TYPES OF CONTROL IN AN ORGANIZATION Learning Objectives • Define organizational control‚ and describe the four steps of the control process. • Identify the main output controls‚ and discuss their advantages and disadvantages as means of coordinating and motivating employees. • Identify the main behavior controls‚ and discuss their advantages and disadvantages as means of coordinating and motivating employees. • Discuss the relationship between organizational control and change‚ and explain why
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Strategic control systems are the formal target-setting‚ measurement‚ and the feedback systems that allow strategic managers to evaluate whether a company is achieving superior efficiency‚ quality‚ innovation‚ and customer responsiveness and implementing its strategy successfully. An effective control system should three characteristics. It should be flexible enough to allow managers to respond as necessary to unexpected events; it should provide accurate information‚ thus giving a true picture of
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Load frequency control (LFC) or Automatic generation control (AGC) is an emerging issue in electric power systems. The objective is to maintain the system frequency and the power exchange between the areas within specified limits‚ irrespective of sudden change in load. The prime mover governing system provides a means of controlling power and frequency; and this function commonly called Load Frequency Control or Automatic Generation Control. The automatic load frequency control (ALFC) loop regulates
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budgeting system is control. Control periodically takes actual results and budgeted results and compares the two. It also allows for managers to frequently measure their performance from reports by providing performance evaluations. The master budget can be separated into operating and financial budgets‚ each made up of distinctly supporting schedules. Implementing budgets enables managers to create a formulated plan that allows for performance evaluation and improved control. Control involves the
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Clearly define the term control in the context of an organization. Give examples and lucid explanation of the various types of control that can be used by a Manager. Why is the control function so very important to the effectiveness and efficiency of an organization? According to Robbins & Coulter‚ “control refers to the process of monitoring‚ comparing and correcting work performances.” The control process is a three step process of measuring actual performance‚ comparing actual performance
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Control Freak A Control Freak is one who has an obsessive need to exert control over people and situations; a person with an obsessive need to be in control of what is happening. I am a control freak‚ I know I am; I admit that I’m a control freak. It isn’t something that I try to do nor want to do; it’s just part of who I am. I didn’t wake up one day and decide to be controlling. Things affected me in my life to put me in this position. A lot of things determined my need to control. I was born
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MANAGEMENT CONTROL SYSTEM GROUP TASK SUMMARY Controls for Differentiated Strategies PRESENTED BY FINA ELWASISTE 0910534030 M. ALVICKY SATYWARDANA 1210534006 MUHAMMAD IRVAN ADHA 1210534022 INTERNATIONAL ACCCOUNTING 2014 Controls for Differentiated Strategies Focus of chapter is Contingency Theory: A specific structure and process for an organization depends upon various external and internal factors. Research studies have identified important factors that influence control system
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THE ROLE OF ACCOUNTING IN ORGANIZATIONAL CONTROL By: Abdur Rehman (IIUI) Table of Contents Introduction 3 Accounting 4 Key Theories in Organizational Control 6 * Key Theories 8 Role of Accounting in Organization’s Control 10 * Working of Control Theory at Workplace 12 Conclusion 13 References 14 online sources 15 Introduction Accounting is the gathering and compilation of information for decision makers – including investors
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Case Study 2 – Internal Control 1. Inform the President of any new internal control requirements if the company decides to go public. As per the accident that happened in the company about some employees was viewing pornography on company computer and he had a hard time to get his employees admitted that they were the one who doing it. He should use limit access by individual passwords for each person to log in the computer systems. To make sure that which person was log on in the computer and
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development and structure of management control systems. It categorizes the literature by topic: meaning of MCS‚ outcomes of MCS‚ and contextual variables including external environment‚ technology‚ organizational structure‚ size‚ strategy‚ and national culture. The paper provides a thorough review of studies that examine these topics. Additionally‚ Chenhall provides recommendations for future research. The study limits its focus to contingency-based theories developed from a functionalist perspective
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