Essay About Three Important Management Functions And Action Plan

What Are the Three Important Management Functions That Restaurant Managers Are Performing?
“What are the three important management functions that Restaurant Managers are performing? Explain each. Of these 3 management functions, where does Cost Control belong? Explain your answer.”The three important management functions that Restaurant Managers perform are planning, organizing, and controlling.In the first function which is planning, the manager creates an action plan. It may also be called as the preparatory step because this is where the manager starts to establish the objectives, the premises and some alternative plan that should be evaluated. Good planning leads to rationality in the organization and minimizes all possible uncertainties.Second, organizing is the step that synchronizes the human and financial resources.  It also determines how the manager will distribute resources and organize his/her employees according to the plan. The managers, then, start to identify the activities and classify the authority. In this function, they are able to define the role positions that are needed in making a good management. The last most important function is controlling where the manager must take necessary corrective actions to continue to work towards that goal. It verifies if all the things occurs in conformities according to the plan created. In this stage, it is when they ensure that all the things are effective and efficient and that all things go well according to the plan.I think Cost Control is not limited to just one part but all the parts that involves money, because without planning, we wont be able to know the resources we have. We wont be able to distribute well the money needed to be able to have a good outcome. We should also know how to organize our resources well and know if all things are beneficial to the management and if everything is for the good of it. Second, without controlling the expenses of the restaurant or the company, unforeseen circumstance like bankruptcy could happen. It is not beneficial and practical for them to spend more than what they are earning because High Expenses and Low Revenues lead to bankruptcy. Knowing and preparing well for the future expenditures could be helpful when you are in a tight budget so you can plan accordingly on which section you must focus on.