Part a: Dorquay Hotel

1. Calculating the budgeted room revenue for each three months:

2. Discussing how the management of Dorquay Hotel could have estimated the occupancy rate:

From the evaluation it could be identified that Dorquay Hotel estimates a period of high demand with no demands in subsequent months. Moreover, the company directly allows longer duration stay while neglecting the short duration stage that is needed by customers. This eventually allowed the organisation to maintain the relevant occupancy rate in slow season. The relevant decline and occupancy rate would be seen from December to January, which was more or less 10%. Decline in occupancy rate directly indicates the overall increment in room charges that has been implemented by the organisation in November (Francis et al., 2015). The occupancy rate has mainly declined due to increment in room rent, which is directly reducing demand from potential customers.

1. Depicting whether Mr Smith should take the trip and outline any ethical concerns involved:

From the evaluation of overall case study it it advisable that Mr Smith should n ot take the trip to Los Angeles with his family, as it issss unethical activity. The family trip sponsorship that will be conducted by AnitahLoh is mainly unethical, as she is the sales representative of Dogto Ltd who is trying to sell their software. Moreover, taking the family trip would eventually result in dishonest behaviour in part of Mr Smith, which could increase unethical behaviour in workplace. The inheritance risk is mainly identified as the overall ethical concern involved in the case. This gift is mainly provided as a gift to Mr Smith who would chose the software packages of the company and makes unethical decision (Collier, 2015).

2. Depicting the significance and limitations of Practical Solution Ltd of having employee code of conduct and stating the measures that needs to be included in such code of conduct:

Creation of employee code of conduct is one of the significant endeavours that need to be conducted by organisation. This employee code could eventually help in outlining the overall acceptable behaviour that needs to be conducted by employees of the organisation. The main significance of using the code of conduct for employees is that it increases professionalism in the organisation, while the major drawback is the limitations of the employee code of conduct, as it would not address all the situations (Francis et al., 2015).

With the help of employee code of conduct the overall organisation are mainly able to bear relevant community that directly affect activities of the company. The overall employee code mainly helps in developing the business conduct policy, which directly affect customer base of the organisation. Moreover, with the help of employee code of conduct both private and public interest could be served. However, there are disadvantages of employee code of conduct, as massive scandal could be been, which is been conducted by companies. Therefore, it is estimated that code of conduct does not allow the organization to reduce unethical measures in the company.

The relevant recommendation of producing 35,000 units needs to be produced for achieving the overall profits level of 2015 in 2016.

References

Collier, P. M. (2015). Accounting for managers: Interpreting accounting information for decision making. John Wiley & Sons.

Francis, B., Hasan, I., Park, J. C., & Wu, Q. (2015). Gender differences in financial reporting decision making: Evidence from accounting conservatism. Contemporary Accounting Research, 32(3), 1285-1318.

Hrasky, S., & Jones, M. (2016, December). Lake Pedder: Accounting, environmental decision-making, nature and impression management. In Accounting Forum (Vol. 40, No. 4, pp. 285-299). Elsevier.

Palmer, P., Pournara, M., Espinosa, D. I., & Palmer, H. (2014). Decision making and the national intelligence model: No accounting for decision bias. Australasian Policing, 6(2), 2.

Pettigrew, A. M. (2014). The politics of organizational decision-making. Routledge.