Reference no: EM131479680

Discussion 1:

Disney is a diverse company with multiple tiers and several different business ventures across the entertainment realm. Disney runs theme parks, movie studios, television stations, manages hotels and even owns ESPN. Disney is such a large corporation that has so many different varying products and services that control is a must.

Disney through out the years has grown into a blue chip company that has set the standards for decades to come. Through practices of management control Disney has ventured down many business avenues through mergers, and joint ventures with great success because of the control the upper management has over the company. In early stages, Walt Disney set a standard for the Disney corporation that has traveled across the centuries. This standard has changed slightly with the times but still remains the same with the core principles.

If Walt Disney did not establish control early on, by setting standards, monitoring the performance of his employees against those standards, and correcting any deviation along the way Disney itself may have never grown beyond Mickey Mouse. This level of control has made the Disney name alone more valuable, and recognizable than any other in the industry. Being in a creative industry, many of the studios should have different management styles allowing for creative minds to flourish and create new and innovative products.

Disney products are regarded as industry standards in almost every industry they touch. Quality product requires high production, material and time budgets. Disney has, and will always find ways to produce quality products (Innovation and intellectual properties with in the company and outsource the labor to produce a larger profit margin when applicable). These maneuvers not only increase profit but reduce the cost of production, but they also reduce the risk on loss for a product that does not do well on the market. To summarize, outsourcing with the proper level of control has made Disney a massive toy producer, talent producer, movie producer, as well as theme park leader in America.

Discussion 2:

In order for Target to be able to efficient and productive they are going to have management control policies in place. Such as the economic, behavioral, and flexibility and innovation considerations. (Byars, Rue 2009, p. 368-369) Economic considerations would impact target because when they start to plan on opening a new store and the people they would be hiring. If they are in a lower class area, there is going to be more up front training that would have to take place to get people manager ready material. Behavioral considerations would deal with determining how much control they are going to place on the managers over other employees, and how they will get across what is expected of them. This would be Target getting the managers to communicate to the employees what their job will entail and what happens if they donât comply. One more would be Flexibility and innovation considerations. If there is too much control this one can really impact the competiveness that the store will have. If target is overly controlling on prices and or employees then people will go elsewhere. They have to consider the prices they are putting on items in comparison to the financial market where the store is.