English

“Planning is an empty exercise without controlling”. Elucidate. - Commerce

Advertisements
Advertisements

Question

“Planning is an empty exercise without controlling”. Elucidate.

Very Long Answer
Advertisements

Solution

Only via the process of control, which includes no deviations from standards and the execution of corrective actions in addition to changing plans as needed, can predetermined goals be accomplished. Controlling also guarantees the effective achievement of predetermined objectives. For future planning, controlling offers useful information gleaned from prior experience. By fixing previous features, it guarantees improved resource use in the future. Without oversight, the intended operations might not be executed in accordance with the guidelines and protocols. For instance. Let's say an employee receives Rs. 20 for creating an article. To boost his pay, the worker could labour extremely quickly, producing subpar goods in the process. After observing that quality requirements are not being met, the manager in charge will give the employee instructions to work cautiously and slowly in order to maintain the quality. Control gives work effort the right direction in accordance with the action plan. Thus, it might be said that planning is a pointless endeavour that lacks control.

shaalaa.com
  Is there an error in this question or solution?
Chapter 12: Controlling - EXERCISES [Page 371]

APPEARS IN

C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 12 Controlling
EXERCISES | Q 5. | Page 371
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×