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AirTex Aviation, Inland Steel Company Free Essay, Term Paper and Book Report

Airtex Aviation, Inland Steel Company Discuss two elements of the control system that Frank and Ted implemented. In your opinion were these appropriate and if so what will they help achieve? After they purchased the business of Airtex Aviation, Frank and Ted implemented a control system across the whole company. I would like to discuss both action controls and personnel controls in the system. Action controls include: 1) Profit centers were merged into departments; 2) Profit centers identified revenues and expenses, which were communicated to the profit center manager; 3) Departmental managers were accounted for their profit centers, and would receive a bonus for their performance; 4) The profit center managers have their own authority. For example, they could price their products or services, they could also do what is best for their departmental interests, they could buy needed capital equipment and operating supplies within established purchase order limits, and they also had the authority to hire, fire, and administer the salary schedule independently; 5) G......

Word Count: 756
Page Count: 3  (250 words a page / double spaced)


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