Term
|
Definition
1. adapt to change 2. Limit the accumulation of error 3. minimize costs 4. cope with org. complexity |
|
|
Term
|
Definition
1. Strategic control 2. Structural control 3. Operations control 4. Financial control |
|
|
Term
| steps in control process? |
|
Definition
1. establish standards 2Measure performance 3. Compare performance against standards 4. Possible courses of action |
|
|
Term
| Forms of operations control? |
|
Definition
1. Preliminary 2. Screening 3.Postaction 4.Financial |
|
|
Term
| Forms of budgetary control? |
|
Definition
1.Financial budget (sources and uses of cash) 2. Operating budget (planned ops in Fin terms) 3. Nonmonetary budget (planned ops in nonfin terms) |
|
|
Term
| Other tools for financial control? |
|
Definition
1. Financial statements (profilr of some aspect of the orgs. fin circumstances) 2. Ratio analysis (calculation of one or more fin. ratios to aspect orgs. health) 3. Financial Audits (independent appraisal of orgs. accounting) |
|
|
Term
|
Definition
1. Bureaucratic control: formal and mechanistic structural arrangements 2. Decentralized control: informal and organic structural arrangements |
|
|
Term
|
Definition
| control aimed at ensuring that the org. is maintaining an effective alignment with its environment and moving toward achieving its strategic goals. |
|
|
Term
Characteristics of effective control? |
|
Definition
1. Integration with planning 2. Flexibility 3. Accuracy 4. Timeliness 5. Objectivity |
|
|
Term
|
Definition
1. Overcontrol 2. Inappropriate focus 3. Rewards for inefficiency 4. Too much accountability |
|
|
Term
| Overcoming resistance to control? |
|
Definition
1.Encourage employee participation 2. Develope verification procedures |
|
|
