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What is Key Elements of Management Control about?
Control involves regulating organizational activities to keep performance within acceptable limits and adjust it to goals. It has four main purposes: adapt to the environment, limit resource accumulation, cope with organizational changes, and minimize risks. There are different types of control including physical, human, information, and financial resource controls. Control also occurs at strategic, structural, operational, and financial levels. The control process involves establishing standards, measuri
- Author
- tanvir09
- Language
- EN