Thursday, May 9, 2019
CONTROLLINGOF CANADIAN TIRE Term Paper Example | Topics and Well Written Essays - 1250 words
CONTROLLINGOF CANADIAN get into - Term Paper Examplel ODonnell (1995) says, Control is checking current performance against predetermined standards contained in the plans with a view to ensure adequate progress and performance.Controlling as part of the management ensures that the constitution activities are carried out as planned and ensures that the resources are utilized effectively and efficiently while pickings any corrective action so as to achieve the overall brassal goals. Furthermore, every someone in the organization has an individual goal which mostly depends on the organizational performance so if the organization goal fails so is to the individuals. So to ensure that the individual goals are met, the overall organizational goals must be check overled for consistency. It also ensures that the organizational policies and rules are adhered to so as to improve the organizational trust, reputation, loyalty and growth from babyhood to maturity. As McBride & Hugh (1997) pu ts it.The company-Hamilton Tire and Garage Limited-stocked a small inventory of repair and replacement goods, including tires batteries, railway car fluids. Although automobile Industry was still in its infancy, the Billesses believed surging automobile sales at the Time indicated a aglow(predicate) future for their time. Later that year, in fact, Toronto hosted its first Closed car show, in which windshield wipers, automatic catechumen and other new car part were introduced. (p.56)The control process in Canadian Tire is not cybernetic, one that is self contained in its performance monitoring and correction capabilities, but it does follow similar principles. That is, background signal the objectives of the organization and standards that are feasible, taking measurement of the results and then comparing them with the set objectives or the standards and then takes sequester action. As Mockler (1970) points out the essential elements of the control process in his definition of co ntrol, he says. Management control is a systematic
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