Concept explainers
To Determine:
The meaning of control and to provide the six reasons that makes it necessary.
Introduction:
Any organization has some goals that are preset. It is against these goals that its performance is to be compared.

Answer to Problem 1UTC
Solution:
The process of comparing the performance of employees of an organization against predetermined goals is called control. It helps identify irregularities, work with complexities, reduce costs, result in better teamwork, identify new growth areas and to easily adjust to changes.
Explanation of Solution
Control – Any organization has its own set of goals that are predetermined. The process of identifying these goals of the organization and observing the performance of their employees and contrasting them to the goals in order to facilitate corrective measures as needed is called control.
There are several reasons why control is needed. Some of them are explained below:
- To identify irregularities – Some irregularities or issues like reduced productivity, employee turnover etc, can be watched and corrected by control, thereby increasing the efficiency of the employees.
- Work with complexities − With organization growth, the levels within the organization will also increase. This implies that the product lines and production lines increase to different levels. With control, managing these levels and coordinating between these complex levels can be handled in a better manner.
- Reduces costs – With control, the management can now compare against the standards set for a particular activity, and so this could help them cut costs wherever feasible and improve the productivity.
- Better team work − At each level of the organization, control varies. With control, the management can now delegate the decision making capabilities to the lower levels to a certain extent. This thereby results in more co-ordination amongst the employees within and across different levels in the organization and leads to improving the team work.
- Identify new openings − With time, the choices and preferences of the customers also keep varying and so does the cost of the materials. So the organizations can predict such new openings and areas for their development. Control facilitates organization to modify their paths to conquer the new openings and opportunities available for them.
- Easily adjust to changes − Organizations need to handle a lot of changes in terms of technology, finance, government rules and regulation, etc. Control helps organizations to cope up with the changes happening.
Hence, the meaning of control and the six reasons that makes it necessary for an organization have been discussed.
Want to see more full solutions like this?
Chapter 16 Solutions
MANAGEMENT:PRACTICAL INTRO. >SP INSTR<
- please provide a fully detailed Sourcing Strategy Discussing the strategies outlined in the course material your company can choose from and recommend with justification the strategy your company will adopt, and Supply Chain Management from the information provided in the course material, discuss how you will develop a global sourcing strategy for CaribGlow products. (identify and describe any THREE of the activities listed)for a skincare line based in Barbados. PLease include in-text citations and references within 2019-2025.arrow_forward| do not copy from another same ques answer,i need differe nt one. Task Description: One of the most important questions faced by business leaders in the strategic marketing process is a choice of timing to launch new product/technologies and enter new markets. There are two options: to be a pioneer or to be a follower. Both have advantages and risks, the relative success of each strategy depends on several factors, both internal and external. Tasks: Answer the following essay questions: 1. What are the advantages of being a pioneer and follower company? Provide examples of successful pioneer and follower companies. 2. What product life cycle strategies do successful pioneer and follower companies implement to increase growth and maintain a strong competitive advantage? Provide examples of companies to support statements made. Follow instruction: 1. Word: within 2500 word, not bellow 2400. 2. Give table, charts, diagrams, graphs and images should be properly cited and properly named.arrow_forwardHow can I fill the bullet points below to my strength? Strength: Received a scholarship to attend my University. Situation: Task: Action: Result:arrow_forward
- How can I fill the bullet points below to my strength? Strength: Made the Dean's List for three consecutive years. Situation: Task: Action: Result:arrow_forwardHow can I fill the bullet points below to my strength? Strength: Received University Grant: Situation: Task: Action: Result:arrow_forward"My List": How can I fill the bullet points below to my accomplishment? Accomplishment: First Generation College Student Situation: Task: Action: Result:arrow_forward
- Communication Tips (2015) Tactful bragging Respond to the question "So, what do you do?" How can you tactfully brag in your answer to this question as a senior in University majoring in Business Management? Use the three elements (listed below) when crafting your brag statement: Focus on results vs title Process vs job description Loop back to listener Example of an instructor's brag statement: "I help hundreds of students each semester to connect with one another, develop communication skills and prepare for upcoming interviews. Through improv games we explore presence, flexibility, and storytelling. How have your networking experiences on campus been so far?"arrow_forwardCan you analyse The key strengths and weaknesses of Toyota , the main opportunities and threats it faces and the extent to which it has a sustainable competitive advantage. It will really help me for my understanding! Thanks in advancearrow_forwardCould you explain and analyse the strategy for expanding across the world of Toyota in relation with the text Thanks in advance Pestle Framework 1. Political Factors Because of its global presence, Toyota is susceptible to a variety of international trade policies, like as tariffs and trade restrictions, which can have a considerable impact on the company's operations and profits. The United States automobile market might be disrupted, for example, by the imposition of tariffs on imports from countries such as Canada and Mexico. This would result in higher pricing for automobiles and a decrease in sales. 2. Economic Factors The purchasing power of consumers and the demand for automobiles are both influenced by economic factors such as the expansion of the global economy, exchange rates, and inflation. There is a correlation between economic downturns and decreasing automobile sales, which can influence Toyota's revenue. 3. Sociological Factors There have been substantial…arrow_forward
- Can you analyse the strategy that Toyota is using to expand across the world. Thanks in advancearrow_forwardCan you analyse the key strengths and weaknesses of Toyota's company , the main opportunities and threats it faces and the extent to which it has a sustainable competitive advantage. It will really help me with my understanding (SWOT analysis, VRIO framework). Thanks in advancearrow_forwardCan you analyse the key strengths and weaknesses of Toyota's company , the main opportunities and threats it faces and the extent to which it has a sustainable competitive advantage. (SWOT analysis, VRIO framework). Thanks in advancearrow_forward
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON





