Learning Team D Reflection Paper
In most businesses there is a top manager that is in charge of taking care of the overall assets for the owner. Various titles are bestowed upon these leaders from store managers to general managers. Yet, the end result is the same, and that is protecting the assets and the business from any and all liabilities. One very important role is how a manager identifies and protects the tangible property rights of an organization. In the retail business, training is provided to the manager to ensure that he or she understands how to handle and protect the tangible assets of an organization. With the home improvement giant, Home Depot, the company provides training for their managers, along with providing them with resources to perform their jobs effectively. One resource includes corporate help lines which ensure that if the manager has a question, the manager has someone to call (Home Depot, 2011). Tangible property items at Home Depot can range from the desks, chairs, registers, and the inventory, to the actual physical building. One specific way a manager can protect the tangible property is by phoning the police department to make them aware if an item is being stolen from the business. The hotel industry is much like the retail industry. In a hotel, a manager must be able to identify the various tangible property items such as beds, televisions, fitness equipment, pool, spa, microwaves, refrigerators, linen, terry cloth, banquet chairs, restaurant chairs, and restaurant equipment. As the general manager of a hotel one must protect both the hotel and the restaurant and meet the expectations of that brand. These expectations are measured by the brand performing inspections of these standards (Business Traveller, 2011). During these inspections the inspector walks guest rooms, public areas, and the restaurant. In these inspections the inspector is ensuring that the hotel and restaurant are...
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