Importance of Management Function Control in Slovak Companies

Juraj Misun () and Ivana Misunova Hudakova ()
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Juraj Misun: University of Economics in Bratislava
Ivana Misunova Hudakova: University of Economics in Bratislava

A chapter in Eurasian Business Perspectives, 2020, pp 61-76 from Springer

Abstract: Abstract In management theory, the control function is considered the terminal function in management. Also due to its status as the last step of the management process, it is the least researched function. Another approach states that control accompanies the other functions, and one of its tasks is to influence them to work more efficiently and effectively. Based on our questionnaire survey, we analyze the perceived importance of controlling in companies operating in the Slovak Republic on various aspects such as the size of the enterprise, the level of the respondent’s management, or the subject of business activity. The overwhelming majority of respondents consider controlling important or very important. The larger the company, the more important is the control function perceived. In addition, the higher the manager is situated in company’s hierarchy, the more important controlling is considered. An interesting exception is micro-entrepreneurs.

Keywords: Organizational control; Management function; Controlling; Planning; Organizing; Staffing; Leading (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eurchp:978-3-030-40160-3_4

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DOI: 10.1007/978-3-030-40160-3_4

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