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Topic: |
Business
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Number of pages / Number of words: |
3 / 601 |
Essay's paper body
Controlling "consists of three steps, which include establishing performance standards, comparing actual performance against standards, and taking corrective action when necessary" (Gale, 2006, p.5). In a child care facility,
the controlling function is used by observing the goals that have been set and monitoring the progress...
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If the progress is not acceptable, then changes will be implemented where needed in order to be effective.
Planning, organizing, leading and controlling are the four functions of management that can also be used in the child care environment. To effectively manage people and accomplish
organizational goals, these four functions of management are required...
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General points of the essay
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Globalisation has increased competition faced by many enterprises. There are resulting pressures to achieve ?world class standards' in people management, operational methods and service delivery"
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The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
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