Modern Control Techniques
Besides the traditional techniques of budgetary control and standard costing, there are several other techniques of control …
Besides the traditional techniques of budgetary control and standard costing, there are several other techniques of control …
The control function of management is a systematic effort to set performance standards with planned objectives, to compare a…
For effectiveness, it is important to decide on the critical areas where control should be exercised. There are many advanta…
The limitations of control are discussed below. 1) No control over external factors: Control is intended to be exercised o…
To be effective and to serve its purpose, the system of control must satisfy certain requirements. These may be regarded as …
Controlling is the final step in the process of comparing actual performance with the plans and taking steps to initiate cor…
The necessity of control in business organisation cannot be over-emphasised. Proper control smoothens the working of an orga…
Control is a device or a procedure which keeps the manager informed as the activities for which he is responsible and which …
Control may be defined as the process of analysing whether actions are being taken as planned and taking corrective measures…
Although there are certain limits to the span of control, the tendency in recent years has been to avoid specifying absolute…
The term ‘span of control’ is also known as ‘span of supervision’ or ‘span of authority’. Simply stated it refers to the num…
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