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“Controlling is looking back”. Comment. - Commerce

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Question

“Controlling is looking back”. Comment.

Short Answer
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Solution

“Controlling is looking back” is only partly true. While it involves comparing actual performance with past standards, its real goal is to take corrective actions for the future. So, controlling is not just about the past—it also guides future improvements. Hence, it is both retrospective and forward-looking.

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Chapter 12: Controlling - EXERCISES [Page 371]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 12 Controlling
EXERCISES | Q 10. | Page 371
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