Management Planning and Control
a) Identify and explain at least 3 key control problems which often arise as firms grow larger and briefly explain why these are significant control problems?
(hint: 3 control problems are lack of direction, lack of motivation and lack of limitation)
b) Cost leader and differentiator are two common competitive strategies, Identify and explain 3 key differences in the key control problems for organisations which have these strategies? Explain why these are important control problems.