Basic concept of management control system?

Answer 1

the concept of Management control System is

• Planning activities of an organization
• Coordinating activities of an organization
• Communication information to different levels of the hierarchical structure
• Evaluating information and deciding the actions to be taken
• Influencing people to change their behavior.
• by doing this achieving the goals of individual departments and in turn overall goal of an organization effectively and efficiently

Answer 2

the nature of management control system is the man,other companies and banks