Want this question answered?
merits and demerits of group dynamics
Merits of Management AccountingManagement Accounting helps in Budgeting by classifying and calculating costs and estimating the costs and revenues for the future. Management Accounting plays a major role in the internal decision making for the organization. Management accountants also find ways to manage the organization's resources in a better way by doing cost savings. Management Accounting makes it possible for the management to understand the needs of the organization and those of the different departments.Using Management Accounting is very important because it helps in managing the internal operations of an organization. Just as Financial accounting is vital for external investors and creditors, Management Accounting is important for the internal managers.
Management control is a systematic effort by business management to compare performance to predetermined standards, plans, or objectives. Task control is the management of tasks. Distinctions: Management control is similar throughout the organization. Task control varies throughout the organization. In management control, managers interact with other managers. In task control, no interaction between managers occurs, but there may be interaction between a manager and a non-manager. The focus of management control is on organizational units called responsibility center. The focus of task control is on specific tasks. Management control relates to activities that are not specified. Task control relates to specified tasks. The focus of management control is equally on planning and execution. The focus of task control is most on execution.
Importance of cost control in project management?
i think u r from IIBMS yes
does configuration management helps control shared information
Merits Ease of formation Open membership Limitd Liability Stability Democratic Management Social Utility Demerits Limited Capital Inefficient Management
Merits and de merits of chemical fertilizer?
merits of motorway? merits of motorway?
Management control system of state bank of India
does configuration management helps control shared information
One of the merits of multipurpose project of dams include source of energy and control over flooding. Demerits, on the other hand, include cost and potential outbreak.