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“Controlling is an indispensable function of management”. Do you agree? Give four reasons in support of your answer. - Commerce

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Question

“Controlling is an indispensable function of management”. Do you agree? Give four reasons in support of your answer.

Give Reasons
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Solution

Yes, I agree that "Controlling is an indispensable function of management."
Controlling is essential because it ensures that organizational goals are achieved efficiently and effectively.

  1. Ensures Achievement of Goals: Controlling compares actual performance with set standards and helps identify deviations. It ensures that the organization is moving in the right direction and achieving its objectives.
  2. Improves Efficiency: By monitoring the use of resources and correcting deviations, controlling helps avoid waste and underperformance, thus promoting efficient use of resources.
  3. Facilitates Coordination and Order: Controlling brings discipline and order within the organization by keeping all activities aligned with the plan. It helps in synchronizing efforts across departments.
  4. Helps in Future Planning: Information and feedback gained through the controlling process help managers evaluate past performance and improve future planning, making the entire management cycle more effective.
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Chapter 12: Controlling - EXERCISES [Page 371]

APPEARS IN

C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 12 Controlling
EXERCISES | Q 25. | Page 371
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 12 Controlling
QUESTION BANK | Q 5. b | Page 372
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