A feedback control system consists of five basic components: (1) input, (2) process being controlled, (3) output, (4) sensing elements, and (5) controller and actuating devices.
The constitution of a closed-loop control system is discussed in chapter 1; the basic system is defined in terms of three elements, the error detector, the controller and the output element.
The four types of control systems are belief systems, boundary systems, diagnostic systems, and interactive system.
Three basic types of control systems are available to executives: (1) output control, (2) behavioural control, and (3) clan control. Different organizations emphasize different types of control, but most organizations use a mix of all three types.
The controlling Process consists of five steps: Setting the standards. Measuring the performance. Comparing the performance to the set standards.
The 2 main components of a computer are hardware and software.
Traditional Types of Control Techniques in Management. Budgetary Control. Standard Costing. Financial Ratio Analysis. Internal Audit.
Basically the process of control involves three steps i.e.- (i) setting up standards (ii) performance appraisal and (iii) corrective measures.
Managing a company that sells motorcycles on credit is an example of controlling in management. The four-step process of management's regulating function includes: Setting work performance standards. Monitoring actual performance.
Controlling behaviour is a range of acts designed to make a person subordinate and/or dependent by isolating them from sources of support, exploiting their resources and capacities for personal gain, depriving them of the means needed for independence, resistance and escape and regulating their everyday behaviour.
effective control means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a business enterprise, whether through the ownership of voting stock, the use of a voting trust, contractual arrangements, or otherwise.
What is the most common control element? A control valve would be the most common final control element in a process control industry. The control valve can control the flowing fluid and it could be gas, water, or chemicals.
The six principles of control activities are: 1) Establishment of responsibility, 2) Segregation of duties, 3) Documentation procedures, 4) Physical controls, 5) Independent internal verification, 6) Human resource controls.
There are five interrelated components of an internal control framework: control environment, risk assessment, control activities, information and communication, and monitoring.
The control function can be viewed as a five-step process: (1) establish standards, (2) measure performance, (3) compare actual performance with standards and identify any deviations, (4) determine the reason for deviations, and (5) take corrective action if needed.
Detailed Solution. The correct answer is Plan, lead, organize, manage, and control. It is a dynamic process of getting things done by others to achieve common goals effectively and efficiently.
The main manufacturing process types are project, jobbing, batch, line and continuous. Project processes produce products of high variety and low volume. A feature of a project process is that the location of the product is stationary.
The seven internal control procedures are separation of duties, access controls, physical audits, standardized documentation, trial balances, periodic reconciliations, and approval authority.