Management Control free essay sample

An analysis of the importance of management control through a sound theory of control and overall operating strategy. This paper discusses the importance of management control to the running of any business and examines how the process of control has changed with the introduction of the internet. We will write a custom essay sample on Management Control or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Factors affecting effectiveness of management control, elements of the control system, key management control activities and the Internets effect on management control systems are detailed. Doing business is simply mathematics by other means all a question of keeping equations in balance on both sides. Labor must be balanced with capital. Resources with allocation. Customers with services or goods. Workers with rewards. The only way that such balances can be instituted and maintained is through a system of management control. At the heart of any well-run business operation is a sound theory of control and overall operating strategy. This paper looks at the importance of management control to the running of any business and examines how the process of control has changed with the introduction of the internet.