Which is not a modern technique of managerial control?
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This question was previously asked in
Shift 30/05/2023 12:00 PM - 2:00 PM
A
Break even analysis
B
Ratio analysis
C
Management Audit
D
PERT and CPM
Correct Answer
Break even analysis
Detailed Explanation
Breakeven Analysis: Breakeven analysis is a technique used by managers to study the relationship between costs, volume and profits. It determines the probable profit and losses at different levels of activity.
The other options, ratio analysis, management audit, and PERT (Program Evaluation and Review Technique) and CPM (Critical Path Method), are modern techniques of managerial control that help in various aspects of decision-making, performance evaluation, and project management.
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