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प्रश्न
State two reasons to emphasize the importance of Controlling as a function of management.
उत्तर
Controlling is a managerial process that involves establishing benchmarks or standards in a plan, comparing actual performance vis-a-vis those benchmarks, measuring the possible variations and undertaking corrective actions to remove those variations. Controlling is important because of the following points:
- Decision making: Controlling process enables decisions directed towards making adjustments or improvements which are consistent with a business' mission and goals.
- Coordination: It focuses on building an equilibrium between business efforts and desired results through coordination between all resources, business activities and departments/units.
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संबंधित प्रश्न
Priya is a regional manager of XYZ. Ltd. She is a hardworking employee and is trying to reduce wastage of resources in her company. She has set standards for performance of different activities and is ensuring that targets are met according to these standards with minimal wastage of resources. She has set up CCTV cameras which helps her to keep a close check on the activities of the subordinates and know how the employees are performing. She also rewards the employees with a bonus when these standards are met. She is trying her best to ensure a good performance of her team this year through the application of an important function of management. Explain any two benefits of the function of management highlighted above.
Which of the most commonly used ratios for controlling?
What should be the 'focus point' for a manager while controlling, as controlling at each and every step is not possible?
Amrita keeps machines, materials, tools, etc. ready for operations by concerned workers. Whose work is described by this statement under functional foremanship?
Which of the following is not an importance of controlling function?
How does controlling function of management 'ensures order and discipline’ and 'helps in judging accuracy of standards’? Explain.
Explain how controlling helps in 'making efficient use of resources' and 'improving employee motivation'.
State any three reasons as to why controlling is regarded as an indispensable function of management.
Explain the importance of controlling.
Explain the importance of controlling.
