Answer :
A company that carefully screens job applicants is using the control. Preliminary Angela has worked hard to encourage change in Jeffrey's performance.
A budget is a common type of financial control.Standard financial reports are the statement of cash flows,balance sheet,income statement,financial ratios,and budgets.For most large companies, the first three are required by law.Liquidity ratios measure a company's ability to meet its debt obligations using its current assets.When a business is experiencing financial difficulties and cannot pay its debts,it can more easily convert its assets to cash and use the money to pay off outstanding debts.For example,an organization should periodically review its structure to determine whether it is facilitating the achievement of its strategic objectives.In this way,strategic control focuses on the extent to which the implemented strategy achieves the strategic goal of the organization.
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