hands “, promotions within B u s i n e s s F i n a n c e
Please respond to each student 100-150 words
Student 1
- What are some examples of behavior controls? Output controls? Input controls?
Behavior controls are sometimes little reminders to employees to keep up consistent habits of corporate culture, reminding of the objectives or to stick with consistent decision making to benefit the company. These could be signs reminding of an employee’s behavior to “wash their hands”, promotions within to promote performance, or achieving so many sales will reward them.
Output controls are setting financial or non-financial goals for the company to achieve. Top management can set these goals then communicate them down the chain through either set quotas, commision standards, or to the manufacturing line to produce more products (Whellen, 2017).
Input controls are the resources, motives, skill levels, and abilities a company lets in. These are brought in through direction setting, selecting criteria for recruitment, appraising criteria setting, and promotions within the company (Wheelen, 2017).
2. Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible? Explain.
Evaluation and control processes do play an important role even with a creative based management. Creativity implies freedom to explore new ideas and answer unopened questions. Freethinking flows through employees and management to solve problems, open opportunities, and strengthen core traits.
However, too much freedom can be a bad thing. The corporate culture still needs to remain focused on the goal and not to go astray and off topic. Correction and monitoring that the mission is still in play.
References
Wheelen, T. L., Hunger, D. J., Hoffman, A. N., & Bamford, C. E. (2017). Strategic Management and Business Policy: Globalization, Innovation and Sustainability (15th Edition) (15th ed.). Pearson.
Student 2
What are some examples of behavior controls? Output controls? Input controls?
Behavior controls specify how something is to be done through policies, rules, standard operating procedures, and orders from a superior. Examples of behavior controls are things like the dress codes for your place employment or the signs in the bathroom that states that “employees must wash their hands before returning to work. Output controls are controls that specifies what it to be accomplished by focusing on the end result of the behaviors through the use of objectives and performance targets. Examples of output controls is when employees have a certain quota they are trying to make. For example, how many shoes a shoe salesman can sell within a month’s time span. Input controls specifies the resources, such as knowledge, skills, abilities, values, and motives of employees. An example of input control is a promotion that an employee may get and direction setting.
Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible? Explain.
Yes, the evaluation and control process is appropriate for a corporation that emphasizes creativity because even with creativity there still needs to be a goal and objective set in order for the creativity to work properly. The control part is when a company has the opportunity to assert their authority while allowing creativity. An example of this would be the marketing team with an organization. The creativity would be the fun and different ads that they may come up with while brainstorming. The control is when the marketing team has a set deadline that everything needs to be completed.
Wheelen, T. L. (2018). Strategic Management and Business Policy Globalization, Innovation, and Sustainability. Pearson.