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?
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What is meant by management
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- Explain the process of controlling in management. What are the key steps involved in the control process, and how does it contribute to organizational success?What are an organization's FOUR major goals for an internal control system? An organization's Internal Control should have FOUR main goals.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?
- 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…INFORMATION TECHNOLOGY FOR MANAGER BY GEORGE WALTER REYNOLDSWhat is the goal of an organization’s system of internal controls? Provide several examples of good internal controls and several examples of poor internal controls.What are the Important needs of an effective control system in management? Explain in points.
- Explain using appropriate examples the characteristics of a good Management Control System.explain what the importance of control as a management function is and identify and explain the areas of control the management team need to focus on.In 3-5 sentences answer the following 1. Why is controlling a very important management function? 2. Why is the establishment of performance objectives and standards an important step in the control process?
- 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).What is organizational control? Give a brief explanation and example for each of the six areas of organizational control from the framework of your current or recent past workplace.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)?