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Q.In your opinion, what is control? Explain.

Rajasthan RbseRBSE Rajasthan Senior Secondary (Class-12) Commerce Board 2024Subjective· 2mImportance★★★★★
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Controlling means comparing actual performance against standards, finding deviations and taking corrective action so that plans are achieved.

Controlling is a key function of management that ensures that what is actually happening in the organisation conforms to what was planned. In my opinion, control involves:

  • Setting standards of performance against which results can be measured.
  • Measuring actual performance and comparing it with those standards.
  • Identifying deviations between actual and expected results and analysing their causes.
  • Taking corrective action to bring performance back in line, and revising standards if necessary. …

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