
CASH FLOW By cash flow, we simply mean the difference between the number of dollars that came in and the number that went out. For example, if you were the owner of a business, you might be very interested in how Read More …
CASH FLOW By cash flow, we simply mean the difference between the number of dollars that came in and the number that went out. For example, if you were the owner of a business, you might be very interested in how Read More …
1. Definition of Treasury Securities: Treasury Securities consist of debt instruments issued by the U.S. government by the Bureau of Public Debt. Therefore, the market for these instruments is very liquid. Oftentimes, consider them to be basically risk free. This Read More …
Distunguish between strategy formulation and management control. a) Strategy formulation is the process of deciding on new strategies where as management control is the process of implementing those strategies. b) From the viewpoint of system design, strategy formulation is unsystematic Read More …
Contrast Task control with management control. a) Many task control systems are scientific whereas management control can never be reduced to a science. b) In management control, managers interact with other managers ; whilst in task control, either human beings Read More …
Contrast management control system with simple control system. / How management control system can be distinguished from simple control system? The control processes used by the managers contain the same elements as those in the simpler control systems. However there Read More …
What are the boundaries of management control and make comparison among them? Management team needs both planning and control which lengthen the boundaries of management control. a) Management control fits between strategy formulation and task control in several respects. b) Read More …
What purpose management control system fulfills? / What are the objectives of management control system? Control is one of the important functions of management. Control ensures the proper execution of these functions. The manager exercise certain degree of control over Read More …
What is management Control system? A management control system is a system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole in the light of Read More …