English

“The essence of control lies in action”. Comment. - Commerce

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Question

“The essence of control lies in action”. Comment.

Very Short Answer
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Solution

Corrective action taken to close the performance gap between standards and actual performance is the essence of control. However, it should be highlighted that control only serves to monitor performance; it has no authority over individual rights.

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Chapter 12: Controlling - EXERCISES [Page 370]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 12 Controlling
EXERCISES | Q 6. | Page 370
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