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Definition
| the regulation of organizational activities in such a way as to facilitate goal attainment |
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Definition
| focuses on the processes the organization uses to transform resources into products or services |
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Definition
| concerned with the organization's financial resources |
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| concerned with how the elements of the organization's structure are serving their intended purpose |
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Definition
| focuses on how effectively the organization's strategies are succeeding in helping the organization meet its goals |
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Term
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Definition
| a position in organizations that helps line managers with their control activities |
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Definition
| a target against which subsequent performance will be compared |
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Definition
| focuses on the processes the organization uses to transform resources into products or services |
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Term
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Definition
| attempts to monitor the quality or quantity of financial, physical, human, and information resources before they actually become part of the system |
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Term
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Definition
| relies heavily on feedback processes during the transformation process |
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Term
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Definition
| monitors the ouputs or result of the organization after the transformation process is complete |
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Definition
| concerned with the organization's fianancial resources |
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Term
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Definition
| a plan expressed in numerical terms |
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Term
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Definition
| a profile of some aspect of an organization's financial circumstances |
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Definition
| list of assets and liabilities of an organization at a specific point in time |
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Definition
| a summary of financial performance over a period of time |
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Term
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Definition
| the calculation of one or more financial ratios to assess some aspect of the organization's financial health |
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Term
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Definition
| an independent appraisal of an organization' accounting, financial, and operational systems |
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Term
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Definition
| form of organizational control characterized by formal and mechanistic structural arrangements |
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Term
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Definition
| an approach to organizational control based on informal and organic structural arrangements |
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Term
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Definition
| control aimed at ensuring that the organization is maintaining an effective alignment with is environment and moving toward achieving its strategic goals |
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