Discuss the Four Steps of the "Control Process" That Managers

question 96

Essay

Discuss the four steps of the "control process" that managers use within organizations.Give a specific business example of each of these steps in a business decision situation.

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Definitions:

Forge

To form or shape metal objects by heating and hammering, or to create or produce something with skill and careful attention.

For Deposit Only

An endorsement on a check specifying that the check must be deposited into an account and cannot be cashed directly.

Negotiation

The process of discussing things with others to reach an agreement, compromise, or settlement.

Order

An authoritative command, direction, or instruction, typically issued by a court or by someone in a position of power.