Assignment Task
Introduction
The primary aim of this unit is to familiarise learners with the concepts and applications in business organizations of management control systems
Scenario
Learners may use their employment context or another organization with which they are very familiar, to base their assignment. However, in the case that they are not able to do so, please use the below scenario:- Consider that you are working as a senior manager in a small or medium-sized organisation. Your roles and responsibilities include how to manage effective and efficient control systems within the organization. You also lead a team of ten individuals. Your company meet all applicable standards, plans, or objectives in line with its regulatory and industry code of practice and trade internationally. Your Line Manager asked you to write a piece of paper. In that paper, you should describe the importance of Management control within the organisation and its link to achieve the organisational strategy and how top management of the organization utilises management theories, models, techniques, approaches and strategies to plan, implement and evaluate the effective control system.
Identify the characteristics of management control systems by meeting the following Assessment Criteria (AC)
Questions
- Explain the evolutions of control systems in an organization
- Identify organisational control systems for effective organisational
- Explain the importance of accounting and budgeting systems functions to influence human behaviour
- Identify leadership as a method of control.
Evaluate management control systems for strategic planning and development in an organisation by meeting the following Assessment Criteria (AC)
- Assess core control systems in an organisation
- Identify the relationship between planning and control
- Evaluate the contingency framework for strategic planning and development
Evaluate the controls systems in an organisation by meeting the following Assessment Criteria (AC)
- Evaluate the use of project management tools in an organisation.
- Assess the nature of control systems in a small business
- Assess the process of discovering strategic core competence in a small business
- Evaluate the use of management control systems