Discuss elements of control in management control system
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Management control system
1 Management Control System MMS-IV Manjiri Dighe.
2 Elements of management control system Strategic Planning, Budgeting, Resource Allocation, Performance Measurement, Evaluation And Rewards, Responsibility Center Allocation And Transfer Pricing.--
The four basic elements in a control system:
the characteristic or condition to be controlled.
the sensor.
the comparator.
the activator.
1 Management Control System MMS-IV Manjiri Dighe.
2 Elements of management control system Strategic Planning, Budgeting, Resource Allocation, Performance Measurement, Evaluation And Rewards, Responsibility Center Allocation And Transfer Pricing.--
The four basic elements in a control system:
the characteristic or condition to be controlled.
the sensor.
the comparator.
the activator.
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Explanation:
There are generally five elements of a corporate entrepreneurship management control system. Planning what is desired. Establish clear goals and objectives. Establishing standards of performance.
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