StudentShare solutions
Triangle menu

Management Control System - Essay Example

Nobody downloaded yet

Extract of sample
Management Control System

superiors and subordinates) works together towards a goal. To work together requires every member of the organization to have a direct participation in every plans and actions that will be taken by the organization. Giving each member the right to speak out and express their views towards existing situations will eliminate the gap between superiors and subordinates, and will unite the two separate levels. It gives subordinates a feeling of satisfaction on their job by giving them a chance to play vital roles in administrative planning, thereby motivating them to be more productive on their work. Participative budgeting promotes respect to every member of an organization, thereby tightening working relations in the organization that is a key factor of an organization effort to attain their goals and objectives.
Budget Allocation is not an easy task. A reliable budget proposal comes out from proper analysis of the strategic and operational plans, which are submitted by key people of an organization. These plans are based on the current situation and need of every level of the organization. If each member is given the chance to decide on the expense and income of the organization, it is much easier to formulate more reliable budget plans. The procedure may take time conducting open forums or debates, but it will surely lead to a well-synthesized budget plan. Operational plans will become effective by emphasizing priorities.
Corruption is the biggest problem among organization. Through participative budgeting, there will be a clear statement of the allocation of resources, expenses, and transparent administrative procedures of how the plans are formed. Those who are in-charge of budget monitoring will be more accountable of their action to avoid mishandling of funds.
Goal Congruence and Responsible Management
Managers and members of an organization become more responsible for their departments as watchers of action plans, and budget analysts. Subordinate managers who are in direct control of everyday operation and who have direct knowledge of the every situation could enhance the planning process. By giving the subordinate managers to create their own budget, it opens the chance to subordinate managers to create a budget that would meet their department's goal resulting to higher degree of goal congruence.
Complexity in the budget could be minimized when every member of the organization work together to provide alternative solutions to problems.

2. Identify deficiencies in Scott Weidner's participative budgetary policy for planning and performance evaluation purposes. For each deficiency identified, recommend how the deficiency can be corrected.
1. Appropriation of target figure is done by superiors. Managers are not allowed to participate in setting the appropriation target figure.
Managers should be given the chance to participate in setting up the appropriation target. Managers are the one who knows the actual needs of their department, so they should be given the right to propose or give input for the setting up of the appropriation ...Show more


Participative Budgeting is a situation in which the population is given the right to participate in the formulation of plans, determining priorities, and other administrative procedures. The population, through an open forum or meeting, will define and decide on amounts of income and expense, where and when to invest, which are the priorities and which are the plans and actions to be developed or be performed.
Author : bbarrows
Management Control System essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Management Control System"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Design a management control system to measure the iphone's success as an established brand
The balanced scorecard (See Appendix A) breaks up the company’s strategy into four primary sections: finance, customers, processes, and employees. Within each section, an organization concentrates on various measures and specific targets to achieve identified objectives (Pearce & Robinson, 2009).
5 pages (1250 words) Essay
Management planning and control system
Errors are unintentional mistakes committed by accounting clerks while dealing with journalising and posting activities. In contrast, fraud is a mistake committed by employees or managerial persons with intent to deceive the business owner. In a comparison, fraud seems to be a more severe issue as it is related to all organisational structures.
3 pages (750 words) Essay
Management Control Systems
Effective management is the key to improved organizational productivity and performance. Companies use management control systems to support organizational objectives, control activities, and drive organizational performance.
8 pages (2000 words) Essay
Management Control System of TNA An Analysis
This paper will first of all outline the issues that have been dealt with by Paul M Collier in his Entrepreneurial Control and the Construction of a Relevant Accounting, where he studies the case of TNA as regards its management control system. Further, I will seek to put forth an analysis of this control system through the employment of two theoretical perspectives, thus demonstrating the differences between the outcomes arising from the two.
10 pages (2500 words) Essay
Management Control Systems: UCB Pharma Inflammation Business Unit Evaluation
This research will expand on personnel management utilized by UBC Pharma as a management control system. Personnel management focuses on the compensation activities and motivational rewards based on specific, functional goals and objectives. The UCB employees used for this research are the BU-Inflammatory unit sales management and medical staff.
14 pages (3500 words) Essay
Management Accounting Control System
Former one describes the performance of one business that needs to be filed at company's house whereas the purpose of management accounts is to coordinate the planning of one business and making decisions about key areas like stock and sales etc. Management accounts provide the necessary guidance to make timely and meaningful management decisions about a business.
10 pages (2500 words) Essay
What is a strategic control system what role does accounting play in a strategic control system are the strategic management accounting in Caterpillar effecti
On the other hand strategic control system can be considered as a process that determines the different strategies and methods that can help the company in the maintenance of
4 pages (1000 words) Essay
Control in Global Economy
One key area that has resulted in an untold fear is the emerging trends in management control systems. It is evident that the study curriculum changes with region, country and also as per new innovations. The business world is now an equally dynamic
4 pages (1000 words) Essay
Impact of management of control system and leadership
This is done by collecting information that can be used to establish whether the resources of the organization are being used productively to
2 pages (500 words) Essay
How strategy maps could be a useful management tool and system to monitor and control the performance of organisational or business units
business strategies in a way that dispels the immanent ambiguities and makes the incumbent business strategy clear to all the salient stakeholders in an organization or a business unit (Dinsmore & Rocha 2012, p. 44). Herein comes in the immense utility and importance of strategy
4 pages (1000 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Contact Us