Question

Define controlling.

Hint:

Controlling ensures that actual performance matches planned performance.

Answer 1

Controlling is an important function of management which ensures that organisational activities are performed according to the planned objectives.
It involves measuring actual performance, comparing it with the standards set in advance, and identifying deviations, if any.
Through controlling, managers can determine whether the work is progressing as per plans or not.
If deviations are found, corrective actions are taken to ensure that organisational goals are achieved efficiently.
Thus, controlling helps in maintaining discipline, improving performance, and ensuring effective utilisation of resources.
It also provides feedback to management, which is useful for future planning and decision-making.