Abstract
The Realization and Effectiveness of Management Control Systems in India
Highlights
On the other hand, 'effectiveness' and 'ability' are not merely about 'doing the right things' and 'doing things'
The set of intrinsic communication structures that facilitate information processing for managers to assist the managers in the coordination of components and on a persistent basis is called management control system
The purpose of the proprietary control system is to coordinate the components of the organization and to carry out the steering of sections to achieve goals and goals for accomplishment of its overall purposes
Summary
'effectiveness' and 'ability' are not merely about 'doing the right things' and 'doing things'. At all levels and on all the programs of the organization, the greatness of the execution requires a 'dual-loop practice' - in accordance with the setback and changes in the aggressive manner Often, this adaptation is required on a number of topics, such as strategy, construction, systems and culture. In order to ensure that the company achieves its objectives, management control will have to solve all its sub-systems. As a good plan starts well, good regulatory system should be in place to achieve success in organizations. Merchant and Ottley (2007), the main intent of the Management Control System, has been identified as information management for planning, evaluation and decision making in company management quarterly off-site review. Two types of communications internal conversations and external dialogues - occur in any organization
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