Question
Rick is lead scientist for X Ltd, a pharmaceutical company that is working on aCovid-19 vaccine. Developing avaccine requires a great deal of trial and
Rick is lead scientist for X Ltd, a pharmaceutical company that is working on aCovid-19 vaccine. Developing avaccine requires a great deal of trial and error, creativity, and there is no guarantee of project success. Indeed, in more general pharmaceutical production, only about 1 in 10,000 projects are ultimately successful.
Required:
(a) The CEO of X Ltd is concerned about Rick's performance on theCovid-19 project, costs are high and there is no guarantee of success. The CEO wants toimplement a control system to measure Rick's performance.Evaluate the use of"Action Controls"as part of a control system to assess Rick's performance.
(b) The CEO of X Ltd is concerned about Rick's performance on theCovid-19 project, costs are high and there is no guarantee of success. The CEO wants toimplement a control system to measure Rick's performance.Evaluate the use of"Personnel Controls"as part of a control system to assess Rick's performance.
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