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Management Principles Assignment

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Added on  2020-05-04

Management Principles Assignment

   Added on 2020-05-04

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Running head: MANAGEMENT PRINCIPLESManagement PrinciplesName of the StudentName of the UniversityAuthor’s Note
Management Principles Assignment_1
1MANAGEMENT PRINCIPLESTable of ContentsPart C: Controlling...........................................................................................................................2Introduction......................................................................................................................................2Types of Controls............................................................................................................................2Feedback..........................................................................................................................................2Nature of Feedback..........................................................................................................................3Preferred Feedback and Control......................................................................................................3Action Plan......................................................................................................................................4Conclusion.......................................................................................................................................4Bibliography....................................................................................................................................5
Management Principles Assignment_2
2MANAGEMENT PRINCIPLESPart C: ControllingIntroductionControlling refers to one of the crucial tools of management that helps the businessorganizations to measure their actual performance against the planned goals and objectives.Implementation of effective control system is a major factor for organizational success.Types of ControlsThree major types of controls can be seen in the organization; they are FeedforwardControl, Concurrent Control and Feedback Control1. In case of feedforward control, theorganizational issues are closely monitored so that timely prevention can be taken. In case ofconcurrent control, the ongoing business activities are monitored and adjusted in order to solvethe organizational problems. In case of feedback control, after gathering necessary informationabout organizational problems, they are evaluated to improve them.FeedbackOne of the major benefits of establishing the controlling system in organization is that itprovides the management with necessary feedbacks for solving the organizational performanceand other issues2. The control system in organizations provides constructive feedback to1Strauß, Erik, and Christina Zecher. "Management control systems: a review."Journal ofManagement Control23.4 (2013): 233-268.2Doyle, John C., Bruce A. Francis, and Allen R. Tannenbaum.Feedback control theory. CourierCorporation, 2013.
Management Principles Assignment_3

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