A Case Study in Management Control Systems: Wayside Inns

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Essay #: 052456
Total text length is 8,946 characters (approximately 6.2 pages).

Excerpts from the Paper

The beginning:
A Case Study in Management Control Systems: Wayside Inns
Immediate issues or problems
The immediate concern appears to be the idea of a proposed expansion to a hotel run by Layne Rembert. Mr. Rembert is worried because expansion at another site in Toledo has lowered the return on investment for that property; he is troubled by what the expansion will mean for his incentive compensation and for his 1992 income. As it stands, the planned expansion will be in place by the end of 1992 (“the management control process,” 566). Clearly, a decision has to be made shortly about whether the expansion is really a good idea.
Associated issues
It must be asked what other issues might impact the decision. Put simply, one issue, surely, is that the...
The end:
.....olving a Wayside Inns property.
Monitor and control
Regularly scheduled meetings, quarterly inspections, frequent phone conversations and budget updates every few months should suffice; the company has been successful in the past with an orthodox approach so why change now?
Bibliography
“CEDCO begins Mill Casino-Hotel expansion.” Indian Gaming, 16.9(2006): 63.
“Company news; trump plaza cleared for $21 million expansion.” New York Times, 30 Oct. 1992: 3.
“Juergen Bartels: Hotel expansion on a grand scale.” BusinessWeek, 17 Nov. 1986: 119.
“The Management control process.” Pp.566-573(?) (additional information not provided).
Volpe, Michael. “Newport Hyatt plans $50 million hotel expansion.” Orange County Business Journal, 24 Nov. 2008: 3-42.