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'
We look to organizations that use resources to identify various objectives of different operational offices, resulting in the outputs and outcomes of shareholders' satisfaction, recognizing the objectives of the organization, and acting in accordance with the law and in accordance with moral principles
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
Summary
'effectiveness' and 'ability' are not merely about 'doing the right things' and 'doing things'. International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470 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. Management control systems are always effective, in design or in terms of implementation. These systems only increase the likelihood of achieving institutional goals of efficiency, efficiency, accuracy of financial statements and compliance. Management controls should be merged or built into the company's programs These built-in control systems influence company's ability to achieve its goals and help improve the quality of its business activities. Information systems are not effective without proper communication between different levels of operating system. Two types of communications internal conversations and external dialogues - occur in any organization
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