Question : The responsibility for performance is one of the difficulties in a decentralised organisation. Better control systems are being developed by corporate enterprises in response to this challenge. Find such a control system (s).
Option 1: Balance score card
Option 2: Critical Point Control
Option 3: Management by Exception
Option 4: None of the above

Question

Question : The responsibility for performance is one of the difficulties in a decentralised organisation. Better control systems are being developed by corporate enterprises in response to this challenge. Find such a control system (s).

Option 1: Balance score card

Option 2: Critical Point Control

Option 3: Management by Exception

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: Balance score card

Solution : A system called the balanced scorecard approach is intended to break down the company's mission statement into manageable, achievable goals. Hence, the correct option is 1.

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Related Questions

Question : According to this, control system should focus on its key result areas, which are critical to the overall performance of an organisation.

Question : According to this principle of management control, managers should give attention to significant deviations, which go beyond the permissible limit.

Question : "Keeping an eye on each and every operation in an organisation is neither cheap nor simple. Which managerial control idea or technique was highlighted above?

Question : ________ is a crucial management control theory based on the idea that trying to control everything only leads to controlling nothing.

Question : "In all activity, some variation in performance is to be expected. Determining the allowable range of deviations is crucial, for this reason. Additionally, variations in important areas of the business require more immediate attention than deviations in a few minor

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