Lecture on Basic Elements of Control

After studying this chapter, you should be able to:

1. Explain the purpose of control, identify different types of control, and describe the steps in the control process.
2. Identify and explain the three forms of operations control.
3. Describe budgets and other tools for financial control.
4. Identify and distinguish between two opposing forms of structural control.
5. Discuss the relationship between strategy and control, including international strategic control.