profit centre is responsible for
a) cost incurred
b) total investment
c) revenues earned and cost incurred
which one of th following is th objective of fiscal responsiblity and budget management act ?
The control of capital expenditure in a business organization is organizational control. This is often implemented through a budget program.
The nature and objective of business policy are both formulated as plans and determined by a business organisation.Objective is the end to a plan while policy is the mode and manner to reach the objective. A business policy is: guidelines that facilitate to reach a predetermined objective both in mode and manner formulated from the top to the lower level management while Objectives are the endpoints to a plan.
a. Control Summary Records
online newspaper
Management is a process of forward planning, decision making, co-ordinating, communicating and motivating the subordinates to achieve the objective of an organization.
components of control system
Management control system of state bank of India
the purpose of a control system is to manage
Some advantages of using a construction management system is that they provide an objective representation to protect the projects best interest. They can reduce overall production cost. The company would have centralized communication and enhanced quality control.
One disadvantage of the management control system is a lack of standard control. Another disadvantage is there is no room for change and low employee morale.
Financial management is a discipline that allows manages and others to be more in control of their finances. They get to learn how to invest and make profits.
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Objective Risk Management is not a common term in Risk Management, it's mainly used by companies to promote their Risk Management services by adding the word "Objective" to it. It has no specific meaning.Answer: Risk management is Assessment of risks that arise and then taking safety measures in place to control them and then making sure they work in practice. Its primary objective is to help the daily decision making and implementation process by identifying and managing the uncertainities.
Main objective of Strategic Management is to increase profitability
The effectiveness of quality management system is seen mostly in the final product. The main objective of quality management system is to ensure that products meet the set standard of quality before being released into the market.
what is ineffective control measures