Relationships and Control Systems the Term Paper

Total Length: 522 words ( 2 double-spaced pages)

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Implementing a control system that is resource-focused, then, will be most effective for the Guillermo Furniture Store's continued success. An exacting and precise account of capital and other resources and their profit-generating potential in various applications is of vital importance during the change process that this firm is facing, and in the ongoing operations of the organization if it hopes to achieve the level of success it held in previous years. Especially if the owner/manager decides to keep the company focused on production rather than distribution, the control system utilized will need to be coupled with sufficient operational adaptability in the day-to-day functioning of the organization in order to shift production to most efficiently and effectively utilize resources. As the Guillermo Furniture Store is not aiming at a unique niche in the market, its patented finishing process not being hugely in demand, price is very much at the mercy of the market.

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Thus, production cost controls more than pricing controls must be the most salient and prominent feature of the control system adopted by the Guillermo Furniture Store for its continued success.

The issues that the Guillermo Furniture Store is facing provide many new challenges to the business and its manager, but also provide many new opportunities. With proper controls and analysis of cost relationships, this business can position itself for continued success in a variety of ways that would not negatively impact the managers time with his family. Taking the time for proper analysis now could lead to much greater profit potentials and security in the….....

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