Which one of the following is considered as non-traditional control technique?
A
Internal adult
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B
Break-even analysis
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C
Personal observation
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D
Financial ratio analysis
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Solution
The correct option is D Financial ratio analysis Modern techniques of controlling are
those which are of recent origin and
are comparatively new in management
literature. These techniques provide
a refreshingly new thinking on the
ways in which various aspects of an
organisation can be controlled. These
include:
(a) Return on investment
(b) Ratio analysis
(c) Responsibility accounting
(d) Management audit
(e) PERT and CPM
(f) Management information system