Controlling
- Controlling is the fourth aspect of management and it is as crucial as planning, leading, and organizing.
- The measure of performance is the second step of four feedback model and it is important to know our own indicator of performance.
- Illusions of control occur when one overestimate their ability to control an event.
- There are two methods of control which are hierarchical and decentralized control.
- Financial control is important to ensure that we always afford our expenses.
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