Think of one corporate transaction, whether financial or nonfinancial, that may take place in any level of organization (which may involve, shareholders, directors, president, senior management, department, individual, an employee in the organization). Indicate one possible objective of this transaction, then, provide control to ensure that such transaction will run smoothly and achieve its objective. Explain briefly how your suggested control helps the transaction achieve its objective. You may suggest a control already implemented by certain organizations, or you may develop your own control.

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Introduction to Control systems

A control system in the field of operational management is a system that manages all the organizational resources. A few organizational resources are human resources, physical resources, and financial resources. Control systems work as a controller of all the organizations which collect the necessary information related to the resources and properly analyze the same. The control systems help any organization achieve its goal and maximize its advantages. The proper control of the management systems and the proper implementation of the strategies are responsibilities of the operations manager.