Discuss the below in a 150 words each:
Q1. Why is control such an important managerial function?
Q2. How do successful companies implement controls?
Q3. What are the Steps in the control process
Q4. How can three techniques-balanced scorecard, strategy maps, and measurement management-help me establish standards and measure performance?
Q5. What are the financial tools I need to know about?
Q6. How do top companies improve the quality of their products or services?
Q7. What are the keys to successful control, and what are the barriers to control success?
Q8. How do managers influence productivity?