Organizational Control Process & Financial Controls

I need 3 paragraphs for each discussion which is a total of 6 paragraphs. Please keep both separate

Discussion 1 

Analyze how the four steps of the control process and explain how each step contributes to the control function. Describe the three types of controls. How can the effectiveness of controls be assessed in an organization? Is this assessment different for a global organization? 

Discussion 2

 What is the primary financial control tool used to manage the operations of an organization and how can it equip managers with the information they need to make decisions? How are financial controls different for a global organization? Provide three examples.