A management control system allows managers to maintain oversight of individual employee actions and overall company operations. It encompasses all aspects of a business to ensure harmonization. Management control systems objectives include evaluating progress, detecting deviations from plans, delegating tasks, indicating corrective actions, and measuring advancement. They are important for communicating goals, ensuring efficient resource use, comparing actual performance to standards, setting standards, improving motivation, and maintaining order.

1. Management
control system
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2. Concept of Management control system
A management control system is the framework that allows managers to maintain
control over both the individual acts of their subordinates and the overall operations of
the firm. It is a whole system in the sense that it includes every elements of the
company's activities, ensuring that all of the organization's components are in harmony
with one another.

3. Objectives of Management control system
1. Progress evaluation
2. Detecting deviations
3. Delegation
4. Indicating corrective actions
5. To measure progress

4. Importance of Management control system
1. To communicate the organizational goal
2. To insure efficient and effective use of organizational resources for achieving the
goal
3. For the comparison of the actual performance with standards
4. For setting standards
5. Judging accuracy of standards
6. Improving employee motivation
7. Ensuring order and discipline