Types and Systems of Control


Physical resources:  Includes inventory management, quality control and equipment control.

Human resources:  Includes selection and placement, training and development, performance appraisal and compensation.

Information resources:  Includes sales/marketing, forecasting, environmental analysis, public relations, production scheduling and economic forecasting.

Financial resources:  Involves managing the organizations debt, cash flow and receivables/payables.

By Nathan Phillips

 

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