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Control MGMT323
notes on control for mgmt323
8
Management
Undergraduate 3
05/03/2010

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Cards

Term
Control
Definition
is the direction of activities of people towards achievement and goal fulfillment
Term
Bureaucratic Control
Definition
uses formal rules, standards, and hierarchy with legitimate authority
Term
Market Control
Definition
uses prices, competition, profit, and material exchange
Term
Clan Control
Definition
involves culture, shared values, beliefs, and trust
Term
Six Sigma
Definition
is a quality control and feedback device used to reduce defects in performance and products that would result in customer dissatisfaction
Term
Audits
Definition
are means for evaluating the effectiveness and efficiency of a system
Term
Budgeting
Definition
also known as budgetary control is the comparison of how much money a system gets vs how productive it is
Term
ROI
Definition
is return on investment
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