Final answer:
To be effective, control systems must keep performance standards flexible and easy, use multiple control approaches, and be acceptable to all stakeholders.
Step-by-step explanation:
To be effective, control systems must:
- Keep performance standards flexible and easy: Control systems should allow for adjustments and modifications to performance standards to accommodate changes in the business environment.
- Use multiple control approaches: Different situations may require different control approaches. By using multiple control approaches, organizations can tailor their strategies to address specific needs.
- Be acceptable to all stakeholders: Control systems should take into account the interests and concerns of all stakeholders, including employees, customers, and shareholders.