Sunday, June 22, 2014

.What are the important elements of an effective control system?

It is very important to make the controlling system effective to get increased output and enhance efficiency.Following are the essentials to make controlling effective:
  • Reflecting organizational needs:
  • In congruence to individual managers and their responsibilities.
  • Capable of pinpointing major deviations:
  • Objectivity in controlling:
  • Flexibility in controlling:
  •  Economical controlling:
  • Forward looking

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