BUSINESS ADMINISTRATION Study Guide - Midterm Guide: Internal Audit, Organizational Culture, External Auditor

13 views6 pages

Document Summary

Control the process of assuring that organizational and managerial objectives are accomplished. It is concerned with ways of making things happen as they were planned to happen. Control process- involves setting standards, measuring actual performance, comparing actual performance to the standards and taking activities or objectives when necessary. Control technique a mechanism to help achieve the desired performance. It can be specifically designed for the activity being controlled. It may include: budgets, college entrance requirements, waiting lines at ticket stands, performance evaluation, and product quality controls. These are middle managers, who are concerned with department-level objectives, programs and budgets: operational control involves overseeing the implementation of operational plans, monitoring day-to-day results and taking corrective action when required. This is the responsibility of lower- level managers, who are concerned with schedules, budgets and rules. The following are the complete steps for an effective control system: determine areas of control.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers

Related Documents

Related Questions