Please enable JavaScript.
Coggle requires JavaScript to display documents.
Chapter 14 Foundations of Control (Discuss the types of controls…
Chapter 14 Foundations of Control
Explain the nature and importance of control.
Planning
Empowering employees
Protecting the workplace
Describe the three steps in the control process.
Range of variation
Correct actual performance
Revise the standards
Do nothing
MBWA
Discuss the types of controls organizations and managers use.
Input
Feedforward control
Processes
Concurrent control
Output
Feedback control
Ratio analysis
Budget analysis
Discuss contemporary issues in control.
Employee theft