Explain why the competing values framework can help in designing a control and performance management system.
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Explain why the competing values framework can help in designing a control and performance management system.
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- Discuss the relationship between the two managerial functions of planning and controlling.How does the desire for personal control affect managers, and how can they balance it with organizational control systems?What are the FOUR broad goals of an organization's internal control system? What are the FOUR broad goals of an organization's internal control system?
- Explain the process of controlling in management. What are the key steps involved in the control process, and how does it contribute to organizational success?When creating an internal control system, what do you believe to be the most important factors? Why? Consider all six dimensions of the regulatory categorization cube (intention, implementation, level).Explain what are the objectives of internal control as per COSO are ?
- Explain controlling as a management function along with the control process.Discuss the five different control methods (bureaucratic control, objective control, normative control, concertive control, and self-control).What are an organization's FOUR major goals for an internal control system? An organization's Internal Control should have FOUR main goals.