difference between modern and traditional techniques of controlling
Statistical Control Reports Break Even Analysis PERT CPM
People often use strong language and a persuasive tone, in order to control someone. People may also use torture to control someone as well.
There are seven basic managerial concerns/skills in business. They are planning, organizing, commanding, coordination, control, effectiveness, and foresight. All of these must be balanced and effective in order to successfully run a business.
Define staregic control and financial control
Only postaction can be abolished if and when needed
Statistical Control Reports Break Even Analysis PERT CPM
One disadvantage of traditional control techniques often create distance between managers and employees. Modern control techniques have the disadvantage that they can create ambiguity in roles. The advantage of traditional control is that is creates a sense or order.
The advantages of control techniques are that they can be effective at managing behavior. One disadvantage is you risk losing the person's respect.
under Traditional management ownership and management/control stay with the same persons. In Professional management, ownership and management may differ. ex: Take Joint stock companies - Owners are the shareholders whereas the management is taken care by managerial personnel who are professionals
1) personal observation 2) statistical report 3) break even analysis 4)budgetary control
Quantitative Approach provides us the mathematical & statistical, tools & techniques to optimize the managerial decision making in the areas of plaining and control. such as budgeting, scheduling, quality control etc. Normally following techniques are used Critical Path Method (CP). Linear Programming (LP). Greedy Strategy (GS). Queuing Theory. Economical Model. . . . . . etc. By UT
Different techniques
People often use strong language and a persuasive tone, in order to control someone. People may also use torture to control someone as well.
to control the organization
techniques of monetary control of rbi
Plan Organize Communicate Direct Control
how cost planning techniques are used to control the costs of a construction project