How to restrict perticular functionalities from plugin.xml for "non-admin" users?

Hello,

I have to restrict some actions from "non-admin" users, according to my R&D i came to point that using privilege as Global.Licenses in metadata can work for me.
But i am not sure whether the code below is perfect solution or not.

<metadata>

     <privilege>Global.Licenses</privilege>

</metadata>

Thanks in advance