Concurrent controls in small and medium business PDF

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These are notes on controls that take place in business some of these controls are concurrent controls, feedforward controls...

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Concurrent controls Concurrent controls involve identifying and preventing problems in an organization as they occur. systems are monitored in real time. Concurrent controls begin with standards and all employee activity is measured against the standard. Usually these include quality control standards. While an action is in progress, concurrent control takes place. It entails policing ongoing transformation operations to ensure that they meet organizational requirements. Concurrent control is used to ensure that employee job activities result in the desired outcomes. Concurrent control necessitates a thorough understanding because it involves regulating ongoing tasks, Understanding of the specific tasks involved and their relationship to the desired product. Explanation: Concurrent controls Concurrent controls involve identifying and preventing problems in an organization as they occur. systems are monitored in real time. Concurrent controls begin with standards and all employee activity is measured against the standard. Usually these include quality control standards. While an action is in progress, concurrent control takes place. It entails policing ongoing transformation operations to ensure that they meet organizational requirements. Concurrent control is used to ensure that employee job activities result in the desired outcomes. Concurrent control necessitates a thorough understanding because it involves regulating ongoing tasks, Understanding of the specific tasks involved and their relationship to the desired product. Concurrent control sometimes is called screening or yes-no control, because it often involves checkpoints at which determinations are made about whether to continue progress, take corrective action, or stop work altogether on products or services. it allows managers to make changes and adjust the process so that the quality of finished products gets back on track. It also ensures that a company is on track. Concurrent controls ensure that we don't find errors after the fact. This helps save time and money. This is an image explaining feedforward, and concurrent controls. The first box identifies the definition of feedforward controls: making sure the Right directions are set and the required resources are in place. The second box explains this process to solve problems before they happen. The third box identifies the definition of concurrent controls: making sure things are completed as the work is happening. The fourth box explains this as a process to solve problems while they are happening. Examples of Concurrent control

Fleet tracking is an example of concurrent control. Managers can monitor company vehicles using GPS fleet tracking. Managers can predict when vehicles will arrive at their destinations and the speed at which they will travel between them. Managers can arrange more efficient routes and inform drivers to use alternate routes to avoid traffic jams. It also deters employees from engaging in personal errands during work hours. Keen Media, for example, monitors employee Internet use in order to eliminate inefficiency. Employees keep a digital record of their activity during the workday as per business policy. Employee PCs can also be accessed by IT personnel to see how much time is spent on the Internet for personal business and "surfing the Web."...