(a) Controlling
(b) Importance of Controlling
(1) Accomplishing organizational goals :
The controlling function measures progress towards the organizational goals and brings to light the deviations, if any, and indicates corrective action.
(2) Judging accuracy of standards:
A good control system enables management to verify whether the standards set are accurate and objective.
(3) Making efficient use of resources :
By exercising control, a manager seeks to reduce wastage of resources.
