Management systems have three basic components

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A system consists of parts or elements that are interconnected resulting in a whole that produces a unique behavioral pattern over time (Meadows, 2008). Management systems have three basic components: Planning, control, and feedback. Examine and analyze the relationship among these components and determine their relevance to management uaing relevant data on budgets (any type of budget), standards, and variance analysis as well as visual maps and examples in supporting your discussion.

Reference no: EM131295103

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