• It can be defined as an activity which involves monitoring and evaluation of planned activities which helps in achievement of organisational objectives.
  • It is also oriented towards future, providing warning signals through diagnosis of data and triggering appropriate action and adjustments which is called strategic reorientation.
  • There are two aspects of strategic control:
  1. Evaluation of strategic action.
  2. Taking necessary corrective actions.


  • Financial performing control techniques are more superior and reliable because of the fact that success in from of financial performance.
  • Financial controls are exercised at departmental level and organisation as a whole the techniques use as financial control are:
  1. Activity based costing
  2. Budgetary control
  3. Financial ratio analysis
  4. Shareholder value

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