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Acronym Finder

What is MCS ?

Management Control System

Management control system (MCS), the system is that specific information in order to evaluate the performance of different sources of the enterprise such as resources, human, physical, financial, collects, and uses, as well as the organization as a whole organizational strategy takes into consideration. Robert N. Anthony (2007) management control as the process is defined in which managers, executives, or other members of the organization to implement organizational strategy affect. Systems control management tools to help management to steer the organization toward strategic objectives and competitive advantage can be. Management control is only one of the tools that managers in the implementation of strategies for the desired use. With this strategy through the control of the management, structure, organizational management, human resources and culture is implemented. Anthony and young (1999) management control system as a black box showed. Black box is a term used it to describe an operation that its exact nature cannot be observed, etc. can be used. System management control involves the behavior of managers can also be the behavior with equations can not be expressed. It is noted that the terms Management Accounting (MA), the accounting system management (MAS), the management control systems (MCS), and the control of organizational (OC) are sometimes interchangeably used.
MCS