M: MANAGEMENT
M: MANAGEMENT
6th Edition
ISBN: 9781260923346
Author: BATEMAN
Publisher: McGraw Hil
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Chapter 14, Problem 1LO
Summary Introduction

To discuss: The reasons on companies develop control system.

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Explanation of Solution

The reasons on companies develop control system are as follows:

  • Market control: It includes the utilization of pricing components to manage activities in organizations just as they were economic transactions.
  • Bureaucratic control: It is the utilization of principles, guidelines, and formal ability to direct performances.
  • Clan control: It depends on the standards, values, shared objectives and faith among group individuals.

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