Business Management Notes Chapter 6 Julia Underwood

Business Management Notes Chapter 6 Julia Underwood -...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Business’Management’Notes’Chapter’6’Julia’Underwood Controls’and’Control’Systems: -’ Controlling’is’the’process’of’measuring ’ performance’and’taking’action’to’ensure’ desired’results ’ One’of’the’four’management’functions ’ begins’with :’ A.’O bjectives’and’standard s’ B.’ Measures’actual’performance ’ C.’ Compares’results’with’objectives’and’standards D.’ Takes’corrective’action’as’needed I.’Control’Process’(4’Steps)’ A.’ Step’1: ’ Control’starts’with’objectives’and’standards -Output’standards’ measure’results’in’terms’of’quan tity,’quality,’cost’or’time. -’ Input’standards’ measure’the’work ’ efforts’that’go’into’the’ performance’task .’ B.’ Step’2: ’ Control’measures ’ actual’performance ’ -Agreed’upon’ standards’ -Accurate’and ’ timely’measurement ’ C.’Step’3:Control’compares’results’with’object
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 3

Business Management Notes Chapter 6 Julia Underwood -...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online