Business Control and Management Analysis

Running header: Business Control and Management 1
Business Control and Management
By [Name]
Institution

Business Control and Management 2
Contents
Introduction..........................................................................................................................3
Control.................................................................................................................................3
Control setting..................................................................................................................3
Why sleek motors should be concerned with the results for electric car.........................3
Standard Specifications.......................................................................................................4
Comparison between the actual and standard performance.............................................4
Deviation analysis from the standard for each metric......................................................4
Taking more control in electric car production................................................................5
Corrective Action: Total quality management in sleek motors...........................................6
Conclusion...........................................................................................................................6
References............................................................................................................................7

Business Control and Management 3
Introduction
A newly opened business organization needs proper management and control of its
operations. To facilitate, there have to be standards specifications that serve as guidelines to its
operations. They serve as points of comparison that help in business management and provide
direction.
Control
Control setting
Control setting in a business entails the processes and procedures that provide a guideline
for the operation of the business. It is one of the primary managerial functions in a business, and
it regulates and protects the business (Becker, Carlson, Edwards, & Spector, 2016). Control
setting is divided into three types; Embedded controls that provide standards for the production
of a certain commodity, the visual control which lets the personnel in charge see to it that things
are done in the right way(checklist) and procedural control which brings in an unrelated party in
the business to monitor its operation.
Why sleek motors should be concerned with the results for electric car
Running of the electrical – car business involves incurring some expenses, especially in
terms of capital, time, energy, and labor. The company makes a close follow-up, ensuring that
profits are made, and losses are minimized. More losses than profits can lead to business
shutdown (Kim, 2015).
The results ensure that the electric car business is operating within the set down
standards. Slights deviations from the margin of operation help the owner apply appropriate
strategies.