Which of the following is NOT the importance of controlling?
Controlling refers to the comparison between the actual performance and the planned performance so that corrective measures can be taken in case of any deviations or difference. The importance of controlling areas are:
1. Making efficient use of resources
2. Helps in achieving organisational objectives
3. Judging the accuracy of standards
4. Facilitate coordination in action
Therefore, it does not deal with the issues of managerial authority.