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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 726 |
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Market control is what makes Siemens Building Technology successful. Without the guide of the adjusting market, SBT could possibly have huge losses if, SBT themselves do not adjust along with the market.
Bureaucratic control is the use of rules, policies, and hierarchy of authority, written documentation, reward systems, and other formal mechanisms to influence employee behavior and assess performance...
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Bureaucratic control can be used when behavior can be controlled with market or price mechanisms.
There are four steps in the bureaucratic control process. Step one is the need to establish standards. Standards should be participative rather than simply implemented from the top down so that employees understand and are committed to them...
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