Management Control – a Performance Tool for Trading Entities

Abstract

In order to ensure efficient management within any entity, it is reasonable to introduce a management and control system covering all its areas of activity. Therefore, management control applied at entity level is not just an important process of knowledge and information, but also, a support in the approach of quick and efficient decision-making. In this study, the concept of management control under performance conditions, its classification and position in the entity’s managerial hierarchy, as well as the research of modern systems of entity performance evaluation were examined. As a methodological support in carrying out the present research, the national and international literature was used, as well as the bibliometric analysis allowing the interpretation of the evolution and impact of scientific research regarding the chosen research topic.