Management Control

Managerial Behavior: Professor Medinets
Lecture #1
Chapter #12 Part A - Management Control

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Time Stamps:

0:20 Cost Management

1:21 Management Control System

1:38 Key Issues (Management Control System)

2:40 Decision Making

3:38 Decentralized Organizational Structure

4:00 Principal-Agent Relationship

5:25 Principal-Agent Relationship (Explained)

7:35 Advantages of Decentralization

8:22 Disadvantages of Decentralization

9:32 Characteristics of a Management Control System

10:50 Results of a Good Management Control System

11:04 Organizational Economics

For extra practice attached is a Handout by the professor

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