The Importance of Management Control on the Organisation Research Paper

The greatness of Management Control on the Organisation - Research Paper ExampleThis paper illustrates that management sway was defined as the process by which managers assure that resources are obtained and used effectively and efficiently in the accomplishment of the transcriptions objective. The twin objectives of efficiency and effectiveness are obvious and as to which should be given up importance betwixt is silent on the definition and this is one of the issues that this paper will tackle. It may be seen in the definition that the accomplishment of both effectiveness and efficiency are necessary if management misrepresent is to be considered as such. Accomplish both objectives are easier said done. Effectiveness may refer to acquiring things done but in so doing the same may result in inefficiency as the latter(prenominal) concept has something to do with cost-effectiveness or doing something at the least cost. The need therefore to strike the balance between the two obje ctives becomes necessary. Just like any other concept which evolves over time, management controls definition was later found modified in the light of the bigger role that it plays in organization management by connecting the control systems within go acrossing strategy. Thus, after about three decades after the definition make earlier, management control was defined as the process by which managers influence other members of the organization to implement the organizations strategies. One cannot discuss therefore the concept of management control without regard for the correct organizations strategies. Strategies, of course, may have its basis from external and internal environments of the organization. By dealing with strategies it would, therefore, expand the traditional or limited definition of management control. Management control necessarily connotes measurable objectives to attain and therefore chronicle information which is quantitative in character and therefore measurabl e should be easily accepted as part of the concept of control.