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Management Control Systems - Principles and Practices (Paperback)
Loot Price: R605
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Management Control Systems - Principles and Practices (Paperback)
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This compact and concise textbook, in its second edition, gives
clear analyses of the principles and practices of management
control systems being practised by the companies all over the
world. Divided into seven sections, the book explains various
approaches and designs of management control system. It then moves
on to give a detailed description of key success variables as
control indicators and explains goals, strategies and organization
for adaptive control, divisional autonomy and responsibility. While
describing the management tools and processes, the book explains in
detail, the strategic planning and programming processes, budgeting
and budgetary control, standard costing and variance analysis,
transfer pricing, reward system and management control of
operations. The new edition is thoroughly updated and a new chapter
on Managerial Decision-Making is added to it. The chapter is added
to demonstrate with examples how managerial decisions are taken by
the organizations as a part of management control exercise by the
application of marginal costing techniques. Primarily intended for
the postgraduate students of management, the book can be equally
beneficial for the commerce students, researchers, accounts
professionals, and corporate policy and decision makers.
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