Question: Explain why companies develop control systems. Summarize how to design a basic bureaucratic control system. Describe the purposes for using budgets as a control device.

Explain why companies develop control systems.
Summarize how to design a basic bureaucratic control system.
Describe the purposes for using budgets as a control device.
Define basic types of financial statements and financial ratios used as controls.
List procedures for implementing effective control systems.
Identify ways in which organizations use market control mechanisms.
Discuss the use of clan control in an empowered organization.

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