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What is Management Control Systems Overview about?
A management control system influences organizational behavior to implement strategies. It measures performance of human, physical, financial, and organizational resources against strategies. While controls aim to improve performance, too many can stifle creativity. Effective divisional performance measurement balances financial and non-financial metrics over short and long terms. It assesses divisions objectively and subjectively on predetermined goals. The balanced scorecard captures perspectives of stake
- Author
- Anjana P
- Language
- EN