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Management Control Meaning In Bengali
Management Control শব্দের বাংলা অর্থ কি: ব্যাবস্থাপনা পরিচালনা
Management Control
Definition
1) The process of monitoring and regulating the activities of a company or organization to ensure that goals are met and resources are used efficiently.
2) A system or set of procedures put in place by management to guide and oversee the operations of a business or department.
3) The exercise of authority and direction by management to achieve organizational objectives and ensure adherence to policies and procedures.
Examples
Management Control Example in a sentence
1) The company uses management control to monitor expenses and ensure cost-effectiveness.
2) Effective management control helped the team meet project deadlines.
3) The lack of management control led to budget overruns and delays.
4) Management control systems are put in place to maintain quality standards.
5) The CEO implemented new management control measures to improve productivity.
6) Employee training is essential for a successful management control program.
7) The board of directors reviews management control reports regularly.
8) Strong management control is crucial for risk management in the financial sector.
9) The software company relies on management control to track software development progress.
10) Periodic audits are conducted to assess the effectiveness of management control measures.
Synonyms
Encyclopedia
The process of monitoring and regulating the activities of a company or organization to ensure that goals are met and resources are used efficiently.
A system or set of procedures put in place by management to guide and oversee the operations of a business or department.
The exercise of authority and direction by management to achieve organizational objectives and ensure adherence to policies and procedures.
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