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Administration controls are performance measurement systems e.g. Management accounting 'exceptionreporting' systems which compare actual performance to a predetermined target, goal, standard etc. Illustrations include strategic control tools like gap analysis, budgetary controlsystems e.g. variance analysis or staff appraisal systems to monitor the performance of staff. Each organisation needs a plan and with measurable objectives to attain it. Control is essential to make sure what is intended actually comes to be. The aim of a good control system is to ensure that the right things get done, so there has to be some kind of plan, standard, budget, rule book or any other target to adhere to. Control is dependent on the receipt and processing of information in the first place to determine what measures are needed, then further information (or feedback) about actual performance to ensure targets or deliverables are met.
Q. Describe about Interest cover? Interest cover = (Profit before interest and tax (PBIT)/ Interest payable) (no. of times) Interest cover shows the safety of e
what is describe as strength and weakness in strategic planning
A new technique to strategic management was developed in early 1990's by Drs. Robert Kaplan (Harvard Business School) and David Norton. Kaplan and Norton explain the innovation of
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Ask question #Minimum 100 words accepted What is the value of studying the humanities in a business or technical curriculum? How might a topic such as ancient art enhance contempor
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Discuss the following quotation and please provide examples. Enterprise Architecture is an organising logic for managing change within an Information Systems environ
TFX is a multinational company which manufactures and retails branded designer clothing with business units in a number of different countries globally. Up unless now, each of the
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