FORMALIZATION OF CONTROL MECHANISMS: THE CASE OF SMALL COMPANIES
Journal Title: INTERNATIONAL JOURNAL OF ENGINEERING TECHNOLOGIES AND MANAGEMENT RESEARCH - Year 2019, Vol 6, Issue 7
Abstract
Control mechanisms are the major problem for small companies such as VSEs and SMEs today. A hypothetical-deductive approach was adopted in this research to demonstrate that the more the size of companies changes, the more the degree of formalization of control systems increases. The study based on the case of 25 Malagasy companies through statistical analyses confirmed this hypothesis. VSEs still have great difficulty in implementing a control system that meets their long-term needs due to lack of resources and the use of modern management tools linked to control systems also varies according to their size. Innovation in this sense is necessary to enable small companies to better control their activities and to ensure a very good performance.
Authors and Affiliations
Keywords
Related Articles
- EP ID EP612878
- DOI 10.5281/zenodo.3359542
- Views 95
- Downloads 0
BIG DATA ANALYTICS: A PRIMER
The use of digital devices and systems such smart phones, computers, the Internet, and social media has resulted in a massive volume of data which is exponentially increasing daily. Such data is processed using multiple...
A STUDYON CAUSEAND IMPACTOF RE-BRANDINGIN TELECOMMUNICATION INDUSTRY WITH REFERENCE TO AIRTEL
Competitor pressures, plummeting sales revenue and outdated marketing strategy are some reasons behind a company’s need to reposition itself and remain financially viable. India's telecommunication network is the second...
USE OF PLANT BIOCIDAL SUBSTANCES BASED ON CRATAEVA RELIGIOSA AGAINST TUTA ABSOLUTA (LEPIDOPTERA: GELICHIIDAE) DEVASTATOR OF TOMATO CROPS
The tomato leaf miner, Tutaabsoluta causes serious losses in production. It can feed on all the green parts of the tomato and can cause up to 100% damage if not controlled. Presently, the most effective method of pest co...
BIOLOGICAL TEACHERS’ MOTIVATION BASED ON SCHOOL LEADERSHIP AND SELF-EFFICACY
Biology teacher needs to have motivation in delivering learning material related to school leadership and self-efficacy. That is why the objective of this research is to analyze the relationship between school leadership...
APPLICATION OF CANONICAL CORRELATION ANALYSIS ON SCIENCE PRODUCTION
The development of any given nation is behind its advancement in science and technology; this can be achieved through the upbringing of the new generation on the knowledge related to science and technology by putting in...