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Principles of Management

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Muhammad Akram
Muhammad Akram
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Control Process The process of measuring actual performance, comparing it against a standard, and taking managerial action to correct deviation or inadequate standard
[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Feed forward control ,[object Object]
Feed back Control ,[object Object]
Concurrent Control ,[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
Bureaucratic Control ,[object Object]
Clan Control ,[object Object]
Organizational Control The systematic process through which managers regulate organizational activities to make them consistent with expectations established in plans, targets and standard of performance.
Standards ,[object Object]
Types of Standards ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Physical Standards ,[object Object]
Cost Standards ,[object Object]
Capital Standards ,[object Object]
Revenue Standards ,[object Object]
Intangible Standard ,[object Object]
Goal Standards ,[object Object]
Strategic Standards ,[object Object]
Requirements of Effective Control ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Qualities of Effective Control System ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Dysfunctional Control ,[object Object],[object Object],[object Object],[object Object]
Control Tools & Techniques ,[object Object],[object Object],[object Object],[object Object]
Information Tools ,[object Object],[object Object]
Financial Tools ,[object Object],[object Object]
Analytical Tools ,[object Object],[object Object],[object Object]
Traditional Tools ,[object Object],[object Object],[object Object],[object Object]
Budget ,[object Object]
Types of Budgets ,[object Object],[object Object],[object Object],[object Object],[object Object]
Popular Financial Ratios ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Principles of Management

  • 1. Control Process The process of measuring actual performance, comparing it against a standard, and taking managerial action to correct deviation or inadequate standard
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  • 12. Organizational Control The systematic process through which managers regulate organizational activities to make them consistent with expectations established in plans, targets and standard of performance.
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