Describe the reasoning and value behind the control choice

Assignment Help Business Management
Reference no: EM131267662

Business Assignment

Strategic Goal = Apple is Acquiring Netflix.

As you've learned this week, the control process is essential to the achievement of goals. It allows a business to track their progress, make adjustments, and stay on schedule for what they're trying to achieve. Your chosen goal from the strategic management project needs these same types of controls. This course project assignment will task you with creating a detailed control process for that goal. Think through all of the departments that might be involved in the completion of the goals and how they'll need to be tracked. The course content from this week can be very useful in providing details on strategies and ideas for control processes. Some additional research will also prove useful.

This assignment should be at least two pages in length and complete the following:

• Identify four separate strategies that you will use to control your strategic goal.

• For each strategy:

o Identify which aspect or metric of the goal they're controlling.
o Explain the reasoning and value behind the control choice.
o Identify the control as feed forward, concurrent, or feedback.

As an example, if my goal is to "decrease the amount of defective parts made on my assembly line by 5%", I could control it through regular maintenance checks (feed forward), thorough employee training on the machines (feed forward), and a software system that monitors production while it's happening and can print off detailed reports after work is completed (concurrent and feedback). You will need to go into much more detail on the structure, process, and purpose of your control methods, but this should give you a good idea of how to complete this assignment. Really think through how you'll keep up to speed with company progress on your strategic management goal.

Submit your completed assignment to the drop box below. Please check the Course Calendarfor specific due dates.

Reference no: EM131267662

Questions Cloud

Market rate of interest for a note of similar risk : McCormick Corporation issued a 4-year, $40,000, 5% note to Greenbush Company on January 1, 2017, and received a computer that normally sells for $31,495. The note requires annual interest payments each December 31. The market rate of interest for a n..
Interest rate statements as either nominal or effective : Identify the following interest rate statements as either nominal or effective : (a) 11% per year compounded monthly; (b) effective 2.5% per month compounded weekly; (c) 15% per quarter; (d) nominal 4.5% per month compounded weekly; and (e) 15% per q..
Summary of the content that is being reflected upon : Summary of the content that is being reflected upon. Briefly summarize the video so that the reader of the reflection has sufficient background to understand your reflective comments in context.
General overview of how the project is proceeding : Initial greeting of thanks to your supervisor for being collaborative and supportive - General overview of how the project is proceeding
Describe the reasoning and value behind the control choice : Identify which aspect or metric of the goal they're controlling. Explain the reasoning and value behind the control choice. Identify the control as feed forward, concurrent, or feedback.
Find the damping factor and natural frequency of the loop : Determine the closed-loop transfer function H(s) and indicate if the loop is stable.
Intrusion detection and prevention systems : Summarize the article and provide the URL. The summary must be a minimum of four complete sentences. Your reply should be a minimum of four complete sentences All posts must be complete and thoughtful, and free of spelling and grammar errors. It's..
Identify two people you would like to interview to get views : Write two two-tailed hypotheses that relate two variables in which you have an interest in exploring. For each hypothesis, you should use different variables. Identify two people you would interview to get views relevant to the research question,..
Annual community outreach festival : Write an instructional guide that would be distributed to those who will be setting up a booth at your annual community outreach festival.

Reviews

Write a Review

 

Business Management Questions & Answers

  Relationship between wellness and performance excellence

Explain what is the relationship between wellness and performance excellence and what are the differences between leadership and management?

  Knowledge management by frito-lay and rtacompare the two

knowledge management by frito-lay and rtacompare the two approaches to knowledge management and answer the following

  Business advantages of scm crmi want to implement a supply

business advantages of scm crmi want to implement a supply change management customer relationship management and

  Punishment philosophies1 what are the varioius punishment

punishment philosophies1. what are the varioius punishment philosophies within the juvenile court and it processes?2.

  Four elements of motivation-four types of innovation

What are the four elements of the motivation? How would you state the framework for incentives systems design?

  Write a well report that focuses on effective use of bis bit

Write a well presented report that focuses on effective use of BIS/BIT. Do not use any trademarked restaurant name in your report.

  Budget of parks and recreation department- what would you do

The budget of the Parks and Recreation Department that you head is stretched to the limit. The city council seems unwilling to add any resources to support new programs you think would benefit the community.

  Successfully compete in the global marketplace

As current and future managers of technology and innovation, what approaches and initiatives do you plan to utilize to ensure that your organization continues to successfully compete in the global marketplace?

  Explore a specific engineering management

Explore a specific Engineering Management topic and apply it to a real life project or scenario.

  Aspects of communication and leadership

Specifically, how did your leader display (or not display) aspects of Communication and Leadership (Unit 4), Recognizing and Leveraging Organizational Culture and Climate (Unit 5), and Developing High Performing Teams (Unit 6). Please include ref..

  Use the internet to research companies

Use the Internet to research companies that utilize either external or internal recruiting processes. Next, based on your research, provide three (3) characteristics of a job where either external or internal recruitment would be ideal. Next, determi..

  Netflix- the movie rental industry-assess how technology

netflix- the movie rental industry-assess how technology and the changing demands of customers have impacted the movie

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd