Understanding Control in Business Administration
Definition of Control
Control in business administration is the administrative process element recorded in the information that results from the implementation of plans, programs, and budgets for assessing compliance with established objectives.
Importance of Control
Control is important because:
- It establishes measures to correct activities to achieve the successful execution of the plan.
- It applies to everything: things, people, and events.
- It determines and analyzes the causes of deviations rapidly
Organizational Theory and Communication Processes
Organizational Theory: Key Figures and Concepts
Taylor: Scientific Management
Taylor advocated for scientific organization of work, separating mental and physical labor. His work study involved three steps:
- Choose the best method of work.
- Study labor movements and elementary time.
- Determine standard working hours.
Taylor’s principles also included:
- Scientific selection of workers based on talent.
- Incentive systems to motivate workers.
Critique: Taylorism was criticized for potentially deskilling workers,
Read MoreSocial Services Plans, Financing, and Private Sector Roles
Contents of Social Services Plans and Programs
In its specific area, the Plan is motivated by specifications and a needs analysis of social demand. It sets coverage targets and establishes indicative time periods for their achievement. It outlines the types and spatial distribution of resources needed to achieve the objectives, and identifies criteria and mechanisms for monitoring and evaluating the plan. Other aspects are considered to achieve precise and appropriate objectives for the needs of
Read MoreIndustrial Areas: Key Concepts and Definitions
Item 7. Industrial Areas
Relocation
Relocation is when a company moves all or part of its production and services to other countries or less developed regions to obtain greater benefits, consequently closing workplaces in the country of origin. Typically, marketing and R&D departments remain in their home countries.
Power Source
Power sources are the natural resources from which useful energy can be obtained for various applications.
Alternative or Renewable Energies
These are related to natural
Read MoreSpain’s Industrial Transformation: 1985-Present
Spanish Industry Today
Industrial Recovery 1985-2007
Spain’s integration into the European Community and the progressive adoption of European changes of the 3rd Industrial Revolution.
EU Incorporation: Challenges:
- Integration into a highly competitive market.
- Adoption of EU industry standards.
Advantages:
- Increased market for Spanish products.
- Elimination of tariffs.
- Access to innovations and best practices.
- Entry of foreign capital.
The Changes of the Third Industrial Revolution
Innovation: Applying scientific
Read MoreAudit Procedures and Financial Statement Examination
Audit Procedures: Key Concepts and Definitions
- Serving Files: File Ongoing or Permanent Audit? Subsequent audit support and help avoid duplication of *cedulas* (audit working papers) and evaluate.
- Organic Structure: Does it serve our current job roles? Be a test of opinion in the report, back it up, and determine the efficiency of the work.
- Primary Cedula: The one that contains information in aggregate form: figures, procedures, and observations/conclusions for a group or number.
- Concept of Analytical