The company should follow modern techniques to control the system. 

1. ROI (Return on Investment): It is a useful technique of controlling overall performance of a company. It indicates how resources are being used, facilitates balanced, uses effectively of capital employed, focuses on profits and relates them to capital Invested.

2. Responsibility’Accounting: Under this technique, the organisation is divided into centers that are responsible for the overall growth of the various departments. 

Responsibility cen-tres in the organization are these.

(a) Cost Centre: Under this, one can check the production and operational cost. 

(b) Revenue Centres: Sales or marketing departments come under this. This is responsible for generating revenue. 

(c) Profit Centre: Profit = Revenue – Cost. It ensures the actual profit derived from the business. 

(d) Investment Centre: This center ensures the optimum use of assets and it makes use of return on investment.

3. MIS (Management Information System): It is a control technique which provides information and support for effective managerial decision making. It provides accurate information to the managers, helps in planning, controlling, provides cost-effective information and many more.