Control Mechanisms
Control Mechanisms
Control mechanisms are necessary in order for any business to run smoothly and ensure that things are going as planned. These controls help the business determine the activity and direction of its employees in a manner that helps the company meet its goals (Bateman & Snell, 2007). There are three basic types of controls: bureaucratic, market, and clan. Bureaucratic control basically consists of the formal rules and regulations that establish authority, set standards, and regulate behaviors (Bateman & Snell). Market control regulates activities by examining the competition, analyzing profit and loss, and utilizing economic information (Bateman & Snell). Clan control differs from the previous two controls in that there are no formal rules, regulations, or analysis. Clan control functions under the assumption of common goals, values, and trust among individuals and the organization (Bateman & Snell).
Like most businesses, the Coca-Cola Company has a system......
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