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The control function of management is to ensure that the performance of the company approximates the estimates and budgets as closely as possible. Management control can be seen as a way to safeguard the safety of investor funds. It can also be seen as a continuous system of monitoring performance of assets, irrespective of what …

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Future managers will be managers in a rapidly changing environment. Technological and social change has become faster than ever before in the history of business, traditional means of communication have disappeared in a matter of a short space of years, things such as the fax machine, the typewriter and the teletype have all gone the …

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