Professional Documents
Culture Documents
MCS
MCS
ON
ICFAI UNIVERSITY,TRIPURA
Submitted to:
Rajdip Mazumder
18IUT016004
MBA 2nd year
INTRODUCTION TO MANAGEMENT CONTROL SYSTEM
Management:- Management is the science and art of getting people
together to accomplish desired goals and objectives by coordinating and
integrating all available resources efficiently and effectively.
Control: - According to Harold Koontz Controlling is the measurement
and correction of performance in order to make sure that enterprise
objectives and the plans devised to attain them are accomplished.
System: - A system is a collection of elements or components that are
organized for a common purpose. It can also be defined as a set of things
working together as parts of a mechanism or an interconnecting network;
a complex whole.
Communicating information.
Evaluating information.