What is the true meaning of management control?

Thanks for invitation,

Management Control :

It is one of the main management's functions includes the following procedures:

1- Review and following up the actual performance in order to compare with planned performance.

2- Measuring the exact difference between the actual performance and planned one.,

3- Identified the real reasons for the differences.

4- Set Corrective action to eliminate or minimize the difference.

5- Following up the complete soloving any differnces after taking required actions in order to avoid same differnces or problem once more.

Management control is the review and following up the actual performance in order to compare with planned performance.

A management control system (MCS) is a system which gathers and uses information to evaluate the performance of different organizational resources like human, physical, financial and also the organization as a whole in light of the organizational strategies pursued.

Control, or controlling, is one of the managerial functions like planning, organizing, staffing and directing. ... Control in management means setting standards, measuring actual performance and taking corrective action. 

Controlling is an important function of management. Its importance becomes apparent when we find that it is needed in all the functions of management. Controlling checks mistakes and tells us how new challenges can be met or faced. The success of the organisation thus hinges on the effective controlling.

The Organizational Control Process. The control process involves carefully collecting information about a system, process, person, or group of people in order to make necessary decisions about each. Managers set up control systems that consist of four key steps: Establish standards to measure performance.

These steps are discussed in detail:

• Setting of Control Standards: Every enterprise plans its activities in advance. ...
• Measurement of Performance: The second step in controlling process is the measurement of performance. ...
• Comparing Actual and Standard Performance: ...
• Taking Corrective Action:

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thanks for invitation

I endorse the answers of my colleagues

Will second Ms. simon Toyiring  opinion. 

1.when there is check and balances in every task carryout at all level in the organization

2.when the is a bench mark set to every task at all level

3.when a target is set to meet the organizational objectives

Thanks

I support Mohammed's answer

Accounting and Financial management

To confirm whether everything is happening according to plan, instructions issued and specific principles, and its purpose to indicate the weaknesses and errors to be addressed frequency of recurrence