Question: After reading the article, the four key elements of Management Control are: Making sure the subsidiary has enough money which is the first step of
After reading the article, the four key elements of Management Control are: Making sure the subsidiary has enough money which is the first step of management control in MNCs management. Second, specific goals and objectives. Third, is establishing the appropriate procedures for monitoring the goals. Lastly, is taking corrective action.
It is to ensure a good amount of resources are available. This not only has to have adequate financial resources available but it's to support the company. Having access to information from HR and other inputs. I believe that having the appropriate financial resource that is available to operate the MNC
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
