Control is one of the four management functions

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Control is one of the four management functions

It involves monitoring activities to ensure they are being performed as planned, and correcting any significant deviations.

Why is control important? Do you control your finances for example? Why/why not?

Bounded rationality: decisions are rational within limits of manager’s ability to store and process large amounts of data. Is this a realistic approach??

Reference no: EM132091017

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