What are informal management control systems? Are they important? Why or why not?
Question:
What are informal management control systems? Are they important? Why or why not?
Control system:
A control system is a group of devices or systems that coordinates the actions of other systems or devices to produce the intended outcome. Usually, large firms employ control systems.
Answer and Explanation: 1
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View this answerInformal management control systems are unofficial methods of control used in organizations.
These methods can include using personal relationships...
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Chapter 5 / Lesson 8An organization's internal control system is a policy that ensures that business is conducted effectively and efficiently. Examine the impact of technological developments on the accounting procedures in an organization.