How are leadership and control different? How are planning and control different? How are structure and control different? Are controls positive, negative, or both within a business, especially since controls are often audited or reviewed for their effectiveness by internal audit or regulatory bodies (explain)?
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How are leadership and control different? How are planning and control different? How are structure and control different? Are controls positive, negative, or both within a business, especially since controls are often audited or reviewed for their effectiveness by internal audit or regulatory bodies (explain)?
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- What is meant by management control systems? Provide an example that exemplifies the advantages of an effective control system. Discuss how a management control system can be used to measure organizational performance? In other words, discuss how the leaders and managers know they are heading in the right direction?Researchers have identified three important types of control systems adapted by various organizations namely the Bureaucratic Control, Market Control, and Clan Control. Discuss the pros and cons of Bureaucratic controls such as rules, procedures, and close supervision? Determine how effective is either Clan Control or Market Control as a control mechanism? Examine with illustrations and examples their possible strengths and limitations? When should a manager rely primarily on either Clan control or Market control?In a business setting, what exactly does "control" mean?
- When creating an internal control system, what do you believe to be the most important factors? Why? Consider all six dimensions of the regulatory categorization cube (intention, implementation, level).describe how different levels of control (the Operational control, Financial control, Structural control, and Strategic control) can function and help to run the business smoothly.How does managers' need for personal autonomy influence them, and how do they strike a balance between personal control and corporate control systems?
- Control systems are formal target-setting, monitoring, evaluation, and feedback systems that provide managers with information about whether the organization’s strategy and structure are working efficiently and effectively. For this assignment, you should select an organization such as a department store, restaurant, hospital, police department, or any other business, and analyze the control system(s) that is used. Your objective is to identify all the different ways in which managers monitor and evaluate the performance of the organization and employees. After selecting and researching an organization, answer the following questions: At what levels does control take place in this organization? Which output performance standards (e.g.: financial measures, organizational goals) do managers use most often to evaluate performance at each level? How important is behavior control in this organization? For example, how much of managers' time is spent directly supervising employees? How…What does control mean for a business? What do companies have to do to be in control?What are the FOUR broad goals of an organization's internal control system? What are the FOUR broad goals of an organization's internal control system?
- Discuss the five different control methods (bureaucratic control, objective control, normative control, concertive control, and self-control).What are the basic elements of Internal Control? Discuss each element.What are the Important needs of an effective control system in management? Explain in points.