Management Controls

Management controls are processes and systems used by organizations to ensure that business activities align with goals, policies, and regulations. They involve setting standards, monitoring performance, and taking corrective actions when necessary. Think of them as the tools managers use to guide the organization, prevent mistakes, and achieve desired results efficiently and ethically. These controls help maintain accountability, improve operations, and ensure resources are used appropriately. Essentially, management controls keep the organization on track and facilitate informed decision-making.