Monday, May 13, 2019
Outside Influences on Management Control Essay Example | Topics and Well Written Essays - 1500 words
Outside Influences on Management Control - Essay ExampleTherefore, this project description go forth objectively describe the influence that external environment may have on anxiety control (Horch). The influences will include debt crisis, Affordable Care Act, policy, economic conditions, changes in technology and demographics. These will be discussed against their effects on management functions such as planning, performance knowledge and budget.Effects of Policy on PlanningTo start with, policy is well understood as a principle that guides decisions and achieves rational outcomes in an plaque. It serves as a statement of intent and is implemented as a procedure. Policies are usually formulate by senior officials within an organization to assist senior management in the decision reservation process (Sr and Swanson).In this respect, policies help in identification of certain programmes within an organization thereby promoting heady spending priorities. This further helps in ch oosing among alternatives that are available and the impact that they may have on planning. Consequently, the think effects of a policy on planning depend on government of a special(prenominal) nation. For instance, the government may make a decision to increase the tax and this may prompt an organization to make changes in the planning process to cater for such a change. This helps to lessen the chances that the organization will face hardships and unexpected consequences.
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