A management control system mcs is system which gathers and, Ask an Expert

Management Studies

A management control system (MCS) is system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole in light of the organizational strategies pursued.

Please describe one of the ways control can be managed successfully and include why your chosen control system is important.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91627403

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 how does purchasing impact the supply chain process and

1. How does purchasing impact the supply chain process and why is it important? 2. What similarities or differences exist between the Skills and Behavioral approaches to leadership? 3. Of the Anglo-Saxon, Asian, and Cont ...

Many supermarkets and other large retailers now offer

Many supermarkets and other large retailers now offer self-checkout systems that encourage customers to scan, pay for, and bag their merchandise themselves. These systems allow the store to place employees in other areas ...

Your primary care physician operates a sound business

Your primary care physician operates a sound business practice that, at times, seems to suffer from several forms of waste. In your role as a dedicated patient engaged in the study of operations management, you are in a ...

Collapsewhat have you learned about ethical policies of

COLLAPSE What have you learned about ethical policies of responsibility and the interrelationship between corporate governance and corporate social responsibility? Why is it important for companies to take accountability ...

Quickie mart corporation q-mart was a corporation located

Quickie Mart Corporation (Q-Mart) was a corporation located in Springfield. The company was audited by Ditchit, Quick and Hyde (Ditchit), a national CPA firm that prepared audited financial statements for the company. Th ...

The crystal company is a software developer with prod- ucts

The Crystal Company is a software developer with prod- ucts in the payroll and personnel records areas. Joshua and Alyson Bennett started the company fifteen years ago. The Bennetts both have significant experience in pr ...

Because many aspects of health care operations are changing

Because many aspects of health care operations are changing, health care administrators oversee a wide variety of projects. These can include logistical projects such as moving a department to a new facility, technology- ...

Complexity is the key this phrase sums up the niche filled

Complexity is the key. This phrase sums up the niche filled by modern travel agents. As someone who lives overseas and travels extensively, I can certainly vouch for this. I would never use a travel agent to book my flig ...

A michigan state law requires the use of snow tires if more

A Michigan state law requires the use of snow tires if more than 4 inches of snow falls per hour. Paul, an Illinois driver owns a car where snow tires cost $1000 per tire so Paul decides not to purchase them. Last month ...

The supervisor at the precision machine shop wants to

The supervisor at the Precision Machine Shop wants to determine the staffing policy that minimizes total operating costs. The average arrival rate at the tool crib, where tools are dispensed to the workers, is 5 machinis ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert