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Showing posts with the label types of costs

food cost control

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food control cycle Control is a process by means which managers attempt to direct, regulate and restrain the actions of people in order to achieve desired goals. An obvious first step is to established goals for the enterprise. Probably the most common goal for all private enterprise is financial success, although this is by no means the only- range goal of business. Others might relate to preserving the environment, promoting better health among the population or etc. To achieve the goals, management must setup any number of sub goals compatible with its long-range plans. These tend to be more specific and usually more immediate in nature. For example, to achieve the goal of preserving the environment, it would be necessary to make rather immediate plans to process or dispose of waste materials in appropriate ways. Definition of cost control The process whereby manager attempt to regulate costs and guard against excessive costs in known as cost control. It is ongoing pr...