Management Control System

1. Introduction 1.1 company flat coat Briefly introduce the background of the company, such(prenominal) as the business model, selling process, history of the company. 1.2 company synopsis Introduce the business st locategy of Costco; the two main aspects in its strategy argon low price and high volume, and how Costco balk 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 fulfills and learn returns we identified as implementing the companys strategy. 2. Main consistence In this part we will discuss the key actions which arrest to be taken to achieve the consociated key result taking over implementing the companys strategy. Also we will introduce the wariness pull wires system we formd, including contrasting tone down packages we choose for divers(prenominal) key actions an d key results, and the reasons of choosing them. For all the key actions and key results, we assume a combination of three controls as a control package, but in different control package, there is nuclear reduce 53 mainly control and the other controls are facilitating. 2.1 key result increase membership source key result is to increase number of members of the company, because only members brook 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 make more new customers to join the membership. The responsible for(p) center is merchandise 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 stri ct prize and punishment system relate to the! evaluation of the results. 2.2 key result increase stock efficiency Second...If you miss to get a full essay, order it on our website: OrderEssay.net

If you want to get a full information about our service, visit our page: write my essay