Management & Hospitality

Part 1:

The restaurant manager has a lot of responsibilities from hiring and training to active shift management and also making sure that profits are maintained.

A fine dining steak house manager finds out that her food cost percentage has increased over the past three months from 32% to 35% then to 41% of sales. The guideline specify that cost of food percentage must remain in the 32-34% range.

What would you advise the manager to do? What does she have to looks for? In 3-4 paragraphs identify three areas of concern that could be affecting the sudden increase in food costs

Part 2:

For this you will develop A personal mission statement, which is similar to a corporate mission statement: it describes your convictions, what you stand for, and how you plan to create a life that embodies your values. Once you write your mission statement you are to identify a S.M.A.R.T career goal. Include your objectives to accomplish this goal.

(Each student go with their major for this one) – Here it’s Health Care Administration

Assignment Format and Requirements:

· Cover Page

· APA format

· 1 source

· Reference page

· 12 Times New Roman Font

I. Personal Mission Statement:

Your personal mission statement will be a short statement, usually a sentence or two, that declares your intended purpose and path in life. It’s like a compass that helps you stay on track, heading in the direction you want to go. (

A useful website: https://msb.franklincovey.com/ (Links to an external site.)

II. Explain your career goal(s) in terms of the S.M.A.R.T Acronym:

SMART stands for Specific, Measurable, Attainable, Relevant, Timely

a. Specific – Aim for a specific, concrete area for your goal or steps. For example, “make ten job search calls following up on my LinkedIn connections” vs. “make some networking connections.”

b. Measurable – (help with assignment) To determine if your goal is measurable, ask questions such as: how much? How many? How will I know when it is accomplished?

c. Attainable – Goals are most attainable when steps are thought out clearly and allow enough time. How do you intend to accomplish your goal? Which actions follow on other actions? Is the goal realistic given where you’re starting from? It should be a challenge, but also achievable.

d. Relevant – A relevant goal is one that really matters to you and to the end result. Is it worthwhile? Is this the right time? Does your goal relate to other efforts or timelines? Does it require resources that are currently available?

e. Timely – A goal should be grounded within a defined time period, both for clarity and to give your action urgency. When do you want to begin? When do you want to complete each step?

III. Develop a plan to achieve your career goals using objectives. (This should be written in paragraph format)

MGMT 4311 Entr

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