CMGT 573 Planning and Control of Organizations
Reviews and analyzes the theory and application of the basic components of the managerial control process. Includes introduction to such managerial concepts as cost and profit analysis, planning and scheduling of activities, cost concepts, budget decision techniques, budget control activities, capital and operating budgeting, and the cost of capital. Emphasizes coordination, control, and interaction between decision theory and the instruments of policy implementation in formal organizations.