Meaning, Characteristics, Significance and Types of Control System

1. PRINCIPLES OF
MANAGEMENT
ASSIGNMENT
VASIGARAN.S
21BBP055

2. Characteristics of a control system
A good control system
Should be flexible
Should be cost effective
Must be truly useful
Must satisfy the real needs of the
project
Must operate in a timely manner

4. SIGNIFICANCE OF CONTROL
1.Proper excution of
management control
2.Proper use of human and
material
3.Facilitates descision making
4.Maintains discipline
5.Improve morlae
6.Increases output
7.Effectiveness

6. Types of control techniques
1.Budgetary control
2.Standard Costing
3.Financial ratio Analysis
4.Internal audit
5.Statistical control

8. Thankyou