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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 - Business Studies

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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.

थोडक्यात उत्तर

उत्तर

Importance of controlling (Any two):

  1. Accomplishing organisational goals: The controlling function measures progress towards the organisational goals and brings to light the deviations, if any, and indicates corrective action.
  2. Ensuring Order and discipline: Controlling creates an atmosphere of order and discipline in the organisation. It helps to minimise dishonest behaviour by keeping a close check on their activities.
  3. Making efficient use of resources: Each activity is performed in accordance with predetermined standards and norms. This ensures that resources are used in the most effective and efficient manner.
  4. Improving employee motivation: A good control system ensures that employees know well in advance what they are expected to do and what are the standards of performance on the basis of which they will be appraised. It, thus, motivates them and helps them to give better performance.
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Importance of Controlling
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2021-2022 (April) Term 2 Sample

संबंधित प्रश्‍न

Explain any two points highlighting the importance of 'controlling' function of management.


Explain the importance of controlling in an organisation. What are the problems faced by the organisation in implementing an effective control system?


A company ‘M’ limited is manufacturing mobile phones both for domestic Indian market as well as for export. It had enjoyed a substantial market share and also had a loyal customer following. But lately it has been experiencing problems because its targets have not been met with regard to sales and customer satisfaction. Also mobile market in India has grown tremendously and new players have come with better technology and pricing. This is causing problems for the company. It is planning to revamp its controlling system and take other steps necessary to rectify the problems it is facing.

Questions

1. Identify the benefits the company will derive from a good control system.

2. How can the company relate its planning with control in this line of business to ensure that its plans are actually implemented and targets attained.

3. Give the steps in the control process that the company should follow to remove the problems it is facing.

4. What techniques of control can the company use? In all the answers keep in mind the sector of business the company is in.


An efficient control system helps in


Which of the following are the factors that highlight the importance of controlling.


Which of the following is not an importance of controlling function?


Om Prakash has set up a small business unit for the manufacturing of detergent. In order to market the detergent in the local residential areas, he has appointed a team of ten salesmen. Each salesman is expected to sell at least 200 units of the detergent within a week's time. Identify the point of importance of controlling being highlighted in the above case.


What should be the 'focus point' for a manager while controlling, as controlling at each and every step is not possible?


"Employees know well in advance what they are expected to do and what are the standards of performance on the basis of which they will be appraised, which in turn help them to give better performance."

Which importance of controlling is highlighted above?


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?


Explain - (i) Accomplishing organisational goals and (ii) Judging accuracy of standards as importance of controlling function of management.


Explain the importance of controlling.


Explain the importance of controlling.


Explain the importance of controlling.


Explain the importance of controlling.


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