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1. Two types of operating ratios are controllable expenses and occupation expenses. Controllable expenses are things like payroll, benefits, entertainment, and advertising. These expenses can be controlled by the manager of staff. Occupation expenses are less controllable, such as rent, utilities, franchise royalties, and depreciation. These expenses also depend on the part of the country the restaurant is in. Payroll will be higher in New York than it would be in a small town in Oklahoma. However, a meal cost would be much more expensive in New York than in a small town in Oklahoma. Payroll expenses should be based on the revenue the restaurant takes in, not because the servers are nice and should be paid more. If this happens, the restaurant may lose money. Each expense should be a ratio of gross sales. The type of restaurant should also be a factor in these ratios such as a coffee shop, fine dining, or a roadside diner.

2. Operating Ratios are fundamental in running a restaurant. I used to use that all the time while working as a manager in a fast-food restaurant. Taking readings every hour or two will show you where you are for the day and if you need to do anything that the restaurant makes money instead of losing money. Usually, it comes from telling staff to cook only a little food or reducing labor and working with less team than you need to work with. Still, you have to remember not to cut the same staff member every time because if getting them upset, they will start looking for another place to work.

3. All operating ratios are going to be repetitive and so we're going to be seeing them all the time So it will help us stay in line with business parameters that should reflect the sort of restaurant that we're managing. in other words you can go ahead and compare it to other successful similar restaurants of the same brand or same caliber and sense of a competition.

4. The advantage of sharing financial reports to employees would be When people understand how the firm is performing financially and how their efforts can improve it. Responsibility and motivation get improved significantly. An employee can come up with innovative ways to improve their performance and also the performance of the company. It gives them a sense of being stakeholders and makes them believe that they are part of a team. Job satisfaction also improves with that. According to this report, "managers should include proper control decisions into their marketing plan. Identity The results of this study help clarify the relationship between marketing control tools and administrative results and allow us to understand what the level of influence is that marketing" (Espinosa, Ortiz-Rendn et5 al., 2022). The disadvantages can be Information leaks are much rampant when financial information is disclosed to employees. This can further be leaked to competitors. The employees may feel anxious since the company might be at a loss. It may also lead to higher turnover trying to escape the uncertainty of a company at a disadvantage. Lack of understanding For many employees may be futile to provide financial information. The statement includes various elements and parts and someone who has less understanding of it would not be able to comprehend it. Hence extra training may be required for that. The decision to be agreed upon would depend on the industry. While in a close-knit company with few members and just starting, disclosing financial information can be better, but certainly not in big companies. If one option needs to be chosen it must be performed. This is due to the strategy having to be uniform. While people can be addressed about a few inputs on financial performance, the entire report or statement is not needed. Results must only be shared with the leaders of the company to ensure a consistent strategy.