Control in management is crucial as it ensures that organizational activities align with established goals and standards. It involves monitoring performance, comparing it with the desired outcomes, and taking corrective actions when necessary. This process helps in minimizing errors, optimizing resource use, and enhancing overall efficiency. Ultimately, effective control contributes to achieving strategic objectives and maintaining organizational stability.
The relevance of system approach has approached because of two reasons :1. The increased complexity of business and 2. The increased complexity of management.
history and relevence of quantitative technique in business management
power and affiliation and achievement
Power, achievement, and ambition
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.
is scientific management relevance today? it is still applied today in modern technology.
What are the issues addressed in consideration of earning management and what is their relevance in pursuing shareholders wealth?" What are the issues addressed in consideration of earning management and what is their relevance in pursuing shareholders wealth?"
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Rationalization
The relevance of system approach has approached because of two reasons :1. The increased complexity of business and 2. The increased complexity of management.
relevance of cost & management accounting in the current global economic melt down situation.
history and relevence of quantitative technique in business management
motivation theory identifies which three needs as having special relevance for management
Systems, particularly in relevance with the field of management human organizations are taken into account as systems.
relevance of du-pont control chart to the industry?
Power, achievement, and ambition
power and affiliation and achievement