Tag: Management Control System

Objectives of management control system (MCS)

Topic Accounting, Topic Business Administration, Topic Human Resource Management, Topic Management, Topic Solutions, , , wazed

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 …

Management Control System & Elements of a simple control system.

Topic Accounting, Topic Business Administration, Topic Human Resource Management, Topic Management, Topic Solutions, , , wazed

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 …