Complete the following for this assignment:
- Create a strategic guide for your management employees identifying and explaining the different labor cost principles.
- Explain the challenges in determining labor costs, and provide solutions on how to manage those challenges.
- Create a labor schedule template to include in your guide.
- Explain service labor ratios and what practices management should use to evaluate labors costs.
Your assignment should be between 600–800 words, double-spaced, in 12-pt. Times New Roman font, with 1-inch margins. There should be limited spelling and grammatical errors.
You must incorporate at least 1 outside resource with proper APA citations. Please cite your resources for information used for this assignment.