A Critical Review of Management Control Syste...

A Critical Review of Management Control Systems and Strategy

Author Name : Dr. Bheem Sen Yadav

ABSTRACT

The importance of this is to determine the management control system and strategic planning of the organization. The significance is to evaluate the objectives planning system to maintain the business standards. The key points regarding business strategy are critically evaluated in this research with suitable methods to outline this research. The information that is retrieved from several journals defines the methods of controlling elements and setting goals. It helps to control risk factors by effectively controlling processes by applying management techniques. It also helps to manage the plans and focus on mobilizing operational processes.

Keywords: Strategic planning, Management control system, controlling risk factors.