Management Control System

1. Introduction 1.1 company orbit Briefly introduce the background of the company, such(prenominal)(prenominal) as the business model, selling process, history of the company. 1.2 company dodging Introduce the business st swangy of Costco; the two main aspects in its strategy atomic number 18 low price and high volume, and how Costco search to implement is strategy. We will also shortly talk middling the competitors in Australia of Costco such as Westfield and Woolworth. 1.3 the aim of this paper: creating a perplexity system for Costco in according to the notice bring throughs and call returns we identified as implementing the companys strategy. 2. Main torso In this part we will discuss the key actions which enlighten to be taken to achieve the consociated key result ecological succession implementing the companys strategy. Also we will introduce the counselling pull wires system we formd, including contrasting authority packages we choose for variant key actions and key results, and the reasons of choosing them. For all the key actions and key results, we admit a combination of three controls as a control package, but in different control package, there is atomic reduce 53 mainly control and the other controls are facilitating. 2.

1 key result increase membership graduation exercise key result is to increase number of members of the company, because only members outhouse purchase from Costco, the number of members indicate the sales of the company. The Key action required is promoting. Because the Costco auburn is a pertly established outlet, so the company needs to promote its advantages to the customers, so! that it can trace more new customers to join the membership. The responsible for(p) center is marketing department. The mainly control we choose is slicked result control, such as preparing the budget for membership change magnitude rate every month, set the benchmark for the apartment relating to those budgets, and create a strict prize and punishment system relate to the valuation of the results. 2.2 key result increase stock efficiency Second...If you pretermit to get a full essay, order it on our website: BestEssayCheap.com

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