Which of the following is / are non - traditional control device(s) of control system?
A
Break - even analysis
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B
Network analysis
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C
Financial ratio analysis
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D
All of above
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Solution
The correct option is B Network analysis Controlling refers to the comparison between the
actual performance and the planned performance so that corrective measures can
be taken in case of any deviations or difference.
Network analysis is a type of non-traditional control device of control system where actual network of business is compared to the planned network of the business and corrective measures is taken in case of any deviations.