12th Class Business Studies Sample Paper Business Studies Sample Paper-1

  • question_answer
    Discuss the importance of controlling.

    Answer:

    A good control system helps an organisation in the following ways: (i) Accomplishing Organisational Goals The controlling function measures progress towards the organisational goals and brings to light deviations, if any and indicates corrective action. Thus, it guides the organisation and keeps it on the right track so that organisational goals might be achieved. (ii) Judging Accuracy of Standards A good control system enables management to verify whether the standards set are accurate and objective. An efficient control system keeps a careful check on the changes taking place in the organisation. (iii) Making Efficient Use of Resources By exercising control, a manager seeks to reduce wastage and spoilage 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. (iv) 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. Thus, it motivates and helps them to give better performance. (v) Ensuring Order and Discipline The controlling function helps to minimise undesirable behaviour of employees by keeping a close check on their activities. Thus, it facilitates order and discipline in the organisation.


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