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Explain the reasoning for your prioritization

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Question - You are the manager of a company owned restaurant which is part of a national chain of restaurants. You have been in discussions with the company's accounting manager to determine the management reports that are available to you. The accounting manager indicates that they can provide monthly reporting to you on the following four areas:

A) efficiency data on your restaurant's labor cost.

B) customer satisfaction survey data on your restaurant location.

C) profitability data of the whole company.

D) profitability data of your restaurant.

Your company will charge your restaurant's budget for the reports you receive and you have a limited budget with many competing priorities.

1) Looking at each available report category identify the priority, most important to least important, you would place on that reporting.

2) Explain the reasoning for your prioritization above.

3) If you determine that you can only "afford" 3 of the 4 types of reports. Which three would you want and why?

Reference no: EM132640928

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