Management Control

Management Control

Management control framework (MCS) is a framework which accumulates and utilizes data to assess the presentation of various authoritative assets like human, physical, money related and furthermore the association all in all considering the hierarchical systems sought after. Controlling can be characterized as that capacity of the board which assists with looking for arranged outcomes from the subordinates, chiefs and at all degrees of an association. The controlling capacity helps in estimating the advancement towards the authoritative objectives and brings any deviations, and demonstrates restorative activity. Controlling is the administrative elements of arranging, staffing, sorting out, executing and coordinating. It assists with checking the mistakes and make the restorative move, so it is known as a significant capacity of the executives. It is important to guarantee that the ideal outcomes are accomplished.


Last Updated on: Nov 25, 2024

Global Scientific Words in Business & Management