Information on which to base resource allocation decisions. Information to plan and control strategic and non-routine activities. Accounting control is not considered in this unit. Effective means that the activity is achieving the goal intended. Planning and Control Closely related to control activities are planning activities.
All control systems incur costs.
Planning Planning is an essential component of management. Tactical Planning Tactical planning is concerned with implementing the strategy. Operational Planning Operational planning is concerned with implementing the tactics. Accounting information is often useful for this type of planning. Budgets are also used for operational planning.