Question:

State any three points of importance of the function identified in (i) above.

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Controlling ensures that the organization stays on track by monitoring performance, detecting deviations, and taking corrective action.
Updated On: Feb 19, 2025
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Solution and Explanation

(ii) Importance of Controlling: (1) It helps in accomplishing organisational goals by bringing to light the deviations, if any, and indicating corrective action. (2) It helps in judging accuracy of standards in the light of changes taking place in the organization and environment. (3) It helps in making efficient use of resources by ensuring that each activity is performed in accordance with predetermined standards. (4) It improves employee motivation as the employees know well in advance the standards of performance on the basis of which they will be appraised. (5) It ensures order and discipline among employees by keeping a close check on their activities. (6) It facilitates coordination in action as each department is governed by pre-determined standards which are well coordinated with one another.
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