Assignment: Prepare a paper in which you address the following as it relates to Coca-Cola.
Identify 2 types of control mechanisms (ways controls are applied) used in your selected organization.
Compare and contrast these control mechanisms.
Determine the effectiveness of these control mechanisms.
Examine the positive and negative reactions to the use of these controls.
Explain how these controls affect the four functions of management.
Bureaucratic control is the use of rules, regulations, and formal authority to guide performance. It includes such items as budgets, statistical reports, and performance appraisals to regulate behavior and results.
For Bureaucratic Control, write on a company rule or regulation. Like employee evaluations, Budgets, production reports
Market control involves the use of pricing mechanisms to regulate activities in organizations as though they were economic transactions. Business units may be treated as profit centers and trade resources (services or goods) with one another via such mechanisms. Managers who run these units may be evaluated on the basis of profit and loss.
For Market Control, How is a can of coke priced? How much of the soft drink industry is controlled by Coca-Cola?