About This Chapter
Control as a Function of Management - Chapter Summary
The Control as a Function of Management chapter will help you review the various principles that make for effective managerial control. We'll cover topics like financial and organizational control as well other topics. By the end of this chapter you'll be able to:
- Explain the functional structure of an organization and analyze its advantages and disadvantages
- Understand methods of control as a function of management
- Identify the different types of organizational controls
- Utilize financial controls in organizations
- Identify different methods of budget control including top-down and zero-based techniques
You'll learn everything you need to know about control as a function of management for your exam. Expert instructors will walk you through this professional quality curriculum. Furthermore, our video-players are equipped with accurate transcripts and useful video tags that make it easier than ever to learn at your own pace and navigate through a lesson. At the end of each lesson is a self-assessment quiz which you can use to test your knowledge.
1. Functional Structure of an Organization: Advantages, Disadvantages & Example
A functional organizational structure is one of several reporting structures a company could implement. Read on to learn why a company might implement a functional structure and the advantages and disadvantages for both company and staff.
2. Controlling as a Function of Management
In this lesson, we will explore the role of controlling as a function of management and its use of various control mechanisms to reach organizational goals.
3. Organizational Controls: Feedforward, Concurrent & Feedback
In the business world, organizations constantly need to ensure that they're meeting the goals they've set for themselves. That's where the three types of organizational controls come in. Watch this lesson to learn about feedforward, concurrent and feedback controls.
4. Financial Controls in Organizations
Organizations have to deal with a lot of money. How do they keep it all straight? In this lesson, we're going to explore the concept of financial controls and see how these can be used to help organizations manage their resources.
5. Budget Controls: Top-Down, Bottom-Up, Zero-Based & Flexible Budgeting
In this lesson, we will explain the purpose of budget controls and explore several key related concepts including top-down budgeting, bottom-up budgeting, zero-based budgeting and flexible budgeting.
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Other chapters within the Business Communications: Help & Review course
- Business Communication Framework
- Spoken & Written Messages
- Preparing Written Messages
- Communicating Electronically
- Delivering Good & Neutral Tone Messages
- Delivering Bad News Messages
- Delivering Persuasive Messages
- Reporting Process & Research Methods of Business Communication
- Managing Data & Using Graphs in Business Communications
- Organizing & Preparing Reports & Proposals
- Designing & Delivering Business Presentations
- Preparing Job Applications
- Management Theory
- Organization in Business Management
- Motivation & Management Theories in Business
- Decision Making & Problem Solving Strategies
- Principles of Change Management
- Basic Financial Statements
- Inventory Cost & Valuation
- Fundamentals of Microeconomics
- Online Privacy & Security
- Understanding Enterprise Business Systems