Cooking and the Books: A Guide to Restaurant Accounting

The restaurant industry is known for particularly low profit margins; this project aims to understand where restaurants spend money and how expenses can be allocated for in this fast-paced environment. Through research of various cost accounting methods and the adaptability of those methods to restaurant culture, activity based costing (ABC) provided the most useful data for the restaurant. This project focuses on small business restaurants, specifically those that serve pizza. The backbone of experimentation for applying these accounting processes is a local pizza restaurant, in which the managers are unaware of how food cost and operating expenses could be combined to provide meaningful cost information. This study analyzes the process of implementing ABC in this restaurant to ultimately contribute to the formation of a deliverable. The product of this process is a guide which will walk restaurant owners through the application of ABC. This research and application process is intended to demonstrate to restaurant owners the purpose and ease of understanding the expenses of the business

Mapping Transitions towards Sustainable Consumption : Latitudes, Legends and Declinations in the Interaction between Consumers Culture and Sustainable Business Models

This paper seeks to chart “a navigation route“ towards sustainable consumption. We draw on data collected in research on consumers’ response to integrated products and services bundles conceptualized in design literature as Product Service Systems (PSS). PSS is of interest as it offers potential social and environmental benefits. Such services- based sustainable consumption practices have been neglected by consumer researchers. Methodological approaches to sustainable consumption favoured by policy makers focus research and interventions on individual consumer behaviour, but these have very limited success. Consumer practices, and the role that Government and other institutions play, are a more appropriate conceptual framework to explicate sustainable consumption. However, this Practice Theory approach is not sufficient either; the best solution might be a combination of this with an understanding of the individual value pursued by consumers. We extend Shove (2010)’s contention that adoption of sustainable consumption practices can only be explained with socio-cultural approaches; we propose that a combination of this perspective with an understanding of the value expected by individual consumers, is a more suitable approach than either behavioural paradigms or practices on their own to map these adoption mechanisms.Non peer reviewe

A Role for Management Accountants in Best Practice Benchmarking

Best practice benchmarking (benchmarking for short) generally refers to the pursuit by organisations of enhanced performance by learning from the successful practices of others. Comparisons of processes which contribute to strategic success are made with other parts of the same organisation; competitors; or organisations operating comparable processes in a context which is in some way relevant. Benchmarking continues to grow in popularity in both private and public sector organisations – but does it always produce the desired outcomes? Although spectacular gains from benchmarking are claimed particularly in practitioner literature, there is also growing evidence of disappointment with the effectiveness of benchmarking. It can be very time consuming to undertake and manage, and ensuring that sharing information with competitors is to the mutual advantage of partner organisations is difficult. With this in mind, it is important to recognise that management accountants play pivotal roles at organisational interfaces and therefore could play a (more) significant part in successful benchmarking activities. This paper will report on an ongoing research project at the Open University Business School, funded by the Chartered Institute of Management Accountants, aimed at understanding, in depth, the processes which are undertaken by Management Accountants, in the name of benchmarking. The project team are using postal questionnaires and case studies to identify the features of successful benchmarking practice, and the characteristics of benchmarking organisations or benchmarking processes which are considered to be problematic. This research centres on an extensive survey of Management Accountants. This research has begun to identify the contribution which Management Accountants can make to successful benchmarking and the factors which have led organisations to abandon benchmarking activities. This study is also facilitating better understanding of the relationship between organisational size and level of benchmarking activity, the impact of benchmarking clubs, and the perceived costs and benefits of benchmarking to stakeholders. The final phase 3 of this research will focus on providing innovative ways to make the findings available to management accounting practitioners

Economic Valuation of On Site Material Damages of High Water on Economic Activities based in the City of Venice: Results from a Dose-Response-Expert-Based Valuation Approach

