Question

Explain any two points highlighting the importance of ‘controlling’ function of management.

State any five points that highlight the importance of controlling.

Explain any four points of importance of the controlling function of management.

State any five points of importance of controlling the function of management

Explain any four points that highlight the importance of controlling.

Explain any five points which highlight the importance of controlling the function of management.

Answer 1

The controlling function of management is primarily concerned with establishing performance benchmarks and comparing actual results against them. It thereby aims to correct performance fallacies and enhance performance quality.

Importance of controlling can be highlighted using the following points:

1. Accomplishing tasks: Controlling focuses on ensuring the organisation’s planned tasks are completed efficiently and effectively. It makes sure that the organisation does not deviate from its original goal.
2. Creating and revising benchmarks: Controlling aims to establish accurate performance benchmarks for different employees and to revise them in response to changes in the organisational structure. Benchmarks become targets for employees.
3. Efficiency: Controlling ensures that the organisation’s means and resources are used judiciously, without wastage. It aims to make the best use of the organisation’s physical and human resources.
4. Positive environment: When employees know their targets, they can easily determine the company’s expectations for them. This makes the organisational environment competitive and conducive to accomplishing tasks.
5. Ensures cordial relationships and hierarchy: Controlling benchmarks ensure that employees follow a code of conduct and respect the corporate hierarchy to achieve their performance goals. This results in the formulation of a conductive environment.

Answer 2

Points highlighting the importance of controlling in an organisation:

1. Achieving goals: Controlling ensures that activities are carried out correctly according to plan. It ensures that deviations if any are identified and appropriate corrective action is taken.
2. Reviewing standards: An effective control system ensures that standards are set accurately. As the business environment changes, the standards are also reviewed to adapt to the changes.
3. Enables efficient resource utilisation: An effective control system ensures minimal resource wastage. In other words, it ensures that resources are utilised optimally and as efficiently as possible.
4. Better motivation: With control, employees know what is expected of them and how their performance will be evaluated. This clarity motivates employees to perform better
5. Maintain order: Controlling helps keep a close watch on the activities and behaviour of employees. In this way, it helps in maintaining order and discipline in the organisation
6. Ensures coordination: With proper control, the efforts of the various departments can be unified towards the common goals and objectives of the organisation. The existence of predefined standards of evaluation ensures coordination in the activities of various departments