Question

Explain Any Three Points That Highlight the Importance of Controlling the Function of Management

Answer 1

Importance of the controlling function of management is as follows:

1. Accomplishing organisational goals: Controlling function helps in achieving the organisational objectives and helps spot any deviations and take corrective action for them. By doing these they help in the growth of the organisation.
2. Judging accuracy of standards: An efficient control system helps the organisation in determining whether the standards set are accurate or not.
3. Making efficient use of resources: A manager seeks to reduce wastage by making efficient use of resources. All the activities are performed as per the plan which helps in reducing wastage and increasing efficiency of the processes.
4. Increases employee motivation: By making employees known what is expected of them and what are the rewards if someone surpasses them lets the employees perform in a motivated manner.