 |  Management: Skills and Application, 10/e Leslie W Rue,
Georgia State University - Emeritus
Lloyd L Byars,
Georgia Institute of Technology
Controlling
Learning Objectives
| Explain why management controls are necessary. |
| | | | Describe a feedback system. |
| | | | Discuss the basic requirements of the control process. |
| | | | Describe the control pyramid. |
| | | | Identify the factors that affect how much control should be exercised in an organization. |
| | | | Discuss the two categories of control methods. |
| | | | Differentiate among preliminary, concurrent, and postaction controls. |
| | | | List several methods or systems of control commonly used by managers. |
| | | | List the four basic types of financial ratios. |
| | | | Discuss the basic purpose of a break-even chart. |
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2003 McGraw-Hill Higher Education