Thursday, 30 December 2010

NEXT POST
Control Objectives Adapting to the changing environment may be the key to development of the company. The objectives of the company will also determine the management control system, depending on profitability, growth, social and environmental, etc. The structure of the organization, as functional or divisional, involves setting different variables, and thus control systems and targets also different. The size of the company is directly related to centralization. As the volume increases decentralization is needed, with more amount of information and increasing complexity in decision making. Finally, the culture of the company within the meaning of human relationships in the organization, is a key determinant of management control, not to mention the system of incentives and motivation. As Mira Navarro also recalls an aspect that is important to note, is that management has made clear what are the purposes of management control? About This state: The ultimate goal of management control is the efficient use of available resources to achieve the objectives. However, we can realize other more specific purposes such as: Report. It consists of transmit and communicate the necessary information for making decisions. Coordinate. Try to route all activities effectively to the achievement of objectives. Evaluate. The achievement of goals (targets) is achieved through people, and their assessment is demonstrating the satisfaction of accomplishment. Motivate. The momentum and support for all responsible are crucial for achieving the objectives Some basic considerations Management must be clear some considerations to keep in mind when setting the controls as: Control is connect to each target and strategies of the company, so it is possible to project the company into the future It requires a set of performance indicators to measure deviations, comparing actual results and planned results, so to guide and evaluate the behavior of each area in terms of efficiency, effectiveness.
PREVIOUS POST
Money Management I usually have a target goal of 15% a month with a moderate risk / low for average accounts, a 25% for aggressive profiles and small accounts and 8% for large accounts. . . and then if the result of market conditions and the behavior of each estratregia rendimientoa out more. . . much better for everyone. 7) Is there a factor that depends on us to be successful when making trading or use a Forex Robot? If we act like ourselves Traders operating directly on the market, we need a good strategy, but mostly we need a good "Money Management" (money management). On the personal side keys are: PATIENCE and DISCIPLINE controlled emotions. The reality is that many people will never win in the Forex while having a good strategy, because they lack the latter personal characteristics. A Forex Robot, fortunately can be scheduled inside UNAA successful strategy and we can be sure that I personally tienea characteristics we should have. That is what not to do with these so-called autopilot Forex robots? Normally, users tend to change the parameters of the robot in an attempt to get more performance, particularly those that affect the risk, lots or money management. . . that can jeopardizes the stability of the account at any given time. Ideally it is best to know the Forex know which is the basic operation of the Robot, and follow emergency action manually. 9) What advice would you give to novice traders? For the first tip is to train, even if you are using a Forex robot which we know will work for us.