EBK M: MANAGEMENT
5th Edition
ISBN: 9781259900310
Author: BATEMAN
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 14, Problem 1LO
Summary Introduction
To discuss: The reasons on companies develop
Expert Solution & Answer
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.
Want to see more full solutions like this?
Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Discuss why control is important to institutions?
What is the market for corporate control?
Explain the characteristics management control systems must have.
Chapter 14 Solutions
EBK M: MANAGEMENT
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- How does the desire for personal control affect managers, and how can they balance it with organizational control systems?arrow_forwardDistinguish between cybernetic and noncybernetic control and between pre, concurrent, and postaction control sytems.arrow_forwardWhat is the objective of the company in having a strong and effective internal control system?arrow_forward
- 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?arrow_forwardDefine control as a managerial function? Why do you suggest managers to ensure control im their respective Organizations?arrow_forwardDiscuss the purpose and procedures related to internal control.arrow_forward
- Explain controlling as management function along with the control processarrow_forwardWhen 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).arrow_forwardDistinguish between cybernetic control and post control models.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you