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What is controlling function of management? - Commerce

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Question

What is controlling function of management?

Short Answer
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Solution

‘Controlling can be defined as the process of determining what is to be accomplished, that is the standard, what is being accomplished, that is the performance; evaluating the performance; and if necessary, applying corrective measures so that performance takes place according to plans, that is, in conformity with the standard.’ - G.R. Terry

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Chapter 7: Functions of Management and Coordination - QUESTION BANK [Page 193]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 7 Functions of Management and Coordination
QUESTION BANK | Q 21. | Page 193
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