It is the assessment and regulation of how the organization as a whole fits its external environment.

It is a specialized form of management control and looks how the organization as a whole meets its long-term objectives and goals.

It regulates the activities or methods an organization uses to produce the goods and services it supplies to its customers.

It is the assessment and regulation of the day-to-day functions of the organization and its major units during the implementation of its strategies.

It focuses on executing the strategy.