Tag Archives | Organisational Control Process

Organizational Control Process: 5 Steps | Management

This article throws light upon the five important steps involved in organisational control process. The steps are: 1. Establishing Standards 2. Determining Performance Measurements 3. Measuring Performance 4. Comparing Performance against Standards and Analysing Deviations 5. Taking Corrective Action, if Needed. Step # 1. Establishing Standards: The first step in the control process is establishment of standards of performance. A [...]

By |2016-11-05T03:52:09+05:30November 5, 2016|Controlling|Comments Off on Organizational Control Process: 5 Steps | Management
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Functions of Organizational Control Process | Management

This article throws light upon the three important key functions of organisational control process. The functions are: 1. Financial Control 2. Inventory Control 3. Quality Control. Function # 1. Financial Control: Financial controls are important for various reasons. The most important reason is that financial data are the index of a firm's success and prestige. Financial results give a broad [...]

By |2016-11-05T03:52:08+05:30November 5, 2016|Controlling|Comments Off on Functions of Organizational Control Process | Management
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