Question

Long Answer Question:
What is meant by controlling? Explain any three points of importance of controlling.

Answer 1

Control is a primary goal-oriented function of management in an organisation. It is a process of comparing the actual performance with the set standards of the company to ensure that activities are performed according to the plans and if not then taking corrective action.

Impottance of Controlling:

• Controls make plans effective. Managers need to measure progress, offer feedback, and direct their teams if they want to succeed.
  
• Controls make sure that organizational activities are consistent. Policies and procedures help ensure that efforts are integrated.
  
• Controls make organizations effective. Organizations need controls in place if they want to achieve and accomplish their objectives.