Discuss the types of controls you and your friend would use and the control processes the two of you would implement as the new owners of the company. Control processes that should be implemented Cyber ​​Control System It is defined as a self-regulating system in which performance standards are determined, once operational it is possible to automatically monitor the situation and take corrective action. (Pacific Rim management focus Bartol, Tein, Matthews, Martin 4th edition). Cybernetic control makes comparisons between standards performance and actual performance, and feedback provides information about variations. The cybernetic control model is associated with achieving efficiency in mechanistic organizations (Brownell 1987) characterized by formal rules, standardized operating procedures, and routines. This type of control is more suitable for the company because the control reduces human discretion and therefore saves time. Cybernetic control is best suited for large inventories as it can place orders when the inventory reaches a specified level (Bartol et al 4th edition). It is simply not possible for managers to carry out this process in a large inventory. Managerial Approaches to Implementing Controls Bureaucratic Control Approach Bureaucratic control is the use of written rules, policies, hierarchy of authority, standardization, etc., to standardize and control employee behavior. (Bartolo et al). this type of approach emphasizes fixed duties and narrow limits...