format
Download this document and type your answers directly on to this page. Point form answers are acceptable, just ensure they are descriptive enough to convey your complete thought.