BUS 201: Principles of Management - Textbook

Learning Objectives

• Explain what control means in a business setting and why it is needed
• Explain the basic control process and monitoring points
• Describe the different levels and types of control
• Explain the need for a balanced scorecard
• Explain the use of financial and non-financial controls in business

• Read: Control in the Business Setting

• Read: The Control Process

• Read: Levels and Types of Control

• Read: The Need for a Balanced Scorecard

• Read: Financial and Nonfinancial Controls

• Assignment: Financial Controls vs. Balanced Scorecard

• Discussion: Out of Control

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