Facts
1. Controlling Process:
Controlling process involve following stages:
1. Control standards are established.
2. Performances, individual as well as whole, are measured.
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3. Actual performances and predefined standards are compared.
4. Deviations from standards are corrected.
2. Controlling Methods and Techniques:
Following methods and techniques are used in controlling process:
1. Costing method.
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2. Programme Evaluation and review technique.
3. Critical path method.
4. Return on investment method.
5. Management by objectives method.
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6. Budgetary control method.
3. Managing International Business:
International business management may be controlled through following way:
1. Making regular trips to keep in touch with international clients;
2. Inviting those clients to subject country and giving thirty a taste of her hospitality.
3. Following international quality norms such as ISO, BS, ASTM, SAE, DIN, etc. with respect to engineering items;
4. Making a neat and clean MIS system that’ could cater to the needs of a dynamic global markets,
5. Strictly adhering to the norms of those countries in which, the firm operates;
6. Employing highly qualified and trained staff in the product line in question and
7. Learning the modern techniques of production and marketing, especially those, that is in vogue in the client nation.