Management control is a process of assuming that resources are obtained and used effectively and efficiently in the accomplishment of the organization’s objectives.

Features of MCS program

1. Total System
Management Control System is an overall process of the enterprise which aims to fit together the separate plans for various

2. Monetary Standard:
Management Control System is built around a financial structure and all the resources and outputs are expressed in terms of money.

3. Definite pattern:
It follows a definite pattern and time table. The whole operational activity is regular and rhythmic.

4. Coordinated System:
It is a fully coordinated and integrated system.

5. Emphasis
Management control requires emphasis both on the search for planning as well as control.

6. Function of every manager
Manager at every level as to focus towards future operational and accountingdata, taking into consideration past performance, present trends and anticipated economic and technological change

Scope of control

Policies control

Control over organization

Control over personnel

Control over costs

Control over techniques

Control over capital Expenditure

Overall control