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Management control as an interdisciplinary subject. A management control system (MCS) is a system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole in light of the organizational strategies pursued.
Master data represents "data about the business entities that provide context for business transactions". [1] The most commonly found categories of master data are parties (individuals and organisations, and their roles, such as customers, suppliers, employees), products, financial structures (such as ledgers and cost centres) and locational concepts.
The term master is used in some technology contexts that do not refer to a relationship of control. Master may be used to mean a copy that has more significance than other copies in which case the term is an absolute concept; not a relationship. Sometimes the term master-slave is used in contexts that do not imply a controlling relationship.
Control mastery theory or CMT is an integrative theory of how psychotherapy works, that draws on psychodynamic, relational and cognitive principles. [1] Originally the theory was developed within a psychoanalytical framework, by psychoanalyst and researcher Joseph Weiss, MD (1924-2004).
It was founded in 1973 [1] under the name Instituto de Empresa (lit. Institute of Business) and since 2009 is part of IE University . IE Business School runs BBA , MBA , Executive MBA , master's degree programs in finance and management , executive education programs, PhD , and DBA programs.
The Master Key System is a personal development book by Charles F. Haanel that was originally published as a 24-week correspondence course in 1912, and then in book form in 1916. [1] The ideas it describes and explains come mostly from New Thought philosophy.
A control loop is the fundamental building block of control systems in general and industrial control systems in particular. It consists of the process sensor, the controller function, and the final control element (FCE) which controls the process necessary to automatically adjust the value of a measured process variable (PV) to equal the value of a desired set-point (SP).
A typical Master Control Station. On the top-side facilities of offshore oil and gas platforms, the Master Control Station (MCS) is a dedicated system that controls and retrieves data from subsea equipment on the ocean floor. The MCS is supplied by the manufacturers of the subsea control modules (SCM), an MCS is required for each vendor.