Page 14 - principles of management new_Neat

 Control over capital available in concern
 Control over capital expenditure

 Control over production
 Control over wages and salary paid to the employees
 Control over the cost of production
 Control over public relations

 Control over research and development
 Control over tools and equipment
 Over all control

10 MARKS

1. ELLABORATE ON CONTROLLING TECHNIQUES?

 Statistical control reports
 Personal observation

 Cost accounting and cost control
 Break even analysis
 Standard costing
 Return on investment

 Internal audit
 Performance evaluation and review techniques(PERT)
 Critical path method(CPM)

 Production control
 Management information system
 Zero base budgeting

2. EXPLAIN THE CHARACTERISTICS OF CONTROL?
 Controlling process

 Universal
 Forward looking
 Dynamic process
 Control involves management

 Influencing factor
 An essence of action