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Definition A Managem: ND Nature of Ent Control
Definition A Managem: ND Nature of Ent Control
Definition A Managem: ND Nature of Ent Control
MANAGEMENT CONTROL
PART ONE
DEFINITION
ACTIVITIES
CONTENTS
NATURE OF
MANAGEMENT
CONTROL
DEFINITION
OF
MANAGEME
Management control descri
bes the means by which the acti
ons of individuals or groups withi
n an organization are constraine
MANAGEMENT C
ONTROL d to perform certain actions whil
e avoiding other actions to achie
ve organizational goals.
Management control is
the process by which mana
gers influence other memb
MANAGEMENT C ers of the organization to i
ONTROL
mplement the organizatio
n’s strategies.
MANAGEME
NT
Planning what the organization s
hould do
Coordinating the activities of sev
MANAGEMENT CONT eral parts of the organization
ROL
ACTIVITIES Communicating information
Efficient and effective performan
ce of individual tasks
Strategy
Formulation Management contro
l
Evaluating information
MANAGEMENT CONT
ROL Deciding what, if any, action sho
ACTIVITIES uld be taken
Influencing people to change thei
r behaviour
NATURE OF
MANAGEMENT
CONTROL
1. Control is a Function of Ma
nagement: