Need for Financial Controls, The
An organization cannot survive without proper management of its financial resources, and these resources must be continually monitored and controlled.
Subject: monitor
Transcript: . WITHOUT CONTROLS, MANAGERS CANNOT MONITOR THE PERFORMANCE OF THE ORGANIZATION, TO SEE IF ITS RESOURCES ARE BEING PROPERLY UTILIZED, ITS MISSION FULFILLED
Controlling Case Study: Santa Anita Racetrack
The enormous amount of money that passes through the Santa Anita racetrack each day makes an effective controlling system extremely important. The flow of money is in large part tied to wagering, but there are other aspects of the racetrack operatio...
Subject: monitor
Transcript: : EVEN THE FOOD STANDS ARE MONITORED DOWN TO THE SMALLEST DETAIL. FOOD STANDS ARE A LITTLE BIT DIFFERENT THEN DINING ROOMS. FOOD STANDS WE CONTROL BY CUPS