Understanding of the control function in a business setting

Purpose
In this project, you will gain an understanding of the control function in a business
setting. You will compare actual performance with standards, and measure the
progress toward the organizational goals, addressing any deviations through corrective
action.
Outcome Met by Completing This Assignment
● develop measures and assess outcomes against plans and standards to improve
organizational effectiveness
How to Set Up the Paper
Create a Word or Rich Text Format (RTF) document that is double-spaced using
12-point font. The final product will be 3-4 pages in length excluding the title page and
reference page. Write clearly and concisely.
Create a title page with a title, course number and section, your name and the
instructor’s name.
Scenario
The following chart displays the results of the first year’s production of a new electric-car
produced by Sleek Motors. The table was created from data supplied by the company’s
entire production department managed by Isaac Newton, as a means of controlling
production output. You recently joined the production department as a quality
assurance associate after grading with a degree in business. Your manager, Tomas
has asked you to do an analysis on the first year’s production results. Tomas indicated
that this information will be used by the Vice President in his evaluation of areas of
improvement, change, or processes used by the production department in the
production of the mini-car. The company aims for the highest possible quality products
for consumers.
The chart below describes the standards set by the department and the results for each
branch of Sleek Motors. A comparison of the standard to the results allows the reader
to form conclusions about the success or failure of the production department to meet
the goals envisioned by the company. It also allows the reader to recognize patterns
from the data from which conclusions can be drawn as to the relationship between
elements (e.g. cost expended vs time expended; those who spent more time had a
higher cost).
Use the following headings and instructions to complete the project:
Introduction
● Write an Introduction paragraph. The introduction paragraph is the first
paragraph of the paper and will be used to describe to the reader the intent of the
paper explaining the main points covered in the paper. This intent should be
understood prior to reading the remainder of the paper so the reader knows
exactly what is being covered in the paper.
● Consider writing the introduction last to ensure that all of the main points are
covered.
Controls – Victoria Moore
● Explain what control means in a business setting
● Explain why Sleek Motors needs to be concerned with the results for the
electric-car
Standard Specifications- Nelson, Daniel
● Compare the actual performance with the standards for the electric-car drawing
conclusions from what is evident from the data in the table. Make sure to discuss
each standard and explain the results for each branch.
● Analyze the deviations between the branches and the standards for each metric.
● Determine whether more control is necessary or if the standard should be
changed. Explain the reasoning.
Corrective Action- David Olvera
● Explain how implementing Total Quality Management can develop solutions to
resolve Sleek Motors’ issues with meeting the standards and/or make changes to
processes or behaviors.
Conclusion
Create a concluding paragraph. The Conclusion summarizes the main topics discussed
in the paper.