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3 Cards in this Set
- Front
- Back
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Management control systems |
The process a manager uses to influence members of organisation to implement strategies. Strategic control: doing the right things. Less strict. Uses external data. Operational control: doing things right. Formal and precise. Uses internal data for decisions. |
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Balanced scorecards |
Translate vision into mesureable things (KPIS) Integrate actions within company. Benchmark vs other companies and divisions. Make the links in the business system clear. |
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Balanced scorecards vs financial control |
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