There are many occasions for which banquets are appropriate. A banquet can be a great way to celebrate a variety of things including birthdays, an engagement or an anniversary. A banquet is just another term for a party that incorporates food, friends and family. Depending on the circumstances, banquets can be formal or casual. The mood of the banquet depends on the people involved and the event that is being celebrated. In high school it is common for school programs to hold banquets for students at the end of the school year. Students who are involved with athletic teams or music programs are allowed to have a banquet at the end of the year to celebrate their accomplishments and to thank them for their hard work. Office banquets can help boost company moral. Employees see banquets as the company saying thank you for their hard work.