During week four, Team B has picked an organization which will be researched
and address the following as related to the organization: Identify four types of control
mechanisms used in the selected organization, Compare and contrast the control
mechanisms that Team B identified, Determine the effectiveness of these control
mechanisms, Examine the positive and negative reactions to the use of the controls,
explain how these controls impact the four functions of management.
Sexy, Glamorous, Innovative are three words to describe Victoria’s Secret (Limited
Brands, 2008). Team has chosen Victoria’s Secret as the organization to research for
assignment due in week five. Victoria’s Secret is the leading specialty retailer for lingerie
and beauty products, knocking down competitors with their modern, fashion-inspired
collections, prestige fragrances and cosmetics, supermodels and world famous fashion
shows. Victoria’s Secret has its own ways to make sure the business is run the way it
should be (Limited Brands, 2008).
Daily stat reports, weekly conference calls,
employee’s reviews and inventory (K. Rogers, personal
communication, January 28, 2009).
Everyday, each manager can see how his or her own store and every store have
done in the district. With these stat reports given daily, helps let the stores know if what
they have done the day before works, if not then a change has got to be done. When
numbers are not met, then conference calls, which are done weekly, can be very
horrifying for the store manager to be on.