Radisson Water Garden Hotel, Dhaka

The Radisson Water Garden Hotel Dhaka was officially inaugurated by Begum Khaleda Zia, Honorable former Prime Minister, Government of People’s Republic of Bangladesh, at a ceremony held at the hotel.The hotel is located on Airport Road, Dhaka, just five kilometers from Zia International Airport and adjacent to the diplomatic area of the city and the emerging commercial centre of Gulshan, Baridhara and Banani.

Services Of Radisson:

Mainly, this is service based organization. Its main business is hotel and restaurant. But it has a different type in this area regarding its value and facilities. It has some extra ordinary services and facts that made it different from all the same classified hotel in Bangladesh. People, who enter into it, get a certain experience to observe the uniqueness of this hotel. Here are those things that made it very special mainly it’s service and facilities.

Room and Food:
Room Type Published rate

* Deluxe room. US$ 300.00 per room per night
* Atrium room. US$ 350.00 per room per night
* Club floor room. US$ 395.00 per room per night
* Executive suite. US$ 800.00 per room per night

Food facilities: This is the most impressive fact that is maintained very effective and efficient way. Here they maintain cross cultural differences very well.
There are three areas of food services. 1. in the lobby. 2. beside swimming pool. 3. Spice and rice.
Items: Bufe system. The journey. A de la curta

Spa & Health Club : Radisson Introducing world class SPA first time in Bangladesh.
• For 12 months Individual 94875 BDT
• Couple 161287 BDT

Swimming pool Service:
• Age Group: 6 to14 years
• Duration of each course : 5 weeks, 20 lesson.
• Durations of each lesson : 1 hour

Self-Imposed Budgets & Advantage of SIB

A budget that is prepared with the full cooperation and participation of managers at all levels. A participative budget is also known as a self-imposed budget.
Most companies do not rely exclusively upon self-imposed budgets in the sense that top managers usually initiate the budget process by issuing broad guidelines in terms of overall profits or sales.

Advantages of Self-Imposed Budgets:

1. Individuals at all levels of the organization are viewed as members of the team whose judgments are valued by top management.
2. Budget estimates prepared by front-line managers are often more accurate than estimates prepared by top managers.
3. Motivation is generally higher when individuals participate in setting their own goals than when the goals are imposed from above.
4. A manager who is not able to meet a budget imposed from above can claim that it was unrealistic. Self-imposed budgets eliminate this excuse.

The Basic Framework of Budgeting

A budget is a detailed quantitative plan for acquiring and using financial and other resources over a specified forthcoming time period.

► The act of preparing a budget is called budgeting.
► The use of budgets to control an organization’s activity is known as budgetary control.

Advantages of Budgeting:-

1. Define goal and objectives
2. Think about and plan for the future
3. Means of allocating resources
4. Uncover potential bottlenecks
5. Coordinate activities
6. Communicate plans

Human Factors in Budgeting:

► The success of budgeting depends upon three important factors:
► Top management must be enthusiastic and committed to the budget process.
► Top management must not use the budget to pressure employees or blame them when something goes wrong.
► Highly achievable budget targets are usually preferred when managers are rewarded based on meeting budget targets.

Human resource management training

There is a large amount of diversity in the duties and levels of responsibility that a human resources manager performs and this is precisely the reason why the educational background requirements of human resources management training varies considerably.

In filling entry-level jobs while recruiting from human resource management training institutes, many employers seek college graduates who have majored in human resources, personnel administration, or industrial and labor relations. Other employers look for college graduates with a technical or business background or a well-rounded liberal arts education.

Many colleges and universities in India today offer Human Resource Management Training programs leading to a degree in personnel, human resources, or labor relations. Some of the Indian colleges offer degree programs in Human Resource Management Training, and some others in development, or compensation and benefits of human resource.

Most prospective human resources specialists should take courses in compensation, recruitment, human resource training and development, and performance appraisal, as well as courses in principles of management, organizational structure, and industrial psychology.

Other relevant courses in this area include business administration, public administration, psychology, sociology, political science, economics, and statistics. Courses in labor law, collective bargaining, labor economics, labor history, and industrial psychology also provide a valuable background for the prospective human resource managers.

Accounting Ethics

Accounting ethics is primarily a field of applied ethics, the study of moral values and judgments as they apply to accountancy. It is an example of professional ethics. Ethics in accounting is of utmost importance to accounting professionals and those who rely on their services.

Pressures in accounting ethics:-

The ethical decision in accounting gets critical and crucial due to some pressures namely;

v Job pressure itself
v Client pressure
v Personal pressure
v Peer pressure
v Political pressure
v Time pressure and
v Any other technical pressure

So accountants and management should handle the ethical problems by applying their judgment and technical competence. Because doing the right thing and making the right decision is not always easy.

Importance of Accounting Ethics:

Ethics is very important in our business world. Ethics helps to the organization to how to apply the rules and the regulation. Ethics is very essential today’s business world and the organization. Without the practice of ethics whole company can be destroy.
In the field of accounting ethics help to create the honesty, sincerity, believe and the perfect result of the financial condition of the organization.
If the company practices ethics they can move or reach their ultimate goal and gain the success and prosperity.