The paper focuses on the economic assessment of damages caused by high water in the city of Venice. In particular, we focus our attention on a valuation exercise that addresses the estimation of monetary, short period, on-site damages due to high water events on the different business activities located in Venice. On-site damages include both mitigation costs, which refer to all types of financial expenditure undergone to avert physical and material damages caused by flooding, and remediation costs, i.e. costs to be sustained for maintenance and substitution of affected building elements. Hence, the present study can be considered as a pioneering attempt to analytically quantify, from an economic point of view, on-site damages from high water. An integrated dose-response modelling and an expert-based valuation approach have been selected as the most suitable economic valuation methodology to shed light on the on-site damages. The main focus of the work is to assess dose-response relationships, which are able to describe the physical effects of high water on the different on-site damage categories, including inner and front doors maintenance, cleaning of pavements and maintenance of the walls. Bearing in mind such an economic valuation framework, we proceed with the estimation of on-site damages not only for the present high water situation (business as usual) but also extend the valuation exercise to three additional high water scenarios: (1) a climate change scenario; (2) a high water protection scenario; and, (3) a combined climate change and protection scenario. Estimation results show that the welfare loss due to on-site, short-term damages supported by the business activities ranges from 3.41 to 4.73 million Euro per year, respectively for the business as usual and climate change scenarios. Finally, we can conclude that the introduction of a public policy protection mechanism that defends the city of Venice from any flooding above 110 cm above the Punta della Salute Tidal Datum, such as the MOSE, will reduce the on-site damages supported by the business activities up to 2.87 million Euro per year.High water damages, Venice, Economic valuation

Bridging the gap between police and citizens: what we know, what we've done, and what can be done

Master's Project (M.A.) University of Alaska Fairbanks, 2017There is a long history of distrust between police and citizens and there have been no meaningful and sustained steps to correct this situation. Death and injuries are sustained by citizens and police, but still there has not been a real attempt to prevent this occurring because there is no trust between police and citizens and this lack of trust has created a rift or gap between police and citizens and this projects aim is to address the gap. Research into what causing damage and finding a way to repair the damaged relationship between police and citizens by way of finding approaches that tend to lead to trust between groups of people. Communication, a better ethics base for police, training and education, restorative justice, media, and the studying of social theories will help find a way to repair the damage. A collaboration of all of the aforementioned categories will tend to help bridge the gap between police and citizens. It is believed that by addressing the issues and the roots of the problems between police and citizens, a new relationship built on trust will emerge. By having a more trusting relationship there will be less harm caused to police and citizens

The Faculty Notebook, September 1999

The Faculty Notebook is published periodically by the Office of the Provost at Gettysburg College to bring to the attention of the campus community accomplishments and activities of academic interest. Faculty are encouraged to submit materials for consideration for publication to the Associate Provost for Faculty Development. Copies of this publication are available at the Office of the Provost

What’s behind the ag-data logo? An examination of voluntary agricultural-data codes of practice

In this article, we analyse agricultural data (ag-data) codes of practice. After the introduction, Part II examines the emergence of ag-data codes of practice and provides two case studies—the American Farm Bureau’s Privacy and Security Principles for Farm Data and New Zealand’s Farm Data Code of Practice—that illustrate that the ultimate aims of ag-data codes of practice are inextricably linked to consent, disclosure, transparency and, ultimately, the building of trust. Part III highlights the commonalities and challenges of ag-data codes of practice. In Part IV several concluding observations are made. Most notably, while ag-data codes of practice may help change practices and convert complex details about ag-data contracts into something tangible, understandable and useable, it is important for agricultural industries to not hastily or uncritically accept or adopt ag-data codes of practice. There needs to be clear objectives, and a clear direction in which stakeholders want to take ag-data practices. In other words, stakeholders need to be sure about what they are trying, and able, to achieve with ag-data codes of practice. Ag-data codes of practice need credible administration, accreditation and monitoring. There also needs to be a way of reviewing and evaluating the codes in a more meaningful way than simple metrics such as the number of members: for example, we need to know something about whether the codes raise awareness and education around data practices, and, perhaps most importantly, whether they encourage changes in attitudes and behaviours around the access to and use of ag-data