Organizational forms and methods of production management control

Abstract

© 2015, Mediterranean Center of Social and Educational Research. All rights reserved. The article offers methodological approaches to the management control system. The given work also identifies its place in control system on the basis of result-oriented method and differentiates between management control and operational control. On the other hand, the notion of system itself presupposes a need for monitoring and feedback to provide the system’s livelihood. Control becomes a function which combines all the other management functions. In terms of consistency control is an indispensable mechanism to supervise the basic management process, consisting in making managerial decisions. The article estimates financial control over performance level.