What role do management control systems play for entrepreneurial initiatives?

Prepare this assignment according to the APA guidelines. Cite in text and include a References section.

1. What role do management control systems play for entrepreneurial initiatives?
2. How can securities-based policies and regulations impact a firm’s planning and activities?
3. What role does capital valuation play for new business ventures?
4. Are such valuations necessary for all initiatives? Why or why not?