question_answer

"Controlling is a critical function of management which ensures the success of any organisation." In the light of this sentence, briefly explain any three importance of controlling.

Answer:

Importance of controlling may be understood by means of following points: (i) Accomplishing Organisational Goals Controlling helps in achieving organisational goals by bringing to light deviations from plans. (ii) Making Efficient Use of Resources Controlling helps in reducing wastage and spoilage of resources, as each activity is performed in accordance with pre-set standards. (iii) Facilitating Coordination in Action Controlling provides direction to all activities and efforts, and thus facilitates coordination in actions of various individuals and departments.