This assignment supports the followingunit objectives:

• Understand the different control systems
• Explain the nature of managerial control and its importance in a well-run organization

1. Explain the simple control process using an example of your own experiences (this can be professional or personal, but explain each step)

2. Share your thoughts on how this process can be improved, or if you feel it cannot be improved explain why this simplistic model works well.

3. In your own opinion (supported with cited facts) why do you feel controls need to be in place, reviewed, and corrected/praised?