Control
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Revision as of 14:50, 24 August 2010 by Markus Berger-Vogel (talk | contribs) (New page: == IGC-DEFINITION (abbreviated) == '''Control'''<br> Control (here managerial control) is a non-delegable task of management. It includes identifying the difference between budgeted and ac...)
IGC-DEFINITION (abbreviated)
Control
Control (here managerial control) is a non-delegable task of management. It includes identifying the difference between budgeted and actual figures as well as deciding on the necessary corrective actions, checking whether these actions are effective and, if required, introducing sanctions. Controllers interpret and prepare the results obtained for management, but do not, in doing so, relieve the managers of their controlling task.
from: IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)
