MANAGEMENT CONTROL - PERFORMANCE MANAGEMENT TOOL OF THE ECONOMIC ENTITY
MANAGEMENT CONTROL - PERFORMANCE MANAGEMENT TOOL OF THE ECONOMIC ENTITY

Summary/Abstract: This paper presents the importance of management control as a management tool of economic entities, involving automatically the control of entity performance. Management control is an information system which accumulates and manages information, in order to assess and manage businessperformance organization. Management control along with budgetary work, calculation of cost and piloting is an important management tool. Aspects of management control are current. Control was and is present in all social and economic realities sides. Through control, managers assure the dynamic, real and preventive information which raises the value of findings and the quality of decisions, without the optimal functioning of businesses being inconceivable

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