Monitoring and Control is the process of tracking, monitoring and managing performance across business operations. This can include activities like assessing current and forecasted performance, identifying areas to improve efficiency, responding to changing conditions in real-time and maintaining a consistent level of control over operations. By utilizing Monitoring and Control, businesses can stay on top of their operations, make intelligent decisions, and keep their operations running smoothly. Monitoring and Control is an essential part of running a successful business – it helps ensure that goals are met, resources are used efficiently, and profits are maximized.