The term turbulence, originally referring to continuous and chaotic respectively stochastic changes in the properties of the flow of fluids, became from the early 90ties of the last century a significant and distinctive feature of the business environment. A steady continuous development has in...

It is generally known that companies which are subjects of external pressure in a dynamic and turbulent business environment have a strong demand for managers, for managing workers, entrepreneurs, and project and production directors. The focus is getting not only on their professional expertise...

Controlling is a constantly ongoing managerial process of designing standards, measuring performance, comparing the performance with standards, and implementing corrective actions to ensure effective and efficient running of the organization's activities. Controlling represents one of the basic...

Every manager must – besides other activities – exercise control over his or her subordinates, no matter if it happens through a direct supervision or through indirect control based on reports or statistics. Performing this managerial function is called controlling in Anglo-American...

Control represents a process through which managers ensure that resources are procured and used efficiently and effectively to meet the goals of the organization. It is a dynamic function interrelated with the other management functions, and it plays a role of critical determinant in achieving...

Control is the terminal sequential function of management and its importance has risen during the last economic crisis. In the Eastern approach of organizational control, a manager can be either the subject of control, when he oversees an object or the object of control, when another subject...

Controlling – a very powerful word. When someone hears it, he/she feels influence and power. Controlling is an English word; unfortunately it isn‘t used just in the English language. When you hear this word, you might have the feeling that everything is clear to you. In fact, it is not all...

From the Western countries a new dangerous phenomenon is approaching the Central and Eastern Europe. The pressure on psychical performance while studying and at work is becoming that hard that many individuals are reaching for stimulants. When cigarettes, coffee and energy drinks do not help...

In the post-industrial era of business a growing emphasis on services is paid. Other sectors are loosing their share on creation of the gross domestic product. One of the most interesting services is a film screening, which has more than a century of tradition through tremendous growth,...

Potential source of competitive advantage can be found everywhere. Each company division, subdivision or different company level has its own functional role which has to be defined and understood. Source of the competitive advantage is basically a number of activities during design, production,...