sets the company objectives and the strategies to achieve them. Having decision-making power is the one who based on the data collected and their analysis will make the necessary decisions to achieve the profit goal. The heads of the functional areas (managers) have the task of transmitting the company objectives to the various operating units and evaluate the results achieved by comparing them with those expected in the budget forecast to make decisions on the matter.
The controller is the specialist in corporate control and is responsible for lawyer data measuring the results obtained and comparing them with those hypothesized, analyzing the deviations and modifying the objectives to be achieved.
Business management control is an effective tool that allows you to examine the progress of the business and be able to correct any unproductive activities in time. The advantages for the company are the optimization of the management of economic and productive resources through the forecast plan that allows you to check whether the resources have been used effectively. Evaluate the data that have been achieved with those hypothesized and analyze the business performance in order to set new objectives. Have a complete picture of each production unit and therefore identify the units that produce more from those that give poor results.
The advantages of corporate management control
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