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This document provides an overview of Robert N. Anthony's definition of management control as the process by which managers influence other organizational members to implement strategies. It discusses management control systems as tools that aid management in steering an organization toward strategic objectives. The key components of management control systems are described as strategic planning, budgeting, resource allocation, performance measurement and evaluation, responsibility center allocation, and transfer pricing.

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Sonal Burad Runwal
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289 views

1

This document provides an overview of Robert N. Anthony's definition of management control as the process by which managers influence other organizational members to implement strategies. It discusses management control systems as tools that aid management in steering an organization toward strategic objectives. The key components of management control systems are described as strategic planning, budgeting, resource allocation, performance measurement and evaluation, responsibility center allocation, and transfer pricing.

Uploaded by

Sonal Burad Runwal
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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Management Control Systems

Eleventh Edition By: Robert N Anthony Vijay Govindarajan

Robert N. Anthony Anthony ( !!"# de$ined Management Control as %&he 'ro(ess by )hi(h managers in$l*en(e other members o$ the organi+ation to im'lement the organi+ation,s strategies. Management (ontrol systems are tools to aid management $or steering an organi+ation to)ard its strategi( obje(tives. Management (ontrols are only one o$ the tools )hi(h managers *se in im'lementing desired strategies.-

&he Nat*re o$ Management Control Systems


.esigning and im'lementing o$ management systems/ *sed to 'lan and (ontrol the $irm,s 'er$orman(e. &hey in(l*de0
Strategi( 'lanning B*dgeting Reso*r(e allo(ation 1er$orman(e meas*rement/ eval*ation/ re)ard Res'onsibility (enter allo(ation &rans$er 'ri(ing

Basi( Con(e'ts
Control
A dete(tor or sensor An assessor An e$$e(tor A (omm*ni(ation net)or2

Management Systems

Bo*ndaries o$ Management Control


Activity
Strategy formulation Management Control Task Control

Nature of End Product


Goals, Strategies, policies Implementation of strategies Efficient and effective performance f individual tasks

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