Point out all the types of controls you will use in your proposed health care business and briefly explain their implementation. Present the financial statement of income and expenses for your first year of operation.
Types of control
Operational control.
Managerial control.
Information control.
Market control.
Bureaucratic control.
Clan control.
Personal observation.
Statistical, oral and written reports.
Audits.
Compare actual performance versus some standard.
Preventive control.
Concurrent control.
Feedback control.
Control measures to prevent or reduce employee theft or fraud.
Use of technology.
Financial control - Submit budget (see example).

 

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In a proposed healthcare business various types of controls can be implemented to ensure efficient operations effective management and financial stability Heres how each type of control can be impleme... View the full answer