Examlex
"Management control systems consist of formal and informal control systems." Briefly explain the formal and informal management systems and enlist their components.
Actual Performance
The real, observed outcomes or results achieved by an individual, team, or organization, often compared against planned or expected performance.
Control
The process of directing, monitoring, and adjusting resources and operations to achieve certain objectives.
Actual Performance
The real, observed results achieved by an organization or individual, contrasted with planned or expected performance.
Expand Activities
The process of increasing the scope, reach, or scale of a company's operations or projects.
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