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Management control is a
systematic effort to set
performance standards with
planning objectives, to
design information feedback
systems, to compare actual
performance with these
predetermined standards, to
determine whether there are
any deviations and to
measure their significance,
and to take any action
required to assure that all
corporate resources are
being used in the most
effective and efficient way
possible in achieving
corporate objectives.
Management can implement
controls before an activity
commences, while the
activity is going on, or
after the activity has been
completed. The three
respective types of control
based on timing are
feedforward, concurrent, and
feedback.
Feedforward control focuses
on the regulation of inputs
(human, material, and
financial resources that
flow into the organization)
to ensure that they meet the
standards necessary for the
transformation process.
Feedforward controls are
desirable because they allow
management to prevent
problems rather than having
to cure them later.
Unfortunately, these
controls require timely and
accurate information that is
often difficult to develop.
Feedforward control also is
sometimes called preliminary
control, precontrol,
preventive control, or
steering control.
However, some authors use
term "steering control" as
separate types of control.
This types of controls are
designed to detect deviation
some standard or goal to
allow correction to be made
before a particular sequence
of actions is completed.
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Types Of Control
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Feed forward Control
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Concurrent Control
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Feedback Control
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Multiple Controls
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Managerial Approaches
To Implementing Controls
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Market Control
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Bureaucratic Control
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Clan Control
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The Primary Types Of
Organizational Control
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Strategic Control
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The Importance Of Strategic
Control
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Management Control
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Operating Control
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Differences Between
Strategic And Operational
Control
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Measurement:
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Analysis:
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Action:
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Implications For Information
Systems
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Implications For Controlling
Formal Plans
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