Reference no: EM132252491
To complete this discussion, pick one of these companies: Intel, McKesson, or Walmart, and explore their website to answer each of the below questions. Many times, the following website sections will contain the type of information required: about us, corporate governance/leadership, investor relations, sustainability/social responsibility, and media relations. If any of the pages or sections are not made apparent, you could also search for information using the company's search box which will sometimes provide a link to a page several layers into their website.
Enter the discussion and post your thread which should contain a separate, numbered response to correspond to each of the following items:
Describe the four steps that the company would use in the control process and provide an example for each.
Select a product sold by or a service provided by this company and describe how it would utilize operations control in the areas of preliminary, screening, and post-action control. Make sure to provide an example of each. Do you think your company is following these steps? Provide at least one example that supports your opinion.
One of the tools of control discussed in this module is referred to as an annual financial audit which can also be found in the Annual Report or Form 10-K. Using either report, turn to the section entitled “Report of Independent Registered Public Accounting Firm.” Describe the contents of this report and identify the type of control that this report represents. The Annual Report and Form 10-K are usually located in the company's "Investor Relations" section. Form 10-K can also be located by searching for your chosen company in the Securities Exchange Commission (“SEC”) company filings database.
Assume that you were hired as the CEO of your chosen company and needed to decide on the type of structural control which would be most appropriate (i.e. bureaucratic or decentralized). Describe the type of structural control that you would implement and indicate the advantage of the approach.