10 Foundations of Control_2016.pptx | Financial Ratio | Investing

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Foundations of Control LEARNING OUTLINE Follow this Learning Outline as you read and study this chapter. What Is Control and Why Is It Important? Define control. Contrast the three approaches to designing control systems. Discuss the reasons why control is important. Explain the planning-controlling link. The Control Process Describe the three steps in the control process. Explain why what is measured is more critical than how it’s measured. Explain the th
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  Foundations of Control  L E A R N I N G O U T L I N E Follow this Learning Outline as you read and study this chapter. What Is Control and Why Is It Important?  Dfin !ontrol  Contrast th thr approa!hs to dsi#nin# !ontrol systms  Dis!uss th rasons $hy !ontrol is important  E%plain th plannin#&!ontrollin# lin' Th Control (ro!ss  Ds!ri) th thr stps in th !ontrol pro!ss  E%plain $hy $hat is masurd is mor !riti!al than ho$ it*s masurd  E%plain th thr !ourss of a!tion mana#rs !an ta' in !ontrollin#   L E A R N I N G O U T L I N E +!ont*d, Follow this Learning Outline as you read and study this chapter. Controllin# Or#ani-ational (rforman!  Dfin or#ani-ational prforman!  Ds!ri) th most fr.untly usd masurs of or#ani-ational prforman! Tools for Or#ani-ational (rforman!  Contrast fdfor$ard/ !on!urrnt/ and fd)a!' !ontrols  E%plain th typs of finan!ial and information !ontrols mana#rs !an us  Ds!ri) ho$ )alan!d s!or!ards and )n!hmar'in# ar usd in !ontrollin#   L E A R N I N G O U T L I N E +!ont*d, Follow this Learning Outline as you read and study this chapter. Contmporary Issus in Control  Ds!ri) ho$ mana#rs may ha0 to ad1ust !ontrols for !ross&!ultural diffrn!s  Dis!uss th typs of $or'pla! !on!rns mana#rs fa! and ho$ thy !an addrss thos !on!rns  E%plain $hy !ontrol is important to !ustomr intra!tions  Dis!uss $hat !orporat #o0rnan! is and ho$ it*s !han#in#
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