managementcontrol 150506055614 conversion gate02

7/23/2019 Managementcontrol 150506055614 Conversion Gate02

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MANAGEMENT CONTROLJE

SSSICA

P.

GUT

IERREZ

Preparedby:

Control Manageent ControlSy!te

Manager"al#$n%t"on


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CONTROL&"! t'e pro%e!! o( g$"d"ng a !et o(

)ar"able! to atta"n a pre%on%e")ed

goal or ob*e%t")e!. It "! a broad%on%ept appl"%able to people+t'"ng!+ !"t$at"on!+ and

organ",at"on!.&-to deter"ne t'e be'a)"o$r or

!$per)"!e t'e r$nn"ng o(+ toa"nta"n+ "n$en%e or a$t'or"tyo)er...to re $late.../


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MANAGEMENT

CONTROL

&t'e a%t"on! $!ed by t'e

anageent to g$"de people+a%'"ne!+ and ($n%t"on! to atta"norgan",at"onal goal! andob*e%t")e!.


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MANAGEMENTCONTROL S0STEM&an organ",ed !y!teat"% pro%e!!

and !tr$%t$re t'at anageent$!e! "n anageent %ontrol.


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T'e Nat$re o( Control

An organ",at"on o( anager! and1or2er! $!t be ot")ated andg$"ded to do t'"ng! "t! leader!

1ant "t to do and $!t be%orre%ted 1'en "t depart! (rot'e p$r!$"t o( anageent goal!.

I( anageent lo!e! %ontrol andt'e organ",at"on goe! o$t o(%ontrol+ $nde!"rable t'"ng!'appen to any people.


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3E#INITIONS O# MANAGEMENTCONTROL

&is one of the managerial functionslike planning, organizing, stang

and directing. It is an importantfunction because it helps tocheck the errors and to take thecorrective action so that

deviation from standards areminimized and stated goals oforganization are achieved in

desired manner.45"2"ped"a6


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&Control of an undertaking consistsof seeing that everything is beingcarried out in accordance withthe plan which has been adopted,

the orders which have beengiven, and the principles whichhave been laid down. Its object is

to point out mistakes in orderthat they may be rectied and

prevented from recurring

47enry #ayol+8986


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Control is checking currentperformance against pre

determined standards containedin the plans, with a view toensure ade!uate progress andsatisfactory performance.

4Ed1ard #ran%"! Leopold ;re%'6


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& "anagement Control is theprocess by which managersin#uence other members of theorganization to implement theorganization$s strategies.

4Robert N. Ant'ony+6


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"anagement control is concerned with coordination,resource allocation, motivation, and performance

measurement. %he practice of management controland the design of management control systemsdraws upon a number of academic disciplines.

&. "anagement control involves e'tensivemeasurement and it is therefore related to and

re!uires contributions from accounting especiallymanagement accounting.

(. It involves resource allocation decisions and istherefore related to and re!uires contribution fromeconomics especially managerial economics.

). It involves communication, and motivation whichmeans it is related to and must draw contributionsfrom social psychology especially organizationalbehavior.

A%%ord"ng to Ma%"ar"ello et al. 4899?6+


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Manageent Control Pr"n%"ple!

8. Pr"n%"ple o( A!!$ran%e o( Ob*e%t")e& T'eba!"% p$rpo!e o( anageent %ontrol "! t'eatta"nent o( ob*e%t")e! doe! t'"! bydete%t"ng (a"l$re!+ "n plan!


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?. Pr"n%"ple o( #or1ard Loo2"ng. Control+ l"2e plann"ng!'o$ld be (or1ard loo2"ng. T'e pr"n%"ple "! o(tend"!regarded largely be%a$!e %ontrol 'a! been depend$p a%%o$nt"ng and !tat"!t"%al data "n!tead o( $pon(ore%a!t! and pro*e%t"on!.

. Pr"n%"ple o( 3"re%t Control. Mo!t+ %ontrol! $!ed todayare ba!ed on t'e (a%t t'at '$an be"ng a2e"!ta2e!. T'ey are o(ten $!ed a! "nd"re%t %ontrol!a"ed at %at%'"ng error!+ o(ten a(ter t'e (a%t. 5'eree)er "! po!!"ble+ d"re%t %ontrol! a"ed at pre)ent"ngerror! !'o$ld be $!ed.

. Pr"n%"ple o( Ree%t"on o( Plan!. Controll"ng "! t'e ta!2o( a2"ng !$re t'at plan! are %arr"ed o$t eFe%t")ely.T'ere(ore+ %ontrol te%'n"B$e! $!t ree%t t'e !pe%"%

nat$re and !tr$%t$re o( plan!.

>. Pr"n%"ple o( Organ",at"onal S$"tab"l"ty. A anageent%ontrol !y!te t t'e anage a$t'or"ty area and "t!'o$ld ree%t t'e organ",at"on !tr$%t$re.


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H. Pr"n%"pe o( Ind")"d$al"ty o( Control!.Control!be%oe eFe%t")e 1'en t'ey are %on!"!tent

1"t' t'e po!"t"on+ operat"onal re!pon!"b"l"ty+%opeten%e+ and need! o( t'e "nd")"d$al%on%erned.

9. Pr"n%"ple o( Cr"t"%al Po"nt Control!. 5'"le

eDer%"!"ng %ontrol+ a anager !'o$ld (o%$!attent"on on t'e (a%tor!+ 1'"%' are %r"t"%al toappra"!"ng per(oran%e.

8=. Pr"n%"ple o( A%t"on. Control "! a 1a!te o(t"e $nle!! t'e %orre%t")e a%t"on "! ta2en.Corre%t")e a%t"on ay "n)ol)e redra1"ngplan!+ reorgan",at"on+ repla%eent or tra"n"ngo( a !$bord"nate+ ot")at"on o( !taF+ et%.


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managementcontrol 150506055614 conversion gate02

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