First of all, I want to send a big greeting to all friends of steemit and especially to the members of this prestigious and wonderful #Project-Hope, today I come to share with all of you this publication related to the importance of complying with the control processes by all members of the organizations to be competitive and allow them all to be more profitable.
The current environment in which organizations operate offers challenges and opportunities that are essential to transcend in time; however, economic success is only achieved to the extent that competitiveness is increased..
Therefore, to compete it is important to have excellent control systems that are timely, to make operational and strategic decisions, hence, since its incorporation, any economic entity requires data to facilitate decision-making and to be able to continue operating optimally and efficiently.
Therefore, in order to obtain this data, it is necessary to keep track of the operations it carries out on a daily and chronological basis, so that, after a certain period of time, it is possible to evaluate its results.
To this end, control activities occur throughout the company, at all levels and in all functions, and include a range of tasks as diverse as approvals, authorizations, verifications, reconciliations, performance reviews, asset security, and effective management of accounts payable, among others, to help ensure that management directives are being carried out.
On the other hand, it is the responsibility of the company's managers and other employees to implement and faithfully comply with the control measures and procedures adopted to enable the entity to negotiate competitively in changing economic environments and to adjust to the needs of the market and its beneficiaries.
Thank you, friend!
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Hi @dgalan, I find the content you are sharing with us very interesting and educational, I observe through your article the importance of control in organizations. See you later, have a great week.
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